669m² Land in Nicosia, Cyprus No. 43926
ID43926
$ 684 645
Property description
We present to you this magnificent residential plot spanning 669m2, ideally positioned just a 7-minute drive from Nicosia's city center. Conveniently located near all essential amenities, including schools, banks, shops, and pharmacies, this prime location makes it an excellent investment opportunity.According to the local town plan of Nicosia, the plot is situated in a commercial zone EZ-a, with a 200% building density and a 60% coverage allowance. This permits the construction of an 8-floor building up to 31 meters high. Additionally, the plot has the potential to secure an extra building factor through urban planning mechanisms.
With appropriate planning, this plot can be developed into a multi-story building for commercial use. It is particularly attractive to prestigious companies seeking an inspiring location to establish their business, offering a unique investment opportunity that ensures a luxurious and productive environment. Explore the potential of this exceptional plot and invest in a future of growth and success.
Contact us for further details and to schedule a viewing of this magnificent building plot!
Reference number: 1249
Share: No
Density: 200
Coverage: 60
Land type: Plot
Plot area: 669 m2
Plot Type: Residential
Planning zone: ΕΖ-α
Online viewing: Νο
Square meter price: €972 /m2:
Nicosia - Statistics
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| Parameters | Nicosia |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 707.36 |
| Apartment (1 bedroom) Outside of Centre | $ 588.46 |
| Apartment (3 bedrooms) in City Centre | $ 1 391.95 |
| Apartment (3 bedrooms) Outside of Centre | $ 1 128.03 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 2 572.23 |
| Price per Square Meter to Buy Apartment Outside of Centre | $ 1 773.25 |
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| Parameters | Nicosia |
|---|---|
| Crime Index | 30.74 |
| Cost of Living and Rent Index | 35.52 |
| Purchasing Power Index | 84.45 |
| Property Price to Income Ratio | 6.86 |
| Safety Index | 69.26 |
| Traffic CO₂ Index | 4596.94 |
| Traffic Inefficiency Index | 117.15 |
| Rent Index | 18.37 |
| Health Care Index | 56.55 |
| Groceries Index | 49.32 |
| Pollution Index | 59.30 |
| Traffic Commute Time Index | 24.38 |
| Restaurant Price Index | 48.62 |
| Climate Index | 86.01 |
| Cost of Living Index | 49.31 |
| Quality of Life Index | 156.19 |
| Traffic Index | 107.94 |
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| Parameters | Nicosia |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | $ 12.33 |
| Meal for 2 People, Mid-range Restaurant, Three-course | $ 64.31 |
| McMeal at McDonalds (or Equivalent Combo Meal) | $ 7.50 |
| Domestic Beer (0.5 liter draught) | $ 4.29 |
| Imported Beer (0.33 liter bottle) | $ 5.36 |
| Coke/Pepsi (0.33 liter bottle) | $ 1.47 |
| Water (0.33 liter bottle) | $ 0.73 |
| Cappuccino (regular) | $ 3.48 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.95 |
| Loaf of Fresh White Bread (500g) | $ 1.85 |
| Eggs (regular) (12) | $ 3.68 |
| Local Cheese (1kg) | $ 13.07 |
| Water (1.5 liter bottle) | $ 0.86 |
| Bottle of Wine (Mid-Range) | $ 8.57 |
| Domestic Beer (0.5 liter bottle) | $ 1.64 |
| Imported Beer (0.33 liter bottle) | $ 2.98 |
| Cigarettes 20 Pack (Marlboro) | $ 5.36 |
| Apples (1kg) | $ 2.65 |
| Chicken Fillets (1kg) | $ 8.75 |
| Oranges (1kg) | $ 1.80 |
| Potato (1kg) | $ 1.20 |
| Lettuce (1 head) | $ 0.52 |
| Rice (white), (1kg) | $ 2.42 |
| Tomato (1kg) | $ 2.58 |
| Banana (1kg) | $ 1.95 |
| Onion (1kg) | $ 1.32 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 12.48 |
| Transportation | |
| One-way Ticket (Local Transport) | $ 2.57 |
| Monthly Pass (Regular Price) | $ 53.59 |
| Gasoline (1 liter) | $ 1.49 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | $ 28 348.13 |
| Taxi Start (Normal Tariff) | $ 3.75 |
| Taxi 1km (Normal Tariff) | $ 1.34 |
| Taxi 1hour Waiting (Normal Tariff) | $ 53.59 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | $ 29 312.72 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 200.74 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 29.63 |
| $ 22.90 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 1 584.14 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.93 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 65.50 |
| Tennis Court Rent (1 Hour on Weekend) | $ 24.11 |
| Cinema, International Release, 1 Seat | $ 10.72 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | $ 81.72 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 35.90 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 79.71 |
| 1 Pair of Men Leather Business Shoes | $ 101.82 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 423.35 |
| International Primary School, Yearly for 1 Child | $ 7 161.35 |
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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Nicosia
Land
669 m²
- m²
- sq. ft
$ 684 645
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