The asset is a commercial plot of 784 sqm located in Trypiotis area, of Nicosia District. It has an irregular shape wıth flat surface and has access to all utility services. The property is adjacent to Themistokli Dervi Avenue, c. 400 m from Arch. Makariou Avenue and c. 700 m from Nicosia's historical Center. It falls under the commercial planning zone ΠΕΖ that allows for commercial development, with 250% density, 70% coverage, The immediate area is characterised by many high/medium quality commercial developments and few vacant plots. The plot is not subject to VAT.