Villa in Palma, for sale

New Build Project with Pool and a Traditional House in Son Espanyolet

In one of Palma’s most sought-after and rapidly appreciating neighbourhoods, this unique opportunity combines residential living, investment potential and long-term asset growth within a single property.

The property sits on an urban plot of approximately 279 m² and currently comprises a traditional Mallorcan house together with a project for the construction of a second fully independent detached home with a private swimming pool.

The existing house, built in 1940, offers approximately 98 m² of built area and retains the authentic character of the traditional homes that define Son Espanyolet. It is currently rented under a long-term protected tenancy agreement, generating a monthly income of €400 and providing immediate returns while the new project is developed.

The sale also includes a project for a contemporary two-storey detached house with approximately 102 m² of built area and 77 m² of usable space. The design focuses on natural light, functionality and seamless indoor-outdoor living, featuring an open-plan living and dining area with integrated kitchen, two bedrooms, a full bathroom and a private swimming pool.

One of the most attractive aspects of this opportunity is its future potential. The property currently forms a single cadastral unit containing both the existing house and the plot designated for the new construction. Once the building permit, which has already been applied for, is granted, both properties may become legally independent units with separate cadastral references.

This creates an excellent opportunity for buyers wishing to build a new home in a prime location while retaining a second property as an investment, family residence or long-term asset.

A rare opportunity in Son Espanyolet, one of Palma’s most desirable residential districts, known for its proximity to the city centre, charming atmosphere and limited availability of development opportunities.

The images and renderings shown are for illustrative purposes only and do not necessarily represent the final construction. Their purpose is to help visualize the project’s potential.

For more information contact 616 66 70 70 or 623 537 826.

Details

• Type: Villa
• Transaction: For sale
• Province: Baleares
• Town: Palma
• Bedrooms: 2
• Bathrooms: 1
• Living area: 95 m²
• Constructed area: 98 m²
• Plot size: 279 m²
• Type of property: Re-sale
• Energy certification (consumo): E
• Energy certification (emisiones): E

Extras

• Exterior: Yes
• Built Year: 1940

New Build Project with Pool and a Traditional House in Son Espanyolet

In one of Palma’s most sought-after and rapidly appreciating neighbourhoods, this unique opportunity combines residential living, investment potential and long-term asset growth within a single property.

The property sits on an urban plot of approximately 279 m² and currently comprises a traditional Mallorcan house together with a project for the construction of a second fully independent detached home with a private swimming pool.

The existing house, built in 1940, offers approximately 98 m² of built area and retains the authentic character of the traditional homes that define Son Espanyolet. It is currently rented under a long-term protected tenancy agreement, generating a monthly income of €400 and providing immediate returns while the new project is developed.

The sale also includes a project for a contemporary two-storey detached house with approximately 102 m² of built area and 77 m² of usable space. The design focuses on natural light, functionality and seamless indoor-outdoor living, featuring an open-plan living and dining area with integrated kitchen, two bedrooms, a full bathroom and a private swimming pool.

One of the most attractive aspects of this opportunity is its future potential. The property currently forms a single cadastral unit containing both the existing house and the plot designated for the new construction. Once the building permit, which has already been applied for, is granted, both properties may become legally independent units with separate cadastral references.

This creates an excellent opportunity for buyers wishing to build a new home in a prime location while retaining a second property as an investment, family residence or long-term asset.

A rare opportunity in Son Espanyolet, one of Palma’s most desirable residential districts, known for its proximity to the city centre, charming atmosphere and limited availability of development opportunities.

The images and renderings shown are for illustrative purposes only and do not necessarily represent the final construction. Their purpose is to help visualize the project’s potential.

For more information contact 616 66 70 70 or 623 537 826.