Nicosia Cyprus is considered the capital of Cyprus. It is also the largest city. It is locally known as “Lefkosha or Lefkosia. It is almost at the center of the country. The city of Nicosia is not only the center for businesses; it is also the center for governance in the region.
Nicosia Cyprus is the only capital city in the world that is divided. Unlike other nations, it is not being treated as one whole capital. A green line separates the northern Turkish and southern Greek areas. This “demilitarized zone” is maintained by the United Nations.
The population of the city of Nicosia Cyprus as of 2004 has already reached 270,000. Another 84,893 people is estimated to be living within the Turkish area as well. It is greatly controlled by the republic of Cyprus. Nicosia Cyprus is also the center for trade and their market industry. Their investment market has really emerged and bolstered their economy. Many tourists are fond of Nicosia, especially during the holiday season. At this time, rental yields are quite high. Many investors now are looking into this area of Cyprus for overseas investments. Others buy properties in Nicosia as a retirement destination.
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