Prime Real Estate Investment: Palma Old Town Opportunity

An exclusive opportunity presents itself to acquire one of the few remaining complete buildings in Palma’s historic old town, situated close to Plaza Santa Eulalia. The property has undergone significant restoration, including structural work and facade improvements, and is poised for transformation into a luxury apartment building or grand townhouse.

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.

This is a unique investment or end-buyer opportunity in a highly sought-after location.