547m² Land in Limassol, Cyprus No. 45226

2
547m² Land in Limassol, Cyprus No. 45226
ID45226 $ 1 508 580
45226

Property description

This unique commercial plot of 547m2 is located in an ideal position for the development of a state-of-the-art office building. Situated in the meridian between East and West Limassol and a high-demand commercial avenue leading to the city centre. It has quick and easy access to the highway a rectangular shape and even surface.

It constitutes an ideal opportunity for the development of a modern office building.

The plot now hosts a commercial building that was built in 1980 with the following measurements:

1. Ground Floor Shop with Mezzanine and Auxiliary Space: 333m2

2. Flat 1: 76m2 (2-bedroom)

3. Flat 2: 114m2 (3-bedroom)

4. Flat 3: 114m2 (3-bedroom)

Total: 637m2

All flats and shops are currently rented with a monthly rent of €5300 (no statutory tenants apply)

The commercial plot falls into the commercial zone Εβ4 with the following development characteristics:

* Plot Area: 547m2

* Density: 140%

* Buildable area: 766m2

The property is not subject to VAT. Price is negotiable.

Contact us for a viewing.

Reference number: 1046
Share: No
Density: 140
Coverage: 50
Land type: Plot
Plot area: 547 m2
Plot Type: Commercial
Planning zone: Εβ4
Online viewing: Νο
Square meter price: €2.651 /m2:
Limassol - Statistics
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ParametersLimassol
Rent Per Month
Apartment (1 bedroom) in City Centre$ 1 440.59
Apartment (1 bedroom) Outside of Centre$ 1 119.42
Apartment (3 bedrooms) in City Centre$ 2 489.79
Apartment (3 bedrooms) Outside of Centre$ 1 927.77
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre$ 4 976.15
Price per Square Meter to Buy Apartment Outside of Centre$ 4 292.75
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ParametersLimassol
Crime Index39.11
Cost of Living and Rent Index44.56
Purchasing Power Index105.96
Property Price to Income Ratio9.28
Safety Index60.89
Traffic CO₂ Index3692.24
Traffic Inefficiency Index100.97
Rent Index33.15
Health Care Index51.26
Groceries Index48.75
Pollution Index59.72
Traffic Commute Time Index21.38
Restaurant Price Index59.11
Climate Index95.74
Cost of Living Index53.72
Quality of Life Index160.09
Traffic Index96.82
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ParametersLimassol
Restaurants
Meal, Inexpensive Restaurant$ 20.61
Meal for 2 People, Mid-range Restaurant, Three-course$ 72.12
McMeal at McDonalds (or Equivalent Combo Meal)$ 8.24
Domestic Beer (0.5 liter draught)$ 4.12
Imported Beer (0.33 liter bottle)$ 5.15
Coke/Pepsi (0.33 liter bottle)$ 2.22
Water (0.33 liter bottle) $ 0.94
Cappuccino (regular)$ 3.92
Markets
Milk (regular), (1 liter)$ 1.81
Loaf of Fresh White Bread (500g)$ 2.06
Eggs (regular) (12)$ 3.87
Local Cheese (1kg)$ 12.51
Water (1.5 liter bottle)$ 1.01
Bottle of Wine (Mid-Range)$ 7.21
Domestic Beer (0.5 liter bottle)$ 1.65
Imported Beer (0.33 liter bottle)$ 2.79
Cigarettes 20 Pack (Marlboro)$ 5.15
Apples (1kg)$ 2.69
Chicken Fillets (1kg)$ 8.44
Oranges (1kg)$ 2.07
Potato (1kg)$ 1.41
Lettuce (1 head)$ 1.10
Rice (white), (1kg)$ 2.75
Tomato (1kg)$ 3.15
Banana (1kg)$ 1.99
Onion (1kg)$ 1.44
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$ 12.85
Transportation
One-way Ticket (Local Transport)$ 2.06
Monthly Pass (Regular Price)$ 41.21
Gasoline (1 liter)$ 1.46
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)$ 24 726.23
Taxi Start (Normal Tariff)$ 6.18
Taxi 1km (Normal Tariff)$ 1.44
Taxi 1hour Waiting (Normal Tariff)$ 30.91
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)$ 27 178.25
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment$ 190.16
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)$ 33.73
$ 22.22
Salaries And Financing
Average Monthly Net Salary (After Tax)$ 2 496.03
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate4.41
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult$ 76.91
Tennis Court Rent (1 Hour on Weekend)$ 29.28
Cinema, International Release, 1 Seat$ 10.30
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)$ 88.97
1 Summer Dress in a Chain Store (Zara, H&M, ...)$ 53.09
1 Pair of Nike Running Shoes (Mid-Range)$ 103.46
1 Pair of Men Leather Business Shoes$ 129.41
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child$ 530.39
International Primary School, Yearly for 1 Child$ 8 565.87
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 space547 m²
  • sq. ft
Price
  • Price
  • per m²
$ 1 508 580