Nicosia is the capital of the Republic of Cyprus, located in the very heart of the island. This is a truly modern European city, a business, economic and political center. All the authorities, diplomatic missions of foreign countries, central offices of many multinationals and Cypriot companies are located here.
Remoteness from the coast imposes certain features in the real estate market in Nicosia. Properties here are often purchased by foreigners who work in the city.
Resorts located closest to Nicosia is the coastline near Larnaca, about 40km from the capital. Oftentimes residents of the capital purchase vacation properties near Larnaca or Protaras.