Large historic 17th century property in the Old Town with great renovation potential.

Investment summary: Perfect investment opportunity in Mallorca. Historic building with licence to develop ten luxury apartments with parking and terraces. Great central old town location

Building for sale in Palma old town, Mallorca.
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Historic 17th century building for complete renovation in the heart of Palma´s Old Town, near Palma´s Cathedral. With over 2.000 sqm of build surface, two patios, and roof terrace with views to the bay of Palma. Has a project with license to develope ten luxury appartments with garage and terraces.

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Features

-Historic 17th century building

-Over 2000sqm of build surface

-Great sea views

-Licence to develop ten luxury apartments

Location and surroundings

Old Town, Palma de Mallorca is the heart of the village and the most exclusive area of Palma.

Stunning views of the sea, with Parc del Mar and the marina only 5 minutes downhill walk.

Close to the Santa Catalina and El Olivar food markets used by some of the townships great chefs. Immersed amongst high quality restaurants, boutique shops and exquisite cafes.

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