The property is a parcel of land (place) in Agios Antonios, Nicosia, located approximately 240m northeast of OXI roundabout. The plot has a land area of 232sqm and benefits from a frontage of 16m along Praxandrou Street. The immediate area of the property is within the old city walls of Nicosia comprising of listed buildings of residential and commercial use and is the traditional commercial center of Nicosia. The asset falls within residential planning zone Kα-α, with building density coefficient of 140%, coverage coefficient 70%, in 2 floors and a maximum height of 8m height.