Engel & Völkers ID : C-945 | Spain, Mallorca, Palma, Palma Oldtown

OFF-MARKET OPPORTUNITY | SET OF 4 COMMERCIAL PLOTS IN THE PALMA AREA

Price

On Request

Plot size

2,400 ㎡

Services and special features

Exclusive Investment with Significant Development Potential Engel & Völkers Commercial is confidentially marketing a portfolio of four urban properties in strategically advantageous locations in the Palma de Mallorca area, with excellent transportation links and access to the island’s main transportation corridors. This is a particularly attractive opportunity for developers, real estate investors, and operators in the healthcare, education, and retail sectors, as well as for companies looking to develop their own projects in a high-growth region. --Key Features: · A complex of 4 urban lots available for sale either together or individually. · Area of approximately 2,400 m² per lot. · The purchase price is 400€/m². · Maximum building density: 1.00 m²t/m²s. · Maximum floor area ratio: 50%. · Possibility to construct buildings with up to two stories and a maximum height of 12 meters. · Plots with an excellent location for new construction projects. · Permitted land uses The current zoning plan allows for a wide range of uses, including: · Commercial. · Social facilities. · Health centers and clinics. · Education and training centers. · Offices and services. · Workshops and related activities. · Other public and tertiary uses provided for by urban planning regulations. · An opportunity for diverse projects. The urban planning characteristics of these properties allow for the development of projects for the following purposes: · Medical practices or specialty centers. · Senior living facilities or nursing homes. · Educational institutions, tutoring centers, or preschools. · Commercial spaces and showrooms. · Corporate headquarters or company offices. · Service centers and mixed-use projects that are compatible with urban planning guidelines. Detailed information regarding the location, urban planning documents, and financial terms will be provided exclusively to qualified investors and operators after they have signed a non-disclosure agreement (NDA) and demonstrated their interest. A unique opportunity to develop a valuable project in one of the most dynamic areas of the greater Palma region.

Type of property

Land

Plot size

2,400 ㎡

Palma Oldtown: Location and surroundings of this property

Engel & Völkers Mallorca Commercial

Mallorca Commercial
Avda. Gabriel Roca, 6 | 07014 Palma | Spain
Engel Mallorca Invest S.L.

Registry number GOIBE728083/2024

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