The asset is located at Archimandritou Makariou Machairiotou street in Larnaca and is approximately 250m southern of Spyrou Kyprianou Avenue and enjoys good accessibility to the city center and the surrounding areas of Larnaca. The property has irregular shape, smooth and flat surface. The property lies within Planning Zone Kα4 (Residential) with a maximum building ratio of 120%, coverage ratio of 50%, on 3 floors, height 13.50m2. A small part of the property (approximately 438m2) lies within Planning Zone Πα8α with a maximum building ratio of 140%, coverage ratio of 70%, on 2 floors, height 10.00m.