House for sale in Palma - SPAIN 750 000 €
300 m²
5 main rooms
REF :
VPM2609014
750 000 €

Luxury Villa for sale in Palma de Mallorca, Balearic Islands

Two adjoining properties with residential projects and significant development potential in Palma
Two independent and adjoining properties are being sold together on Carrer Prunes in Palma, in an area offering interesting possibilities for residential development.
The sale combines a currently habitable property with a second property that has a basic project for the construction of two independent homes, offering different development possibilities, either individually or as a combined project, always subject to the relevant planning feasibility and administrative procedures.
PRUNES · FIRST PROPERTY
CURRENTLY HABITABLE HOME
The first property is currently habitable and in good condition. It also has a basic renovation and extension project for an approximate built area of 136.5 m².
The project provides for a functional layout and outdoor spaces designed to enjoy the Mediterranean lifestyle, including:
3 bedrooms
Dressing room
2 bathrooms
Large living-dining room with integrated kitchen
Garage
Approximately 58 m² terrace
Private swimming pool
Garden
PRUNES · SECOND PROPERTY
PROJECT FOR TWO INDEPENDENT HOMES
The second property currently consists of a building in a state of disrepair and has a basic project for the construction of two independent homes of approximately 76.5 m² each.
The project also includes different outdoor areas, terraces and swimming pools, as well as a spacious outdoor area associated with the ground-floor property, creating spaces designed to make the most of the surroundings and outdoor living.
POTENTIAL FOR JOINT DEVELOPMENT
The fact that the properties are adjoining and being sold together allows different development alternatives or a possible consolidation to be studied, always in accordance with the applicable regulations and subject to the corresponding planning feasibility and administrative procedures.
The sale includes the basic projects submitted to the Town Hall, together with the available documentation. The estimated date for the start of construction works is the first quarter of 2027, subject to obtaining the corresponding authorisations and licences.
An opportunity aimed at developers, investors or private buyers looking to develop a residential project with multiple possibilities in Palma, combining a currently habitable property with a second property planned for the development of two independent homes.
Nº AICAT: 8446

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Information on the risks to which this property is exposed is available on the Géorisques website: www.georisques.gouv.fr