231920m² Land in Strovolos, Cyprus No. 43962

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231920m² Land in Strovolos, Cyprus No. 43962
ID43962 $ 6 487 742
43962

Property description

The property is a residential field, part of a large mixed-use land in Strovolos. The residential field has an area of 12,820sqm and constitutes 5.8% of the whole asset. It is located at a prime location at the entrance of Nicosia, next to the Olympic House and Park Headquarters. It is situated just a few meters away from the Electricity Authority Headquarters and 150m from Hellenic Bank's Headquarters.

The asset has a frontage of 390m on three public roads/avenues. The asset provides great proximity to Nicosia centre and the highway connecting Nicosia to Larnaca/Limassol. Stavrou and Athalassas Avenues are just 5 mins away offering access to all amenities and services. The asset has recently acquired a division planning permit for 15 plots.

The wider area of the asset is commercial and residential neighbouring some of the most well-known institutional headquarters.

There is a distribution agreement in place between the co-owners. A permit for land division/ road construction has been issued for the property.


The property is owned by Sailoma Properties Ltd , an SPV, wholly owned by Gordian Holdings Ltd.

Reference number: 5470
Density: 100
Coverage: 50
Land type: Plot
Plot area: 231920 m2
Plot Type: Residential
Parcel number: 2320
Planning zone: residential
Square meter price: €27 /m2:
Strovolos - Statistics
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ParametersStrovolos
Rent Per Month
Apartment (1 bedroom) in City Centre$ 615.39
Apartment (1 bedroom) Outside of Centre$ 512.83
Apartment (3 bedrooms) in City Centre$ 948.73
Apartment (3 bedrooms) Outside of Centre$ 871.80
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre$ 2 051.30
Price per Square Meter to Buy Apartment Outside of Centre$ 2 051.30
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ParametersStrovolos
Crime Index43.38
Rent Index14.25
Restaurant Price Index54.74
Pollution Index68.10
Safety Index56.62
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ParametersStrovolos
Restaurants
Meal, Inexpensive Restaurant$ 15.38
Meal for 2 People, Mid-range Restaurant, Three-course$ 61.54
McMeal at McDonalds (or Equivalent Combo Meal)$ 7.44
Domestic Beer (0.5 liter draught)$ 3.59
Imported Beer (0.33 liter bottle)$ 5.13
Coke/Pepsi (0.33 liter bottle)$ 2.05
Water (0.33 liter bottle) $ 0.77
Cappuccino (regular)$ 3.38
Markets
Milk (regular), (1 liter)$ 1.51
Loaf of Fresh White Bread (500g)$ 1.54
Eggs (regular) (12)$ 3.69
Local Cheese (1kg)$ 11.40
Water (1.5 liter bottle)$ 0.88
Bottle of Wine (Mid-Range)$ 6.67
Domestic Beer (0.5 liter bottle)$ 1.69
Imported Beer (0.33 liter bottle)$ 2.10
Cigarettes 20 Pack (Marlboro)$ 5.13
Apples (1kg)$ 2.55
Chicken Fillets (1kg)$ 8.00
Oranges (1kg)$ 1.74
Potato (1kg)$ 1.18
Lettuce (1 head)$ 0.61
Rice (white), (1kg)$ 2.12
Tomato (1kg)$ 2.77
Banana (1kg)$ 1.55
Onion (1kg)$ 0.99
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$ 11.76
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment$ 180.75
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)$ 28.48
$ 20.83
Salaries And Financing
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate4.01
Transportation
Gasoline (1 liter)$ 1.44
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)$ 22 820.72
Taxi Start (Normal Tariff)$ 4.36
Taxi 1km (Normal Tariff)$ 1.54
Taxi 1hour Waiting (Normal Tariff)$ 18.87
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)$ 27 907.95
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult$ 51.28
Tennis Court Rent (1 Hour on Weekend)$ 20.51
Cinema, International Release, 1 Seat$ 10.26
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)$ 80.34
1 Summer Dress in a Chain Store (Zara, H&M, ...)$ 43.96
1 Pair of Nike Running Shoes (Mid-Range)$ 75.28
1 Pair of Men Leather Business Shoes$ 87.18
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child$ 394.88
International Primary School, Yearly for 1 Child$ 6 806.60
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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CityStrovolos
TypeLand
Living space231920 m²
  • sq. ft
Price
  • Price
  • per m²
$ 6 487 742