Land in Paralimni, Ammochostos, Cyprus No. 35791
2
ID35791
€ 595 000
- EUR €
- USD $
- RUB ₽
- GBP £
- TRY ₺
Property description
An investment opportunity in one of the most desirable locations near Protaras.This nice shaped plot of land sized at 2800 m² is located within walking distance to lovely blue flag sandy bays and all year round amenities, including shops, supermarkets, bars, tavernas and restaurants.
The plot is within Τ1στ2 Zone and is ideal for the following options:
- Residential development - Building Density at 30% with 25% Coverage, 2 floors allowed up to 10 meters.
- Development of holiday resort, villas, apartments - Building Density at 40% with 25% Coverage, 2 floors allowed up to 10 meters.
According to legislation the investor could apply to buy an extra 6% building density.
Conveniently situated in Ayia Triada touristic area, in a very quiet location, this plot is ideal for both permanent residency as well as holidays. Highly recommended for viewing.
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 area2800 m²
- m²
- sq. ft
Price
- Price
- per m²
€ 595 000
- 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.