997m² Land in Nicosia, Cyprus No. 76105
ID76105
$ 3 913 999
Property description
This property is a prime mixed-use plot spanning 997 square meters, located in the heart of Nicosia City Center, just outside the historic Venetian walls.Situated within the Core Commercial Development Zone (ΠΕΖ), it offers exceptional potential for a development that combines commercial and residential spaces.
With a high building density of 250% and a coverage ratio of 70%, the plot provides ample opportunity for creating a versatile project, whether for offices, retail spaces, apartments, or a combination of uses.
Its strategic location ensures easy access to key amenities, cultural landmarks, and business hubs, making it an ideal investment for developers aiming to design a modern, functional space in Nicosias vibrant core.
Reference number: DP-CY15659/DRE_8386
Land type: Plot
Plot area: 997 m2
Plot Type: Residential
Square meter price: €3.811 /m2:
Nicosia - Statistics
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| Parameters | Nicosia |
|---|---|
| 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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| Parameters | Nicosia |
|---|---|
| Crime Index | 30.96 |
| Cost of Living and Rent Index | 33.97 |
| Purchasing Power Index | 84.27 |
| Property Price to Income Ratio | 7.62 |
| Safety Index | 69.04 |
| Traffic CO₂ Index | 4596.94 |
| Traffic Inefficiency Index | 117.15 |
| Rent Index | 17.37 |
| Health Care Index | 56.55 |
| Groceries Index | 45.18 |
| Pollution Index | 59.30 |
| Traffic Commute Time Index | 24.38 |
| Restaurant Price Index | 45.20 |
| Climate Index | 86.01 |
| Cost of Living Index | 47.05 |
| Quality of Life Index | 155.48 |
| Traffic Index | 107.94 |
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| Parameters | Nicosia |
|---|---|
| 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-Rate | 4.53 |
| 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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Nicosia
Land
997 m²
- m²
- sq. ft
$ 3 913 999
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