Three adjoining plots with licence for 3 single-family homes in Palma

€2,850,000
  • ~845 m² Plot surface

Description

The three plots are located between Santa Catalina and Son Espanyolet in Palma de Mallorca, one of the city's fastest-growing and most sought-after residential areas, known for its excellent connectivity and wide range of services. These are three adjoining parcels, each measuring approximately 285 m², all with valid building permits for the immediate construction of luxury single-family homes with around 240 m² of built area. The planned layout for each property includes a parking area with space for two vehicles, a basement with multifunctional rooms and storage areas, a ground floor featuring common living spaces, a kitchen, a bedroom and lounge areas, a first floor with three main bedrooms each with an en-suite bathroom, and a rooftop level designed for a solarium and technical installations. Each home will also include a private patio or garden with a swimming pool, providing a high level of comfort and privacy in the heart of the city. The strategic location, strong residential demand in the area and significant potential for value appreciation make these plots an exceptional investment opportunity, particularly appealing to developers and investors seeking a high-quality project in one of Palma’s most desirable neighborhoods.
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Engel & Völkers Palma Southwest

Your advisor: Alberto Luengo

Property ID: W-047H43

Property details
  • Object type

    Site

  • Plot surface

    ~845 m²

  • Building restrictions

    None

Location: Ponent District, Palma

Son Espanyolet is a charming neighbourhood located in the heart of Palma, Mallorca’s capital. Situated to the west of the city center, it is known for its tranquil yet central location, offering a perfect blend of urban living and a relaxed atmosphere. The neighbourhood features attractive traditional houses and narrow streets, providing an authentic Mallorcan feel. It is home to a variety of cafés, small boutiques, and restaurants offering both local and international cuisine. The friendly and welcoming ambiance makes Son Espanyolet a popular spot for relaxation and leisurely activities. Notably, the nearby Parc de Son Espanyolet is a green oasis ideal for walks and recreational activities. The park offers a peaceful retreat from the city’s hustle and bustle and serves as a gathering place for residents and visitors. With excellent transport links, the city center of Palma is easily accessible, allowing visitors to enjoy the capital’s diverse cultural and culinary offerings. Son Espanyolet thus provides an ideal location for those wishing to combine urban life with a peaceful residential environment.

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Engel & Völkers Palma Southwest

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