633m² Land for sale in Nicosia, Cyprus by Bezino Trading Ltd No. 84573

Property description

Commercial plot in a lively and central location in Panagia Quarter in Nicosia Municipality, at a distance of 200 meters (approx.) northwest of the 'Athienitis' supermarket and 175 meters (approx.) north of Larnakos avenue.The property 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 center.The plot has a rectangular shape and a level surface. It abuts onto Markou Drakou Avenue along its eastern boundary with a total frontage of 24 meters (approx.). Within the property there is a single-storey building that bares no economical value.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.

Reference number: WW25141
Land type: Plot
Plot area: 633 m2
Plot Type: Commercial
Square meter price: €956 /m2:

Parameters	Nicosia
Rent Per Month
Apartment (1 bedroom) in City Centre	$ 759.28
Apartment (1 bedroom) Outside of Centre	$ 625.48
Apartment (3 bedrooms) in City Centre	$ 1 526.18
Apartment (3 bedrooms) Outside of Centre	$ 1 266.60
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre	$ 2 942.61
Price per Square Meter to Buy Apartment Outside of Centre	$ 2 246.05

Parameters	Nicosia
Crime Index	31.46
Cost of Living and Rent Index	39.49
Purchasing Power Index	84.35
Property Price to Income Ratio	7.78
Safety Index	68.54
Traffic CO₂ Index	4578.85
Traffic Inefficiency Index	158.61
Rent Index	20.60
Health Care Index	55.58
Groceries Index	51.41
Pollution Index	60.34
Traffic Commute Time Index	27.27
Restaurant Price Index	52.75
Climate Index	86.01
Cost of Living Index	54.17
Quality of Life Index	151.86
Traffic Index	113.58

Parameters	Nicosia
Restaurants
Meal, Inexpensive Restaurant	$ 15.35
Meal for 2 People, Mid-range Restaurant, Three-course	$ 71.08
McMeal at McDonalds (or Equivalent Combo Meal)	$ 8.53
Domestic Beer (0.5 liter draught)	$ 4.55
Imported Beer (0.33 liter bottle)	$ 5.69
Coke/Pepsi (0.33 liter bottle)	$ 1.52
Water (0.33 liter bottle)	$ 0.76
Cappuccino (regular)	$ 3.73
Markets
Milk (regular), (1 liter)	$ 1.92
Loaf of Fresh White Bread (500g)	$ 1.98
Eggs (regular) (12)	$ 4.26
Local Cheese (1kg)	$ 12.81
Water (1.5 liter bottle)	$ 0.98
Bottle of Wine (Mid-Range)	$ 7.96
Domestic Beer (0.5 liter bottle)	$ 1.93
Imported Beer (0.33 liter bottle)	$ 3.05
Cigarettes 20 Pack (Marlboro)	$ 5.69
Apples (1kg)	$ 2.93
Chicken Fillets (1kg)	$ 9.21
Oranges (1kg)	$ 2.15
Potato (1kg)	$ 1.42
Lettuce (1 head)	$ 0.77
Rice (white), (1kg)	$ 2.84
Tomato (1kg)	$ 3.01
Banana (1kg)	$ 2.03
Onion (1kg)	$ 1.48
Beef Round (1kg) (or Equivalent Back Leg Red Meat)	$ 12.96
Transportation
One-way Ticket (Local Transport)	$ 2.73
Monthly Pass (Regular Price)	$ 56.86
Gasoline (1 liter)	$ 1.58
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	$ 29 593.86
Taxi Start (Normal Tariff)	$ 4.83
Taxi 1km (Normal Tariff)	$ 1.98
Taxi 1hour Waiting (Normal Tariff)	$ 51.18
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	$ 31 473.15
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment	$ 227.45
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	$ 36.59
	$ 21.77
Salaries And Financing
Average Monthly Net Salary (After Tax)	$ 1 668.18
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.80
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult	$ 72.21
Tennis Court Rent (1 Hour on Weekend)	$ 36.96
Cinema, International Release, 1 Seat	$ 11.37
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)	$ 89.08
1 Summer Dress in a Chain Store (Zara, H&M, ...)	$ 56.05
1 Pair of Nike Running Shoes (Mid-Range)	$ 89.59
1 Pair of Men Leather Business Shoes	$ 127.53
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	$ 466.27
International Primary School, Yearly for 1 Child	$ 7 959.41

633m² Land in Nicosia, Cyprus No. 84573

Property description