2126m² Land in Nicosia, Cyprus No. 36409

2126m² Land in Nicosia, Cyprus No. 36409
ID36409 $ 6 141 299
36409

Property description

The property comprises of four continuous plots with total land area of 2.126 m2 and are situated within Agioi Omologites quarter in the Municipality and District of Nicosia.

The plots are located approximately 940 meters from the Venetian Walls of Nicosia, 310 meters southwest of the Ministry of Finance and 170 meters west of the traffic lights of the junction between Dimostheni Severi and Grivas Digenis Avenues.

The property abuts along its western boundary onto Lord Byron Street and along its southern boundary onto Grivas Digenis Avenue with a total frontage of approximately 80 meters. It also abuts along its northern boundary onto registered public street, which is a dead end, with a frontage of approximately 30 meters.

The immediate area is mainly developed with multi-storey buildings which comprise of offices, as well as residential flats. The buildings with frontage onto the busiest streets of the area are also being used as showrooms and for commercial purposes.


This property consists of:

Property with registration number 0/7262, extending to approximately 792 sq.m. in total and falls within Zone ΕΖ-δ, with a building coefficient of 200%, coverage of 60%, and permission for 8 floors (31m) of construction.

Property with registration number 1/1548, extending to approximately 812 sq.m. in total and falls within Zone ΕΖ-δ, with a building coefficient of 200%, coverage of 60%, and permission for 8 floors (31m) of construction.

Property with registration number 1/1731, extending to approximately 262 sq.m. in total and falls within Zone ΕΖ-δ, with a building coefficient of 200%, coverage of 60%, and permission for 8 floors (31m) of construction.

Property with registration number 1/1809, extending to approximately 260 sq.m. in total and falls within Zone ΕΖ-δ, with a building coefficient of 200%, coverage of 60%, and permission for 8 floors (31m) of construction.

The property is subject to VAT

Reference number: 44944
Land type: Plot
Plot area: 2126 m2
Plot Type: Commercial
Square meter price: €2.587 /m2:
Nicosia - Statistics
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ParametersNicosia
Rent Per Month
Apartment (1 bedroom) in City Centre$ 701.37
Apartment (1 bedroom) Outside of Centre$ 564.78
Apartment (3 bedrooms) in City Centre$ 1 290.54
Apartment (3 bedrooms) Outside of Centre$ 1 047.06
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre$ 2 641.94
Price per Square Meter to Buy Apartment Outside of Centre$ 1 821.31
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ParametersNicosia
Crime Index30.71
Cost of Living and Rent Index35.65
Purchasing Power Index84.47
Property Price to Income Ratio6.70
Safety Index69.29
Traffic CO₂ Index4596.94
Traffic Inefficiency Index117.15
Rent Index16.98
Health Care Index56.55
Groceries Index50.85
Pollution Index59.30
Traffic Commute Time Index24.38
Restaurant Price Index51.31
Climate Index86.01
Cost of Living Index51.36
Quality of Life Index156.17
Traffic Index107.94
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ParametersNicosia
Restaurants
Meal, Inexpensive Restaurant$ 12.66
Meal for 2 People, Mid-range Restaurant, Three-course$ 66.05
McMeal at McDonalds (or Equivalent Combo Meal)$ 7.71
Domestic Beer (0.5 liter draught)$ 4.40
Imported Beer (0.33 liter bottle)$ 5.50
Coke/Pepsi (0.33 liter bottle)$ 1.56
Water (0.33 liter bottle) $ 0.75
Cappuccino (regular)$ 3.59
Markets
Milk (regular), (1 liter)$ 1.82
Loaf of Fresh White Bread (500g)$ 1.98
Eggs (regular) (12)$ 3.68
Local Cheese (1kg)$ 13.31
Water (1.5 liter bottle)$ 0.91
Bottle of Wine (Mid-Range)$ 8.81
Domestic Beer (0.5 liter bottle)$ 1.69
Imported Beer (0.33 liter bottle)$ 3.06
Cigarettes 20 Pack (Marlboro)$ 5.50
Apples (1kg)$ 2.84
Chicken Fillets (1kg)$ 8.78
Oranges (1kg)$ 1.85
Potato (1kg)$ 1.37
Lettuce (1 head)$ 0.54
Rice (white), (1kg)$ 2.49
Tomato (1kg)$ 2.54
Banana (1kg)$ 1.98
Onion (1kg)$ 1.26
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$ 12.20
Transportation
One-way Ticket (Local Transport)$ 2.64
Monthly Pass (Regular Price)$ 55.04
Gasoline (1 liter)$ 1.54
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)$ 27 465.18
Taxi Start (Normal Tariff)$ 3.85
Taxi 1km (Normal Tariff)$ 1.38
Taxi 1hour Waiting (Normal Tariff)$ 55.04
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)$ 28 272.44
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment$ 207.87
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)$ 29.25
$ 22.97
Salaries And Financing
Average Monthly Net Salary (After Tax)$ 1 665.54
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate3.80
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult$ 65.59
Tennis Court Rent (1 Hour on Weekend)$ 24.77
Cinema, International Release, 1 Seat$ 11.01
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)$ 75.22
1 Summer Dress in a Chain Store (Zara, H&M, ...)$ 34.03
1 Pair of Nike Running Shoes (Mid-Range)$ 85.62
1 Pair of Men Leather Business Shoes$ 94.49
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child$ 398.74
International Primary School, Yearly for 1 Child$ 7 405.46
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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CityNicosia
TypeLand
Living space2126 m²
  • sq. ft
Price
  • Price
  • per m²
$ 6 141 299