Buildings in Palma, for sale

Residential Development Opportunity in Palma – 7 Apartments

Residential building for sale with potential for 7 apartments in Palma de Mallorca

Building for sale on an urban plot with B4a urban planning classification, located on one of the main urban avenues of Palma de Mallorca, within a consolidated area with high residential demand and excellent connection to the city centre.

There is currently an existing building on the plot, comprising different volumes and floors that allow either a full refurbishment or demolition and development of a new residential project. The property maintains the consolidated urban alignment of the surrounding area and offers an excellent base for the development of a contemporary multi-family residential building.

The B4a urban classification allows for party-wall construction with optimal use of buildability and the possibility to develop approximately 7 residential units distributed over several floors.

The project fits perfectly with a contemporary urban residential concept and could include:

1, 2 and 3-bedroom apartments,
penthouses with private terraces,
Mediterranean-style residences,
or a “build to rent” investment product.

The morphology of the plot allows for excellent natural light, cross ventilation and efficient apartment layouts, creating a highly attractive product for Palma’s current residential market.

Main features:

Urban plot with B4a zoning classification
Estimated potential for 7 residential units
Existing building currently constructed on the plot
Possibility for refurbishment or new development
Excellent land-to-unit ratio
Consolidated urban environment
High residential demand in the area
Excellent connection to Palma city centre
Ideal for developers and investors

A very attractive opportunity to develop a contemporary residential project in one of Palma de Mallorca’s most promising urban areas.

For more information please contact +34 623 537 826.





Disclaimer:
The images, renders, visualizations and layouts shown are for illustrative purposes only and are non-contractual. They are intended solely as a visual reference and may be subject to modifications arising from the technical, urban planning or architectural development of the project.

Details

• Type: Buildings
• Transaction: For sale
• Province: Baleares
• Town: Palma
• Living area: 400 m²
• Constructed area: 428 m²
• Plot size: 295 m²
• Type of property: Re-sale
• Energy certification (consumo): E
• Energy certification (emisiones): E

Extras

• Exterior: Yes
• Views: Mountain view
• Stories: 2
• Building condition: Good condition

Residential Development Opportunity in Palma – 7 Apartments

Residential building for sale with potential for 7 apartments in Palma de Mallorca

Building for sale on an urban plot with B4a urban planning classification, located on one of the main urban avenues of Palma de Mallorca, within a consolidated area with high residential demand and excellent connection to the city centre.

There is currently an existing building on the plot, comprising different volumes and floors that allow either a full refurbishment or demolition and development of a new residential project. The property maintains the consolidated urban alignment of the surrounding area and offers an excellent base for the development of a contemporary multi-family residential building.

The B4a urban classification allows for party-wall construction with optimal use of buildability and the possibility to develop approximately 7 residential units distributed over several floors.

The project fits perfectly with a contemporary urban residential concept and could include:

1, 2 and 3-bedroom apartments,
penthouses with private terraces,
Mediterranean-style residences,
or a “build to rent” investment product.

The morphology of the plot allows for excellent natural light, cross ventilation and efficient apartment layouts, creating a highly attractive product for Palma’s current residential market.

Main features:

Urban plot with B4a zoning classification
Estimated potential for 7 residential units
Existing building currently constructed on the plot
Possibility for refurbishment or new development
Excellent land-to-unit ratio
Consolidated urban environment
High residential demand in the area
Excellent connection to Palma city centre
Ideal for developers and investors

A very attractive opportunity to develop a contemporary residential project in one of Palma de Mallorca’s most promising urban areas.

For more information please contact +34 623 537 826.





Disclaimer:
The images, renders, visualizations and layouts shown are for illustrative purposes only and are non-contractual. They are intended solely as a visual reference and may be subject to modifications arising from the technical, urban planning or architectural development of the project.