704m² Land in Limassol, Cyprus No. 35493

1
704m² Land in Limassol, Cyprus No. 35493
ID35493 $ 1 853 641
35493

Property description

An exceptional real estate opportunity in the highly sought-after tourist area of Yermasoyia, Limassol. This prime plot spans an impressive 701 square meters, providing ample space for a variety of development possibilities. Situated in a vibrant and bustling neighborhood, the plot offers a unique blend of coastal charm and urban convenience, making it ideal for both residential and commercial projects.

Key Features:

Zone T1β (92% of the Plot)- Coverage: 644.92 square meters

Building Density: 0.6

Coverage Ratio: 0.25

Maximum Floors: 3

Maximum Height: 13.5 meters

Zone ΚΓ7β (8% of the Plot) - Coverage: 56.08 square meters

Building Density: 0.8

Coverage Ratio: 0.45

Maximum Floors: 3

Maximum Height: 13.5 meters

Development Potential:

✔ Residential Development: The plot's zoning allows for the construction of multi-story residential buildings, perfect for luxury apartments or a mix of residential units catering to both locals and tourists.

✔ Commercial Ventures: With its strategic location in a tourist-heavy area, the plot is ideal for commercial projects such as retail stores, cafes, or small office buildings.

✔ Mixed-Use Development: Given the diverse zoning and ample space, the plot can accommodate a mixed-use development that combines residential, commercial, and recreational spaces, enhancing the area's appeal and utility.

Contact us for more information!

Reference number: 4520
Land type: Plot
Plot area: 704 m2
Plot Type: Tourist
Square meter price: €2.557 /m2:
Limassol - Statistics
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ParametersLimassol
Rent Per Month
Apartment (1 bedroom) in City Centre$ 1 440.59
Apartment (1 bedroom) Outside of Centre$ 1 119.42
Apartment (3 bedrooms) in City Centre$ 2 489.79
Apartment (3 bedrooms) Outside of Centre$ 1 927.77
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre$ 4 976.15
Price per Square Meter to Buy Apartment Outside of Centre$ 4 292.75
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ParametersLimassol
Crime Index39.11
Cost of Living and Rent Index44.56
Purchasing Power Index105.96
Property Price to Income Ratio9.28
Safety Index60.89
Traffic CO₂ Index3692.24
Traffic Inefficiency Index100.97
Rent Index33.15
Health Care Index51.26
Groceries Index48.75
Pollution Index59.72
Traffic Commute Time Index21.38
Restaurant Price Index59.11
Climate Index95.74
Cost of Living Index53.72
Quality of Life Index160.09
Traffic Index96.82
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ParametersLimassol
Restaurants
Meal, Inexpensive Restaurant$ 20.61
Meal for 2 People, Mid-range Restaurant, Three-course$ 72.12
McMeal at McDonalds (or Equivalent Combo Meal)$ 8.24
Domestic Beer (0.5 liter draught)$ 4.12
Imported Beer (0.33 liter bottle)$ 5.15
Coke/Pepsi (0.33 liter bottle)$ 2.22
Water (0.33 liter bottle) $ 0.94
Cappuccino (regular)$ 3.92
Markets
Milk (regular), (1 liter)$ 1.81
Loaf of Fresh White Bread (500g)$ 2.06
Eggs (regular) (12)$ 3.87
Local Cheese (1kg)$ 12.51
Water (1.5 liter bottle)$ 1.01
Bottle of Wine (Mid-Range)$ 7.21
Domestic Beer (0.5 liter bottle)$ 1.65
Imported Beer (0.33 liter bottle)$ 2.79
Cigarettes 20 Pack (Marlboro)$ 5.15
Apples (1kg)$ 2.69
Chicken Fillets (1kg)$ 8.44
Oranges (1kg)$ 2.07
Potato (1kg)$ 1.41
Lettuce (1 head)$ 1.10
Rice (white), (1kg)$ 2.75
Tomato (1kg)$ 3.15
Banana (1kg)$ 1.99
Onion (1kg)$ 1.44
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$ 12.85
Transportation
One-way Ticket (Local Transport)$ 2.06
Monthly Pass (Regular Price)$ 41.21
Gasoline (1 liter)$ 1.46
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)$ 24 726.23
Taxi Start (Normal Tariff)$ 6.18
Taxi 1km (Normal Tariff)$ 1.44
Taxi 1hour Waiting (Normal Tariff)$ 30.91
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)$ 27 178.25
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment$ 190.16
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)$ 33.73
$ 22.22
Salaries And Financing
Average Monthly Net Salary (After Tax)$ 2 496.03
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate4.41
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult$ 76.91
Tennis Court Rent (1 Hour on Weekend)$ 29.28
Cinema, International Release, 1 Seat$ 10.30
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)$ 88.97
1 Summer Dress in a Chain Store (Zara, H&M, ...)$ 53.09
1 Pair of Nike Running Shoes (Mid-Range)$ 103.46
1 Pair of Men Leather Business Shoes$ 129.41
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child$ 530.39
International Primary School, Yearly for 1 Child$ 8 565.87
Data are provided by Numbeo.com and are based on its users survey. Emirates.estate can not guarantee the validity of these data.
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CityLimassol
TypeLand
Living space704 m²
  • sq. ft
Price
  • Price
  • per m²
$ 1 853 641