Politis

First Turkish Cypriot 'Prime Spot' to be Auctioned

Published February 27, 2026, 09:17
First Turkish Cypriot 'Prime Spot' to be Auctioned

The Turkish Cypriot Property Management Service is announcing the first auction for a Turkish Cypriot property in the Agios Ioannis area of Limassol. The property will be available exclusively to refugees, with the award going to the highest bidder. This move represents an innovation in the management of Turkish Cypriot properties, replacing subjective decisions with a public competition for transparency and meritocracy. The selection of 'Special Management' areas, such as Mackenzie and Piale Pasia in Larnaca, was based on urban planning and economic criteria. Auctions are also being prepared for properties in Mackenzie and within the walls of Nicosia.