Transformations in Nicosia: New Investments and Development
August 31, 2025
Nicosia is undergoing a significant transformation as the municipality promotes initiatives that will change the city's face. The arrival of the Kapodistrian University is boosting investments and creating new student dormitories and hotels. Over 250 dormitories are under construction, with renovation projects planned. It's expected to attract around 2,000 students to the Old City, positively impacting the economy. The revitalization of Ledra and other central areas is also expected to enhance the area's vitality.