The government’s revitalization plan offers incentives for property owners to demolish unsafe buildings and replace them with modern structures without compromising development factors. This initiative aims to enhance public safety, preserve historical structures, and stimulate urban renewal within a fiveyear application window.
The Great Nicosia Walk is a new ‘green’ promenade around the ancient Venetian walls and the moat, connecting different parts of Nicosia and serving as an outdoor museum. The initiative enhances the city’s cultural and social infrastructure, blending history with ecoconsciousness in an inviting and educational way.
The student housing scheme in Old Nicosia, funded with €15 million from the Cyprus recovery and resilience plan, aims to revitalize the historical district by providing accommodation for students. Interested applicants can find more information and apply through the ministry of the interior’s official post, with the project expected to bring economic and cultural growth to the area.
