1416m² Land in Limassol, Cyprus No. 42158

6
1416m² Land in Limassol, Cyprus No. 42158
ID42158 $ 5 895 721
42158

Property description

Reference ID: #SA33111Price details: €5,300,000Attractive commercial plot in one of the most central areas of Limassol. Located within the Historic area of Limassol, an area known for its commercial and residential activity. It offers excellent access to the motorway and is just 100 metres from the most commercial street in the city. Its proximity to private universities, schools, supermarkets and other amenities make this plot particularly appealing.Ideal opportunity for investment.The property falls within two planning zones:Εβ3 (45%) with a building density coefficient of 160% and a coverage coefficient of 50%, over 5 floors and 20,5m heightΚα3 (55%) with a building density coefficient of 140% and a coverage coefficient of 50%, over 4 floors and 17m height There are already Planning and Building Permits for the erection of a 10 upper ground commercial levels totaling around 3940 sqm and 2 underground levels totaling around 2055 sqm. The plot is registered on a holding company thus No VAT is imposed.

Reference number: SA33111
Density: 160%
Coverage: 50%
Plot area: 1416 m2
Plot Type: Commercial
Square meter price: €3.743 /m2:
Limassol - Statistics
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ParametersLimassol
Rent Per Month
Apartment (1 bedroom) in City Centre$ 1 621.60
Apartment (1 bedroom) Outside of Centre$ 1 247.04
Apartment (3 bedrooms) in City Centre$ 2 807.12
Apartment (3 bedrooms) Outside of Centre$ 2 240.71
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre$ 4 984.87
Price per Square Meter to Buy Apartment Outside of Centre$ 3 818.98
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ParametersLimassol
Crime Index38.38
Cost of Living and Rent Index49.05
Purchasing Power Index81.39
Property Price to Income Ratio9.97
Safety Index61.62
Traffic CO₂ Index3707.25
Traffic Inefficiency Index102.09
Rent Index37.30
Health Care Index51.26
Groceries Index54.70
Pollution Index58.82
Traffic Commute Time Index20.58
Restaurant Price Index67.18
Climate Index95.74
Cost of Living Index58.94
Quality of Life Index150.43
Traffic Index96.10
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ParametersLimassol
Restaurants
Meal, Inexpensive Restaurant$ 22.03
Meal for 2 People, Mid-range Restaurant, Three-course$ 77.11
McMeal at McDonalds (or Equivalent Combo Meal)$ 8.81
Domestic Beer (0.5 liter draught)$ 4.41
Imported Beer (0.33 liter bottle)$ 5.51
Coke/Pepsi (0.33 liter bottle)$ 2.47
Water (0.33 liter bottle) $ 0.97
Cappuccino (regular)$ 4.03
Markets
Milk (regular), (1 liter)$ 1.95
Loaf of Fresh White Bread (500g)$ 2.18
Eggs (regular) (12)$ 4.25
Local Cheese (1kg)$ 13.51
Water (1.5 liter bottle)$ 1.02
Bottle of Wine (Mid-Range)$ 7.71
Domestic Beer (0.5 liter bottle)$ 1.69
Imported Beer (0.33 liter bottle)$ 2.67
Cigarettes 20 Pack (Marlboro)$ 5.44
Apples (1kg)$ 2.85
Chicken Fillets (1kg)$ 9.15
Oranges (1kg)$ 1.95
Potato (1kg)$ 1.35
Lettuce (1 head)$ 1.21
Rice (white), (1kg)$ 2.83
Tomato (1kg)$ 3.20
Banana (1kg)$ 2.08
Onion (1kg)$ 1.54
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$ 13.82
Transportation
One-way Ticket (Local Transport)$ 1.98
Monthly Pass (Regular Price)$ 44.07
Gasoline (1 liter)$ 1.58
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)$ 27 540.74
Taxi Start (Normal Tariff)$ 6.61
Taxi 1km (Normal Tariff)$ 1.54
Taxi 1hour Waiting (Normal Tariff)$ 33.05
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)$ 29 165.65
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment$ 216.02
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)$ 35.69
$ 22.37
Salaries And Financing
Average Monthly Net Salary (After Tax)$ 2 208.24
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate4.24
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult$ 78.98
Tennis Court Rent (1 Hour on Weekend)$ 28.34
Cinema, International Release, 1 Seat$ 11.02
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)$ 99.64
1 Summer Dress in a Chain Store (Zara, H&M, ...)$ 55.43
1 Pair of Nike Running Shoes (Mid-Range)$ 109.16
1 Pair of Men Leather Business Shoes$ 134.70
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child$ 546.46
International Primary School, Yearly for 1 Child$ 8 959.92
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 space1416 m²
  • sq. ft
Price
  • Price
  • per m²
$ 5 895 721