This property in need of renovation is located between La Lonja and Santa Catalina, just a few minutes away from the seafront promenade and Es Baluard, the museum of Modern art. The townhouse has a total surface of 778 sqm, which includes a basement area, a ground floor, three more levels and a 47 sqm rooftop terrace. From the terrace, one can enjoy open views to the port of Palma and as far as the mountains. There is lots of potential here: The basement area could be turned into a spa, a garage could be built on the ground level as well as one to two apartments on each floor and a penthouse with roof terrace on the upper level. Undoubtedly a great opportunity to obtain a property in Palma's beautiful Old Town, and to turn it into a dream house with terrace! A building license has not yet been obtained.