1575m² Land in Limassol, Cyprus No. 73787

1575m² Land in Limassol, Cyprus No. 73787
ID73787 $ 1 545 600
73787

Property description

This is a 1,575 sqm touristic zone land for sale located in the sought-after area of Potamos Germasogeias, Limassol. The property includes:

Features:

Main Plot with House:

Land area: 1,575 sqm.

Zoning: Touristic.

Building density: 60% (potential to develop up to 945 sqm of covered space).

Coverage factor: 25% (maximum footprint of 393.75 sqm).

Maximum height: 13.6 meters.

Number of floors allowed: 3.


Separate Green Area:

Located across the road from the main plot, providing added privacy or recreational opportunities.

Development Potential:

The zoning allows for touristic developments, such as boutique hotels, apartments, or other holiday accommodations.

Alternatively, the land can be used for private luxury residences or mixed-use projects, capitalizing on its prime location in one of Limassol's most desirable areas.

This property is a fantastic investment opportunity for those seeking to develop or expand in a high-demand, touristic hub close to the beach and amenities.

Reference number: 9823
Land type: Plot
Plot area: 1575 m2
Plot Type: Tourist
Square meter price: €952 /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 space1575 m²
  • sq. ft
Price
  • Price
  • per m²
$ 1 545 600