524m² Land in Limassol, Cyprus No. 72455

524m² Land in Limassol, Cyprus No. 72455
ID72455 $ 875 330
72455

Property description

Presenting a 524 m2 residential plot in the rapidly growing area of Agios Ioannis, Limassol. This plot comes with building permits for a four-floor building comprising six two-bedroom apartments and one three-bedroom penthouse with a private swimming pool. Ideally situated, it offers walking distance to the beach, just 5 minutes from the city center, and 10 minutes from the highway, with essential amenities like schools, shops, and banks nearby.

With a 140% building density and 50% coverage, the plot provides excellent potential for a modern residential project.
Its smooth surface and registered road access make it a prime opportunity for developers and investors seeking to create quality homes in an up-and-coming location.

Buildings Specifications:

- Total Covered Areas: 649m2

- Total Covered Verandas: 168m2

- Total Uncovered Verandas: 80m2

- Roof Garden: 58m2

- Common Areas: 84m2

Total Areas: 817m2

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Reference number: 1742
Share: No
Density: 140
Coverage: 50
Land type: Plot
Plot area: 524 m2
Plot Type: Residential
Planning zone: Κα3
Online viewing: Νο
Square meter price: €1.622 /m2:
Limassol - Statistics
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ParametersLimassol
Rent Per Month
Apartment (1 bedroom) in City Centre$ 1 438.18
Apartment (1 bedroom) Outside of Centre$ 1 129.39
Apartment (3 bedrooms) in City Centre$ 2 500.53
Apartment (3 bedrooms) Outside of Centre$ 1 939.91
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre$ 4 968.07
Price per Square Meter to Buy Apartment Outside of Centre$ 4 285.78
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ParametersLimassol
Crime Index38.54
Cost of Living and Rent Index44.85
Purchasing Power Index105.41
Property Price to Income Ratio9.24
Safety Index61.46
Traffic CO₂ Index3692.24
Traffic Inefficiency Index100.97
Rent Index33.87
Health Care Index51.26
Groceries Index48.65
Pollution Index59.72
Traffic Commute Time Index21.38
Restaurant Price Index59.77
Climate Index95.74
Cost of Living Index53.51
Quality of Life Index160.21
Traffic Index96.82
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ParametersLimassol
Restaurants
Meal, Inexpensive Restaurant$ 20.57
Meal for 2 People, Mid-range Restaurant, Three-course$ 72.00
McMeal at McDonalds (or Equivalent Combo Meal)$ 8.23
Domestic Beer (0.5 liter draught)$ 4.11
Imported Beer (0.33 liter bottle)$ 5.14
Coke/Pepsi (0.33 liter bottle)$ 2.23
Water (0.33 liter bottle) $ 0.94
Cappuccino (regular)$ 3.91
Markets
Milk (regular), (1 liter)$ 1.81
Loaf of Fresh White Bread (500g)$ 2.06
Eggs (regular) (12)$ 3.86
Local Cheese (1kg)$ 12.49
Water (1.5 liter bottle)$ 1.04
Bottle of Wine (Mid-Range)$ 7.20
Domestic Beer (0.5 liter bottle)$ 1.61
Imported Beer (0.33 liter bottle)$ 2.68
Cigarettes 20 Pack (Marlboro)$ 5.14
Apples (1kg)$ 2.69
Chicken Fillets (1kg)$ 8.42
Oranges (1kg)$ 2.06
Potato (1kg)$ 1.41
Lettuce (1 head)$ 1.10
Rice (white), (1kg)$ 2.74
Tomato (1kg)$ 3.15
Banana (1kg)$ 1.99
Onion (1kg)$ 1.43
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$ 12.83
Transportation
One-way Ticket (Local Transport)$ 2.06
Monthly Pass (Regular Price)$ 41.14
Gasoline (1 liter)$ 1.45
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)$ 24 686.08
Taxi Start (Normal Tariff)$ 6.17
Taxi 1km (Normal Tariff)$ 1.44
Taxi 1hour Waiting (Normal Tariff)$ 30.86
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)$ 27 134.11
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment$ 189.21
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)$ 33.99
$ 22.35
Salaries And Financing
Average Monthly Net Salary (After Tax)$ 2 502.89
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate4.46
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult$ 75.15
Tennis Court Rent (1 Hour on Weekend)$ 29.23
Cinema, International Release, 1 Seat$ 10.29
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)$ 87.27
1 Summer Dress in a Chain Store (Zara, H&M, ...)$ 53.00
1 Pair of Nike Running Shoes (Mid-Range)$ 102.07
1 Pair of Men Leather Business Shoes$ 128.63
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child$ 529.53
International Primary School, Yearly for 1 Child$ 8 551.96
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 space524 m²
  • sq. ft
Price
  • Price
  • per m²
$ 875 330