5764m² Land in Strovolos, Cyprus No. 71067

5764m² Land in Strovolos, Cyprus No. 71067
ID71067 $ 11 719 128
71067

Property description

Reference ID: #SA33087Price details: €11,380,000This commercial field is located on Strovolos Municipality and has tremendous commercial development potential.The subject area is mainly characterised by shops, restaurants, schools, banks, gym, supermarkets and almost every type of service.The property has added planning incentives which further add to the allowable building density.The property enjoys a corner position.At the moment, on the property there is a building complex, consisting of showrooms, offices and a garage., which it is considered economically obsolete, after taking into consideration the large development potential.Key Advantages:* Strategic Location: a bustling commercial hub, ensuring high visibility and traffic.* Three-Road Frontage: Exceptional accessibility from all directions, ideal for businesses seeking maximum exposure.

Reference number: SA33087
Density: 160%
Coverage: 50%
Land type: Plot
Plot area: 5764 m2
Plot Type: Commercial
Square meter price: €1.974 /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 space5764 m²
  • sq. ft
Price
  • Price
  • per m²
$ 11 719 128