The property is a residential plot with total area of 5.200m² in Paralimni, Famagusta at a distance of 50 meters from the nearest beach.

The plot has an irregular shape with total frontage of 60 meters with a flat surface and registered road .

The area of the subject property is considered as touristic and it encompasses detached and semidetached houses, blocks of residential developments (flats and houses), hotels as well as empty plots of lands.

The asset falls within the planning zone T5α with a 30% building density coefficient and 20% cover density coefficient in 2 floors and 8.3m height.