1620m² Land in Paphos, Cyprus No. 66678

1620m² Land in Paphos, Cyprus No. 66678
ID66678 $ 952 470
66678

Property description

Thecommercial land, extending to about 1,620sqm in total.

The asset is located in Anavargos, approximately 300mwestof the Paphos General Hospital and aprox. 1km of the motorway. Paphos' city centre can be reached within a 5-minute drive.

Theasset falls within Zone Eβ (96%) and Ka5(4%), with a building coefficient of 100%(+35% incentives for selected roads and large single development), coverage of 50%, and permission for 3 floors (13.5m) of construction.

The immediate area of the property is predominantly residential and commercial and consists of houses, apartment buildings and offices. In addition, the vicinity of the property offers an abundance of services and amenities such as supermarkets, schools, shops, bakeries etc.

Within the plot there is currently an existing house with total covered area of 220m2 and adjoining a shop of 50m2 covered area including the relevant paperwork and certificate of completion.

Access to the land is via a registered public road which is facing the northwest side of the property with a frontage of approx.
34m. Τhe property adjoins a green area.

The asset has an elevation difference from the southwest side, giving it spectacular views towards Paphos town and the distant sea line, also offering beautiful mountain views to the northeast side of the property.

Reference number: DP-CY15095/DRE_4544
Land type: Plot
Plot area: 1620 m2
Plot Type: Commercial
Square meter price: €556 /m2:
Paphos - Statistics
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ParametersPaphos
Rent Per Month
Apartment (1 bedroom) in City Centre$ 957.01
Apartment (1 bedroom) Outside of Centre$ 768.16
Apartment (3 bedrooms) in City Centre$ 1 838.64
Apartment (3 bedrooms) Outside of Centre$ 1 500.59
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre$ 3 240.98
Price per Square Meter to Buy Apartment Outside of Centre$ 2 075.64
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ParametersPaphos
Crime Index31.94
Cost of Living and Rent Index39.50
Purchasing Power Index86.05
Property Price to Income Ratio7.41
Safety Index68.06
Traffic CO₂ Index3990.00
Traffic Inefficiency Index108.55
Rent Index24.38
Health Care Index70.76
Groceries Index53.20
Pollution Index31.54
Traffic Commute Time Index19.38
Restaurant Price Index52.27
Climate Index96.66
Cost of Living Index51.66
Quality of Life Index185.69
Traffic Index97.36
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ParametersPaphos
Restaurants
Meal, Inexpensive Restaurant$ 16.08
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)$ 3.22
Imported Beer (0.33 liter bottle)$ 3.48
Coke/Pepsi (0.33 liter bottle)$ 2.12
Water (0.33 liter bottle) $ 1.08
Cappuccino (regular)$ 3.55
Markets
Milk (regular), (1 liter)$ 1.58
Loaf of Fresh White Bread (500g)$ 1.61
Eggs (regular) (12)$ 4.32
Local Cheese (1kg)$ 17.28
Water (1.5 liter bottle)$ 1.05
Bottle of Wine (Mid-Range)$ 7.23
Domestic Beer (0.5 liter bottle)$ 1.66
Imported Beer (0.33 liter bottle)$ 2.43
Cigarettes 20 Pack (Marlboro)$ 5.36
Apples (1kg)$ 2.61
Chicken Fillets (1kg)$ 8.57
Oranges (1kg)$ 2.41
Potato (1kg)$ 1.25
Lettuce (1 head)$ 0.93
Rice (white), (1kg)$ 2.07
Tomato (1kg)$ 3.23
Banana (1kg)$ 1.52
Onion (1kg)$ 1.03
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$ 14.34
Transportation
One-way Ticket (Local Transport)$ 2.14
Monthly Pass (Regular Price)$ 53.59
Gasoline (1 liter)$ 1.51
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)$ 23 848.67
Taxi Start (Normal Tariff)$ 8.04
Taxi 1km (Normal Tariff)$ 2.04
Taxi 1hour Waiting (Normal Tariff)$ 21.44
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)$ 33 048.72
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment$ 172.81
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)$ 36.58
$ 22.62
Salaries And Financing
Average Monthly Net Salary (After Tax)$ 1 794.87
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate4.01
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult$ 60.48
Tennis Court Rent (1 Hour on Weekend)$ 20.10
Cinema, International Release, 1 Seat$ 10.72
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)$ 97.81
1 Summer Dress in a Chain Store (Zara, H&M, ...)$ 64.31
1 Pair of Nike Running Shoes (Mid-Range)$ 117.64
1 Pair of Men Leather Business Shoes$ 104.49
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child$ 395.91
International Primary School, Yearly for 1 Child$ 7 261.79
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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CityPaphos
TypeLand
Living space1620 m²
  • sq. ft
Price
  • Price
  • per m²
$ 952 470