The property is a mixed-use building known as "Elenios Stoa" in Trypiotis quarter, Nicosia Municipality. It is located on the pedestrian-only streets of Ledras and Onasagorou, 100m from the revamped Eleftherias Square.

The building has a covered area of 1,322sqm and consists of 7 shops on the ground floor that have been unified to 3 (one is rented as a souvenir shop), 21 apartments (13 studios, 6 two-bedroom and 2 three-bedroom) and a roof garden of 366sqm. The building has also a basement with an area of 224sqm. It is built within a land area of 366sqm.

An investment opportunity for a city boutique hotel on the most lively part of the old city, or student accommodation subject to town planning permits.