Land in Paralimni, Ammochostos, Cyprus No. 35081
38
ID35081
€ 900 000
- EUR €
- USD $
- RUB ₽
- GBP £
- TRY ₺
Property description
An investment opportunity at one of the most desirable locations of the whole island!This nice shaped plot of land sized at 3742 m² is adjacent to an asphalt road and is located just a few hundred meters away from lovely sandy bays (some are blue flag awarded) and just 600 meters from numerous amenities, including shops, supermarkets, bars, tavernas and restaurants open all year round.
The plot is within Τ1στ2 Zone with Building Density at 30% with 25% Coverage, 2 floors allowed up to 10 meters for Residential Developments. According to legislation the investor could apply to buy an extra 6% building density.
The municipal new zoning also allows the following additional options:
Development of a hotel - Building Density at 50% with 25% Coverage, 3 floors allowed up to 13.5 meters.
Development of holiday resort, villas, apartments - Building Density at 40% with 25% Coverage, 2 floors allowed up to 10 meters.
Conveniently situated in Kapparis touristic area, this plot is ideal for both permanent residency as well as holidays.
Due to elevation any development will benefit from amazing sea views especially on upper floors and roof gardens.This is an ideal property to construct between 6-8 detached luxury villas.
Kapparis Area
The area includes some awarded sandy bays, exceptional fine dining, great amenities and is increasing in popularity due to its diverse nature.
Kapparis resort connects with an amazing coastal promenade that stretches for more than 4 kilometers, connecting with the area of Pernera along to the famous Fig Tree Bay beach as well as the fishing shelter of Agios Nikolaos, the new World Class Marina and several blue flag sandy bays and amenities.
It offers the visitors the possibility to explore more of the area and at the same time discover a treasure of wonderful beaches. It is ideal for walking or jogging as you enjoy the sunset over the blue waters of the Mediterranean.
Just 5 minutes' from Paralimni town center and the highway and 10 minutes' drive to Protaras Center, Kapparis resort keeps upgrading with the main road network offering parking spaces on both sides (parallel parking), attractive new pavements, green lanes on both sides, a bike path on the right side of the road, pedestrian crossings and bus stops.
Paralimni - Statistics
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| Parameters | Paralimni |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | € 533.33 |
| Apartment (1 bedroom) Outside of Centre | € 466.67 |
| Apartment (3 bedrooms) in City Centre | € 1 033.33 |
| Apartment (3 bedrooms) Outside of Centre | € 1 033.33 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | € 2 500.00 |
| Price per Square Meter to Buy Apartment Outside of Centre | € 3 000.00 |
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| Parameters | Paralimni |
|---|---|
| Crime Index | 32.97 |
| Rent Index | 15.32 |
| Restaurant Price Index | 51.42 |
| Property Price to Income Ratio | 11.46 |
| Climate Index | 94.49 |
| Safety Index | 67.03 |
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| Parameters | Paralimni |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | € 15.00 |
| Meal for 2 People, Mid-range Restaurant, Three-course | € 42.50 |
| McMeal at McDonalds (or Equivalent Combo Meal) | € 7.00 |
| Domestic Beer (0.5 liter draught) | € 3.00 |
| Imported Beer (0.33 liter bottle) | € 3.25 |
| Coke/Pepsi (0.33 liter bottle) | € 1.98 |
| Water (0.33 liter bottle) | € 1.01 |
| Cappuccino (regular) | € 3.31 |
| Markets | |
| Milk (regular), (1 liter) | € 1.47 |
| Loaf of Fresh White Bread (500g) | € 1.00 |
| Eggs (regular) (12) | € 4.03 |
| Local Cheese (1kg) | € 16.00 |
| Water (1.5 liter bottle) | € 0.98 |
| Bottle of Wine (Mid-Range) | € 6.75 |
| Domestic Beer (0.5 liter bottle) | € 1.55 |
| Imported Beer (0.33 liter bottle) | € 2.26 |
| Cigarettes 20 Pack (Marlboro) | € 4.80 |
| Apples (1kg) | € 2.44 |
| Chicken Fillets (1kg) | € 8.00 |
| Oranges (1kg) | € 2.25 |
| Potato (1kg) | € 1.17 |
| Lettuce (1 head) | € 0.87 |
| Rice (white), (1kg) | € 1.93 |
| Tomato (1kg) | € 2.80 |
| Banana (1kg) | € 1.42 |
| Onion (1kg) | € 0.96 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | € 13.38 |
| Transportation | |
| One-way Ticket (Local Transport) | € 2.00 |
| Monthly Pass (Regular Price) | € 40.00 |
| Gasoline (1 liter) | € 1.36 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | € 22 250.00 |
| Taxi Start (Normal Tariff) | € 7.50 |
| Taxi 1km (Normal Tariff) | € 1.90 |
| Taxi 1hour Waiting (Normal Tariff) | € 20.00 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | € 30 833.33 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | € 138.00 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | € 34.13 |
| € 20.00 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | € 1 200.00 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.88 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | € 60.00 |
| Cinema, International Release, 1 Seat | € 10.00 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | € 91.25 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | € 60.00 |
| 1 Pair of Nike Running Shoes (Mid-Range) | € 70.00 |
| 1 Pair of Men Leather Business Shoes | € 97.49 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | € 385.00 |
| International Primary School, Yearly for 1 Child | € 6 000.00 |
Data are provided by Numbeo.com and are based on its users survey. Emirates.estate can not guarantee the validity of these data.
Contact the seller
CityParalimni
TypeLand
Land area3742 m²
- m²
- sq. ft
Price
- Price
- per m²
€ 900 000
- EUR €
- USD $
- RUB ₽
- GBP £
- TRY ₺
Offer your price
From January 13, 2014 the VAT rate in Cyprus is 19%. However, buyers can purchase a new property with a reduced VAT rate of 5% under the following conditions:
- The purchase is made by an individual, not a legal entity.
- The buyer is not going to rent out the acquired property.
- This will be a primary residence in Cyprus for the buyer, and they do not have any other property in Cyprus acquired with the reduced VAT rate within the last 10 years.