4335m² Land in Strovolos, Cyprus No. 76330

4335m² Land in Strovolos, Cyprus No. 76330
ID76330 $ 11 719 128
76330

Property description

This commercial plot is located on Limassol Avenue, Strovolos Municipality and has tremendous commercial development potential. Limassol Avenue has been established as one of the most commercial Avenues of Nicosia, with tremendous traffic flow during all hours of the day. The subject area is mainly characterised by shops, restaurants, schools, banks, gym, supermarkets and almost every type of service. The property has added planning incentives which further add to the allowable building density.

The Land size is 5.764 square meters.

The property enjoys a corner position, it abuts on its eastern boundary along Limassol Avenue with total frontage of 130 meters, on its northern boundary along Chrysanthou Mylonas Street with total frontage of 45 meters and on its western boundary along Charalambou Michael Street with total frontage of 120 meters.

At the moment, on the property there is a building complex, consisting of showrooms, offices and a garage., which it is considered economically obsolete, after taking into consideration the large development potential.


Key Advantages:

* Strategic Location: Situated on Limassol Avenue, a bustling commercial hub, ensuring high visibility and traffic.

* Three-Road Frontage: Exceptional accessibility from all directions, ideal for businesses seeking maximum exposure.

Asking price for the specific asset is negotiable.

*Kindly note that photos marked as 'Digital Design' are not real-life images, but have been artificially generated to help you envision the property's potential.

Reference number: 47151
Land type: Field
Plot area: 4335 m2
Plot Type: Commercial
Online viewing: Νο
Square meter price: €2.625 /m2:
Strovolos - Statistics
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ParametersStrovolos
Rent Per Month
Apartment (1 bedroom) in City Centre$ 615.39
Apartment (1 bedroom) Outside of Centre$ 512.83
Apartment (3 bedrooms) in City Centre$ 948.73
Apartment (3 bedrooms) Outside of Centre$ 871.80
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre$ 2 051.30
Price per Square Meter to Buy Apartment Outside of Centre$ 2 051.30
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ParametersStrovolos
Crime Index43.38
Rent Index14.25
Restaurant Price Index54.74
Pollution Index68.10
Safety Index56.62
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ParametersStrovolos
Restaurants
Meal, Inexpensive Restaurant$ 15.38
Meal for 2 People, Mid-range Restaurant, Three-course$ 61.54
McMeal at McDonalds (or Equivalent Combo Meal)$ 7.44
Domestic Beer (0.5 liter draught)$ 3.59
Imported Beer (0.33 liter bottle)$ 5.13
Coke/Pepsi (0.33 liter bottle)$ 2.05
Water (0.33 liter bottle) $ 0.77
Cappuccino (regular)$ 3.38
Markets
Milk (regular), (1 liter)$ 1.51
Loaf of Fresh White Bread (500g)$ 1.54
Eggs (regular) (12)$ 3.69
Local Cheese (1kg)$ 11.40
Water (1.5 liter bottle)$ 0.88
Bottle of Wine (Mid-Range)$ 6.67
Domestic Beer (0.5 liter bottle)$ 1.69
Imported Beer (0.33 liter bottle)$ 2.10
Cigarettes 20 Pack (Marlboro)$ 5.13
Apples (1kg)$ 2.55
Chicken Fillets (1kg)$ 8.00
Oranges (1kg)$ 1.74
Potato (1kg)$ 1.18
Lettuce (1 head)$ 0.61
Rice (white), (1kg)$ 2.12
Tomato (1kg)$ 2.77
Banana (1kg)$ 1.55
Onion (1kg)$ 0.99
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$ 11.76
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment$ 180.75
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)$ 28.48
$ 20.83
Salaries And Financing
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate4.01
Transportation
Gasoline (1 liter)$ 1.44
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)$ 22 820.72
Taxi Start (Normal Tariff)$ 4.36
Taxi 1km (Normal Tariff)$ 1.54
Taxi 1hour Waiting (Normal Tariff)$ 18.87
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)$ 27 907.95
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult$ 51.28
Tennis Court Rent (1 Hour on Weekend)$ 20.51
Cinema, International Release, 1 Seat$ 10.26
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)$ 80.34
1 Summer Dress in a Chain Store (Zara, H&M, ...)$ 43.96
1 Pair of Nike Running Shoes (Mid-Range)$ 75.28
1 Pair of Men Leather Business Shoes$ 87.18
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child$ 394.88
International Primary School, Yearly for 1 Child$ 6 806.60
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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CityStrovolos
TypeLand
Living space4335 m²
  • sq. ft
Price
  • Price
  • per m²
$ 11 719 128