The asset is a residential development known as 'Alexandria Court' which comprises of 30 houses in Frenaros, Famagusta. The houses are of two types, 24 detached and 6 semi detached with total enclosed areas of 3,660sqm and a total of 60sqm covered verandas. Each house is two-storey and consist of a living room, a dining room, a kitchen, a small storage room and a guest toilet/wc on the ground floor, and three bedrooms and a bathroom/wc on the floor. The parcel is located at "Vrisi" area approx. 6min drive from the central core of the village. The houses have northeast orientation with a total road frontage of approx. 300 meters. The immediate area of the asset comprises of residential properties and undeveloped land.