3680m² Land in Limassol, Cyprus No. 64310

3680m² Land in Limassol, Cyprus No. 64310
ID64310 $ 1 579 950
64310

Property description

Reference ID: #SA33940Price details: €1,500,000These adjacent fields, situated in the Agia Fyla area of Limassol Municipality, Limassol district, offer a prime opportunity for residential development. With a combined total area of 3680 square meters, both plots boast a rectangular shape and feature a flat surface, making them ideal for construction.Located within a well-established residential neighborhood consisting of detached houses and apartment buildings, the immediate surroundings ensure a desirable living environment. Moreover, the property benefits from access to all essential utility services, including water, electricity, and telecommunication infrastructure.Zoned as residential planning zone Κα6, these fields present significant development potential. With a building density of 90%, a coverage allowance of 50%, and permission for up to 3 floors, developers have ample scope to create housing solutions that cater to the needs of the community. Additionally, the maximum building height of 13.
5 meters offers flexibility in architectural design while maintaining harmonious integration with the surrounding landscape.For investors seeking to capitalize on the demand for residential properties in Limassol, these fields represent a lucrative opportunity for development and expansion within a thriving urban area.

Reference number: SA33940
Density: 90%
Coverage: 50%
Land type: Field
Plot area: 3680 m2
Plot Type: Residential
Square meter price: €408 /m2:
Limassol - Statistics
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ParametersLimassol
Rent Per Month
Apartment (1 bedroom) in City Centre$ 1 535.58
Apartment (1 bedroom) Outside of Centre$ 1 196.09
Apartment (3 bedrooms) in City Centre$ 2 661.55
Apartment (3 bedrooms) Outside of Centre$ 2 078.03
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre$ 4 939.04
Price per Square Meter to Buy Apartment Outside of Centre$ 4 465.68
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ParametersLimassol
Crime Index38.54
Cost of Living and Rent Index47.13
Purchasing Power Index98.57
Property Price to Income Ratio9.58
Safety Index61.46
Traffic CO₂ Index3692.24
Traffic Inefficiency Index100.97
Rent Index35.96
Health Care Index51.26
Groceries Index52.05
Pollution Index58.82
Traffic Commute Time Index21.38
Restaurant Price Index63.78
Climate Index95.74
Cost of Living Index56.11
Quality of Life Index157.48
Traffic Index96.82
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ParametersLimassol
Restaurants
Meal, Inexpensive Restaurant$ 21.44
Meal for 2 People, Mid-range Restaurant, Three-course$ 75.02
McMeal at McDonalds (or Equivalent Combo Meal)$ 8.57
Domestic Beer (0.5 liter draught)$ 4.29
Imported Beer (0.33 liter bottle)$ 5.36
Coke/Pepsi (0.33 liter bottle)$ 2.42
Water (0.33 liter bottle) $ 0.96
Cappuccino (regular)$ 3.94
Markets
Milk (regular), (1 liter)$ 1.91
Loaf of Fresh White Bread (500g)$ 2.17
Eggs (regular) (12)$ 4.16
Local Cheese (1kg)$ 12.89
Water (1.5 liter bottle)$ 1.00
Bottle of Wine (Mid-Range)$ 7.50
Domestic Beer (0.5 liter bottle)$ 1.53
Imported Beer (0.33 liter bottle)$ 2.56
Cigarettes 20 Pack (Marlboro)$ 5.36
Apples (1kg)$ 2.65
Chicken Fillets (1kg)$ 9.06
Oranges (1kg)$ 1.98
Potato (1kg)$ 1.38
Lettuce (1 head)$ 1.14
Rice (white), (1kg)$ 2.71
Tomato (1kg)$ 3.12
Banana (1kg)$ 2.03
Onion (1kg)$ 1.51
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$ 12.83
Transportation
One-way Ticket (Local Transport)$ 2.14
Monthly Pass (Regular Price)$ 42.87
Gasoline (1 liter)$ 1.52
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)$ 25 722.31
Taxi Start (Normal Tariff)$ 6.43
Taxi 1km (Normal Tariff)$ 1.50
Taxi 1hour Waiting (Normal Tariff)$ 32.15
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)$ 28 273.11
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment$ 208.36
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)$ 34.47
$ 22.00
Salaries And Financing
Average Monthly Net Salary (After Tax)$ 2 453.36
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate4.41
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult$ 78.30
Tennis Court Rent (1 Hour on Weekend)$ 28.53
Cinema, International Release, 1 Seat$ 10.72
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)$ 93.31
1 Summer Dress in a Chain Store (Zara, H&M, ...)$ 51.21
1 Pair of Nike Running Shoes (Mid-Range)$ 103.60
1 Pair of Men Leather Business Shoes$ 134.63
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child$ 541.02
International Primary School, Yearly for 1 Child$ 8 795.05
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 space3680 m²
  • sq. ft
Price
  • Price
  • per m²
$ 1 579 950