Unique refurbishment project with licence in Palma

Amenities and special features of this house

Type: House • Region: Palma • Construction year: 1890 • Total surface: 1,700 ㎡ • Terraces: 1 • Living space: 1,211 ㎡ • Parking: 2 • Elevator • Swimmingpool • Heating: • Fire type: • Floor type:

This building with a licensed project for eleven flats is in an excellent Old Town location in a quiet area, close to the Plaza Mayor and just a few steps from the Mercado Olivar. The emblematic setting provides the perfect surrounding for an exceptional residential project. The building has already been completely gutted and the building licence is in place, so construction work can begin practically immediately. An exclusive real estate project that, once completed, will offer the perfect symbiosis of contemporary design, Mediterranean light, and the rich history of Mallorca. Immerse yourself in the fascinating past of this 18th century Mallorcan townhouse with both medieval and Islamic roots, just waiting to be brought back to life. The historical significance of this site can be traced back to the 11th century and now you have an extraordinary opportunity to have a say in the future of this fascinating property. The total constructed area will be 1703,26 sqm of which 1211,04 sqm will be the total area of the residential units. There will also be a garage with two parking spaces with a total area of 35,20 sqm. The total area of the business premises will be 59,03 sqm and 23,69 sqm are planned for the storage rooms. Two sun terraces and the pool on the roof underline the rarity value of this approved project. Please find attached the corresponding plans with detailed information on the dimensions and feel free to contact us for further details on this prime investment opportunity in a central Old Town location.

Energy Information

Year of construction: 1890

Commission details

Availability upon agreement

Engel & Völkers recommends having a qualified specialist check the legal situation of the construction. All material is based upon information, which Engel & Völkers considers reliable, but because third parties have supplied it, Engel & Völkes cannot represent that it is accurate or complete, and it should not be relied upon as such. This offering is subject to errors, omissions, and change of price or withdrawal without notice. Availability upon agreement. Taxes, notary and register fees must be paid by the purchaser, the commission for the estate agency must be paid by the seller as stipulated in the sales mandate.