An outstanding opportunity to acquire a 524 sq.m. residential corner plot with planning license for a 4-storey building. Located in a prime area just a 5-minute drive from Limassol Marina, Old Town, City of Dreams, and Lady’s Mile Beach, this property boasts excellent connectivity to main roads and essential amenities such as schools and bus stops. The location combines convenience with the tranquility of a central yet quiet neighborhood, making it ideal for residential development. Approved Project Details: Ground Floor: - Covered parking area. 1st Floor: - A two-bedroom apartment (90 sq.m. interior + 20 sq.m. covered veranda), both bedrooms with ensuite showers. - A three-bedroom apartment (105 sq.m. interior + 23 sq.m. covered veranda). Two bedrooms have ensuite showers, while the guestroom shares a family bathroom. 2nd Floor: - A two-bedroom apartment (90 sq.m. interior + 19 sq.m. covered veranda), both bedrooms with ensuite showers. - A three-bedroom apartment (105 sq.m. interior + 23 sq.m. covered veranda). Two bedrooms have ensuite showers, while the guestroom shares a family bathroom. 3rd Floor: - A two-bedroom apartment (90 sq.m. interior + 18 sq.m. covered veranda), both bedrooms with ensuite showers. - A three-bedroom apartment (105 sq.m. interior + 23 sq.m. covered veranda). Two bedrooms have ensuite showers, while the guestroom shares a family bathroom. 4th Floor (Penthouse): 4th floor: - A luxurious three-bedroom penthouse (133 sq.m. interior) with a private pool, a covered veranda (35 sq.m.), an uncovered veranda (52 sq.m.), and a spacious roof terrace (58 sq.m.). The master bedroom features an ensuite shower, while a family bathroom serves the two other bedrooms. Additionally, there is a guest toilet. This property is exempt from VAT and transfer fees.