The asset is a residential plot of 614 sqm located in Agios Nicolaos, Lakatamia Municipality of Nicosia District. It has a rectangular shape with flat surface and has access to all utility services.
The property is adjacent to Aliakmonos Street on its Eastern boundary, c. 900 m from Lakatamia's Municipal Swimming Pool and 3 minutes drive from Alphamega Supermarket and Lidl. It falls under the residential planning zone Κα6 that allows for residential development, with 90% density, 50% coverage, over 10 m height and 2 floors.
The immediate area is characterised by many high/medium quality residential developments and many vacant residential plots.