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The property comprises of four continuous plots with total land area of 2.126 m2 and are situated within Agioi Omologites quarter in the Municipality and District of Nicosia.
The plots are located close from the Venetian Walls of Nicosia, from the Ministry of Finance and from the junction between Dimostheni Severi and Grivas Digenis Avenues.
The property abuts with a total frontage of approximately 80 meters. It also abuts along its northern boundary onto registered public street, which is a dead end, with a frontage of approximately 30 meters.
The immediate area is mainly developed with multi-storey buildings which comprise of offices, as well as residential flats. The buildings with frontage onto the busiest streets of the area are also being used as showrooms and for commercial purposes.
All plots falls within Zone ΕΖ-δ, with a building density of 200%, coverage of 60%, and permission for 8 floors (31m) of construction.
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