The asset is a field under division in Latsia, Nicosia. It is located approx. 1.5km north-east of the Nicosia Hospital and approx. 500m south of Pen Hill residential area. The field has a regular shape, an even surface and an area of 6.166sqm. The division of plots (a total of 8 out of which 1 has a registered SPA) is at an advanced stage. The wider area is residential with individual modern residences and residential blocks while it is in proximity to major infrastructure such as the Nicosia General Hospital and the Cyprus Mall.