536m² Land in Limassol, Cyprus No. 64767
ID64767
$ 3 174 899
Property description
Prime LAND Investment Opportunity in Limassol City Center - €3 MillionA rare opportunity to acquire one of the last available plots of land in the heart of Limassol! This exclusive property offers 3-road access and is strategically located near all shops, restaurants, and just a short walk to the beach.
Key Highlights:
Ready to Build: All licenses have been issued, allowing immediate construction.
Approved Plans: Paid Architectural studies, sketches, and full building plans are in place.
Licenses for Development: Approved for the construction of 20 studios and 1-bedroom apartments.
Optional Mini Hotel License: Investors can apply for a hotel license to maximize returns.
Parking Paid: All parking fees have been covered with the municipality.
This is a unique investment opportunity for serious investors looking to develop a residential or hospitality project in one of Limassol's most sought-after locations.
Contact us today for more details and to arrange a viewing.
Share: No
Land type: Plot
Plot area: 536 m2
Plot Type: Residential
Online viewing: Νο
Square meter price: €5.597 /m2:
Limassol - Statistics
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| Parameters | Limassol |
|---|---|
| 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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| Parameters | Limassol |
|---|---|
| Crime Index | 38.54 |
| Cost of Living and Rent Index | 47.13 |
| Purchasing Power Index | 98.57 |
| Property Price to Income Ratio | 9.58 |
| Safety Index | 61.46 |
| Traffic CO₂ Index | 3692.24 |
| Traffic Inefficiency Index | 100.97 |
| Rent Index | 35.96 |
| Health Care Index | 51.26 |
| Groceries Index | 52.05 |
| Pollution Index | 58.82 |
| Traffic Commute Time Index | 21.38 |
| Restaurant Price Index | 63.78 |
| Climate Index | 95.74 |
| Cost of Living Index | 56.11 |
| Quality of Life Index | 157.48 |
| Traffic Index | 96.82 |
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| Parameters | Limassol |
|---|---|
| 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-Rate | 4.41 |
| 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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Limassol
Land
536 m²
- m²
- sq. ft
$ 3 174 899
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