633m² Land in Nicosia, Cyprus No. 74256

633m² Land in Nicosia, Cyprus No. 74256
ID74256 $ 623 392
74256

Property description

633 m2 Commercial plot in a central location in Panagia Quarter in Nicosia Municipality, at a very short distance of the 'Athienitis' supermarket and Larnakos Avenue.

It is ideally situated close to a plethora of amenities and services such as supermarkets, shops, schools etc. In addition, the property enjoys excellent accessibility to the Nicosia city centre.

The plot has a rectangular shape and a level surface with a total frontage of 24 meters.

It is noted that the plot falls within the commercial zone EZ-α which allows the construction of an eight-storey building.


In addition, it can also benefit from numerous planning incentives such as a substantial increase in the allowable building density, as it is within the area covered by the Nicosia City Centre Local Plan.

Zone: EΖ-α

Area: 633 m2

Building coefficient: 200%

Coverage: 60%

Floors: 8

Height: 30 m

Frontage: 24 m

Reference number: 62595
Share: No
Density: 200
Coverage: 60
Land type: Plot
Plot area: 633 m2
Plot Type: Residential
Planning zone: EZ-α
Online viewing: Νο
Square meter price: €956 /m2:
Nicosia - Statistics
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ParametersNicosia
Rent Per Month
Apartment (1 bedroom) in City Centre$ 672.91
Apartment (1 bedroom) Outside of Centre$ 553.51
Apartment (3 bedrooms) in City Centre$ 1 314.78
Apartment (3 bedrooms) Outside of Centre$ 1 052.59
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre$ 2 661.47
Price per Square Meter to Buy Apartment Outside of Centre$ 1 954.31
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ParametersNicosia
Crime Index30.96
Cost of Living and Rent Index33.97
Purchasing Power Index84.27
Property Price to Income Ratio7.62
Safety Index69.04
Traffic CO₂ Index4596.94
Traffic Inefficiency Index117.15
Rent Index17.37
Health Care Index56.55
Groceries Index45.18
Pollution Index59.30
Traffic Commute Time Index24.38
Restaurant Price Index45.20
Climate Index86.01
Cost of Living Index47.05
Quality of Life Index155.48
Traffic Index107.94
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ParametersNicosia
Restaurants
Meal, Inexpensive Restaurant$ 11.31
Meal for 2 People, Mid-range Restaurant, Three-course$ 61.72
McMeal at McDonalds (or Equivalent Combo Meal)$ 7.59
Domestic Beer (0.5 liter draught)$ 4.11
Imported Beer (0.33 liter bottle)$ 5.14
Coke/Pepsi (0.33 liter bottle)$ 1.40
Water (0.33 liter bottle) $ 0.66
Cappuccino (regular)$ 3.37
Markets
Milk (regular), (1 liter)$ 1.80
Loaf of Fresh White Bread (500g)$ 1.70
Eggs (regular) (12)$ 3.70
Local Cheese (1kg)$ 11.43
Water (1.5 liter bottle)$ 0.88
Bottle of Wine (Mid-Range)$ 8.23
Domestic Beer (0.5 liter bottle)$ 1.70
Imported Beer (0.33 liter bottle)$ 2.82
Cigarettes 20 Pack (Marlboro)$ 5.14
Apples (1kg)$ 2.61
Chicken Fillets (1kg)$ 8.40
Oranges (1kg)$ 1.75
Potato (1kg)$ 1.18
Lettuce (1 head)$ 0.62
Rice (white), (1kg)$ 2.52
Tomato (1kg)$ 2.78
Banana (1kg)$ 1.85
Onion (1kg)$ 1.26
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$ 11.79
Transportation
One-way Ticket (Local Transport)$ 2.47
Monthly Pass (Regular Price)$ 51.43
Gasoline (1 liter)$ 1.43
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)$ 26 743.25
Taxi Start (Normal Tariff)$ 4.37
Taxi 1km (Normal Tariff)$ 1.54
Taxi 1hour Waiting (Normal Tariff)$ 51.43
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)$ 27 987.84
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment$ 187.12
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)$ 28.56
$ 20.89
Salaries And Financing
Average Monthly Net Salary (After Tax)$ 1 515.30
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate4.53
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult$ 64.72
Tennis Court Rent (1 Hour on Weekend)$ 29.14
Cinema, International Release, 1 Seat$ 10.29
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)$ 80.57
1 Summer Dress in a Chain Store (Zara, H&M, ...)$ 44.08
1 Pair of Nike Running Shoes (Mid-Range)$ 75.50
1 Pair of Men Leather Business Shoes$ 100.93
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child$ 410.29
International Primary School, Yearly for 1 Child$ 6 826.09
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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CityNicosia
TypeLand
Living space633 m²
  • sq. ft
Price
  • Price
  • per m²
$ 623 392