790m² Land in Nicosia, Cyprus No. 41612

790m² Land in Nicosia, Cyprus No. 41612
ID41612 $ 2 758 002
41612

Property description

Reference ID: #17110Price details: €2,470,000A plot of 790 sqm is available for sale in the heart of Nicosia in the Trypiotis quarter.The subject property has a rectangular shape and a flat even surface. At its north border it benefits from a road frontage of circa 35m along Andrea Demetriou street and is currently used as parking space.The immediate area consists of multi-storey developments, which are mainly shops, cafes, including some of the best known restaurants in Nicosia, and offices at the ground floors and flats on the remaining floors. In the wider area there are many landmark buildings housing public organisations including the Ministry of Labour and Social Insurance, Cyprus Neuroscience Technology Institute and the THOC premises.The plot benefits from falling in planning zone Eα1 (commercial) allowing 250% building density, 40% coverage, 14 floors and a maximum height of 52m with further incentives available.

Reference number: 17110
Density: 250%
Coverage: 40%
Plot area: 790 m2
Plot Type: Commercial
Square meter price: €3.127 /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 space790 m²
  • sq. ft
Price
  • Price
  • per m²
$ 2 758 002