Should I buy or rent a home in Nicosia?

If you have not spent a lot of time in Nicosia, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...

"Buying a home in Nicosia can be a great investment. The city is a vibrant and growing hub of culture and commerce, and the cost of living is relatively low. The real estate market is also quite stable, so you can expect to get a good return on your investment. However, if you are not ready to commit to a long-term purchase, renting a home in Nicosia can be a great option. You can enjoy the city's amenities without the long-term commitment of a purchase, and you can also take advantage of the city's low cost of living," explained one expat living in Nicosia, Cyprus.

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Avertiss is a professional brokerage firm that offers services in real estate and its related fields. We represent buyers and sellers in both the northern and southern parts of the island of Cyprus. Our brokerage consists of highly experienced professionals specializing in real estate investment, lifestyle, legal services, and valuation advisory.

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Should I buy or rent a home in Nicosia?

If you live in Nicosia, newcomers to Nicosia would love to hear your answer to this question.