398m² Land in Larnaca, Cyprus No. 72966

398m² Land in Larnaca, Cyprus No. 72966
ID72966 $ 1 081 920
72966

Property description

Plot for Sale with Architectural Plans for a Hotel in the Heart of Larnaca City Centre. The best location, within walking distance to the beautiful beach of Phoinikoudes and the Marina. Within walking distance to Larnaca Centre shops, restaurants, coffee shops and other entertainment facilities. Easy access to amenities such as school, bakery, pharmacies etc. Only 7 minutes away from Makenzy. Larnaca International Airport is just 9-minutes away.

Plot with architectural plans for a Boutique Hotel for sale in Larnaca Centre. The asset comprises three adjacent plots for sale as a unit and corresponds to an area of 398 sq. m with 180% building density, 70% land coverage and permit for construction of a three storey residential building in zone Πα6. It benefits due to its location with the advantage of having architectural plans for a three storey Boutique Hotel offering 20 rooms, reception, lobby, meeting and conference room, lunch/dining area and a beautiful roof top with swimming pool.


This property considered as the best opportunity to invest in the heart of Larnaka!

Title Deeds Available.

Reference number: 49382
Share: No
Density: 180
Coverage: 70
Land type: Plot
Plot area: 398 m2
Plot Type: Residential
Planning zone: Πα6
Online viewing: Νο
Square meter price: €2.638 /m2:
Larnaca - Statistics
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ParametersLarnaca
Rent Per Month
Apartment (1 bedroom) in City Centre$ 905.95
Apartment (1 bedroom) Outside of Centre$ 680.45
Apartment (3 bedrooms) in City Centre$ 1 470.88
Apartment (3 bedrooms) Outside of Centre$ 1 168.30
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre$ 3 050.79
Price per Square Meter to Buy Apartment Outside of Centre$ 2 244.38
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ParametersLarnaca
Crime Index29.52
Cost of Living and Rent Index35.03
Purchasing Power Index75.28
Property Price to Income Ratio9.48
Safety Index70.48
Traffic CO₂ Index9343.25
Traffic Inefficiency Index326.58
Rent Index20.42
Health Care Index58.82
Groceries Index45.74
Pollution Index51.91
Traffic Commute Time Index35.75
Restaurant Price Index42.95
Climate Index94.95
Cost of Living Index46.54
Quality of Life Index153.91
Traffic Index176.41
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ParametersLarnaca
Restaurants
Meal, Inexpensive Restaurant$ 12.34
Meal for 2 People, Mid-range Restaurant, Three-course$ 51.43
McMeal at McDonalds (or Equivalent Combo Meal)$ 7.20
Domestic Beer (0.5 liter draught)$ 3.09
Imported Beer (0.33 liter bottle)$ 4.63
Coke/Pepsi (0.33 liter bottle)$ 1.51
Water (0.33 liter bottle) $ 0.85
Cappuccino (regular)$ 3.39
Markets
Milk (regular), (1 liter)$ 1.46
Loaf of Fresh White Bread (500g)$ 1.82
Eggs (regular) (12)$ 3.38
Local Cheese (1kg)$ 13.54
Water (1.5 liter bottle)$ 0.75
Bottle of Wine (Mid-Range)$ 7.19
Domestic Beer (0.5 liter bottle)$ 1.55
Imported Beer (0.33 liter bottle)$ 2.35
Cigarettes 20 Pack (Marlboro)$ 5.14
Apples (1kg)$ 2.69
Chicken Fillets (1kg)$ 8.31
Oranges (1kg)$ 1.97
Potato (1kg)$ 1.37
Lettuce (1 head)$ 0.63
Rice (white), (1kg)$ 2.81
Tomato (1kg)$ 2.54
Banana (1kg)$ 1.74
Onion (1kg)$ 1.26
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$ 11.97
Transportation
One-way Ticket (Local Transport)$ 2.47
Monthly Pass (Regular Price)$ 51.43
Gasoline (1 liter)$ 1.44
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)$ 24 171.78
Taxi Start (Normal Tariff)$ 6.69
Taxi 1km (Normal Tariff)$ 2.06
Taxi 1hour Waiting (Normal Tariff)$ 25.71
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)$ 29 314.71
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment$ 159.62
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)$ 32.00
$ 19.88
Salaries And Financing
Average Monthly Net Salary (After Tax)$ 1 395.91
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate3.74
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult$ 63.43
Tennis Court Rent (1 Hour on Weekend)$ 34.29
Cinema, International Release, 1 Seat$ 10.29
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)$ 66.86
1 Summer Dress in a Chain Store (Zara, H&M, ...)$ 28.80
1 Pair of Nike Running Shoes (Mid-Range)$ 78.43
1 Pair of Men Leather Business Shoes$ 97.72
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child$ 377.15
International Primary School, Yearly for 1 Child$ 10 971.59
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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CityLarnaca
TypeLand
Living space398 m²
  • sq. ft
Price
  • Price
  • per m²
$ 1 081 920