The property is a commercial plot in Agios Antonios. Within the plot there is an obsolete house. It is located in the center of Nicosia, in Alkaiou Street, which is a side street between Stasinou and Pindarou.

The plot abuts on a public asphalt road with a total road frontage of 28m. It has a land area of 773sqm.

The property has the potential to be developed into a mixed-use building including residential apartments and retail units on the ground floor.

The property can benefit from increased building coefficient through the incentives of the Zone EZ-k (Local plan of Nicosia Municipality – Town and Spatial Planning Law 90/70).

The property holds a premium position in a recently developed area. It is surrounded by business offices, fine restaurants, coffee shops, a clinic, pharmacy and many other services. It is ideal for the development of an office building.