Cyprus Villa For Sale Prices
One of the most popular types of housing among people buying homes in Northern Cyprus is villas. Categorized as either luxury or standard, these villas appeal to both those looking to invest and those seeking a home to live in. So, at what prices are these Cyprus villas—which come with numerous significant advantages—being sold? Let’s take a look at the prices of villas for sale in Cyprus.
Cyprus Villa Prices
Before discussing villa prices in the TRNC, we should note that the figures mentioned here reflect a general average. It is always possible to find villas sold at prices lower or higher than these figures.
That said, villa prices in Cyprus can vary significantly depending on their location. Additionally, the highest prices are found in the following regions, in order: Kyrenia, Nicosia, Famagusta, Iskele, Güzelyurt, and Lefke.
The standard villas for which average prices are shared here are 3-bedroom properties with gardens or a minimum of 200 square meters of indoor space. Luxury villas, on the other hand, feature 3 or more bedrooms, gardens, pools, and a minimum of 200 square meters of indoor space.
Villa Prices in Kyrenia, Cyprus
The highest concentration of tourist activity on the island is observed in the Kyrenia region. Kyrenia, a city that tourists visiting Cyprus never leave without visiting, also hosts numerous universities and has a significant student population.
- Standard villa prices in Kyrenia: £125,000 - £200,000
- Luxury villa prices in Kyrenia: £250,000 and above
Villa Prices in Nicosia
Nicosia is the capital of Cyprus. As the country’s most populous and largest city, Nicosia is primarily home to local residents and international university students who have come to the island.
- Standard villa prices in Nicosia: £110,000 - £175,000
- Luxury villa prices in Nicosia: £200,000 and above
Villa Prices in Gazimağusa
Gazimağusa is home to the Eastern Mediterranean University, one of the most established educational institutions in the TRNC. Additionally, as a port city, Gazimağusa hosts several universities besides EMU. A significant portion of the city’s population consists of university students.
- Standard villa prices in Gazimağusa: £105,000 - £170,000
- Luxury villa prices in Gazimağusa: £200,000 and up
Villa Prices in İskele
The İskele region has become one of the most sought-after locations in Cyprus for villa purchases in recent years. Furthermore, with numerous new projects underway, many local and foreign investors are purchasing real estate in İskele. Offering a lifestyle in harmony with nature, İskele boasts Cyprus’s longest coastline.
- Standard villa prices in İskele: £100,000 - £175,000
- Luxury villa prices in İskele: £175,000 and up
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