Building in Palma de Mallorca

Property description

Strand Properties is proud to present an exclusive opportunity to acquire one of the few remaining entire buildings in Palma's historic old town. This prime property, located near Plaza Santa Eulalia, offers a unique investment for both investors and end buyers looking to own a complete building in the city's vibrant heart.

The building has already undergone significant restoration work, including City Council controls, debris clearance, façade restoration, beam replacement, and new floor slabs. The project is now awaiting the final building license, with plans in place to create a stunning new apartment building. The proposed design includes two spacious 3-bedroom apartments on the first and second floors, as well as a luxurious duplex penthouse.

As the project is still in progress, there is flexibility for changes, allowing for customization to fit individual preferences. Additionally, the building could be transformed into a grand townhouse, making it an ideal opportunity for those seeking a prestigious residence in Palma’s old town.

This is a rare chance to invest in a prime piece of real estate in one of Mallorca's most desirable locations.