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Building for sale to renovate in the centre of Palma (Parking + ground floor + 3 floors and swimming

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In the central Plaza de los Patines, one of the most coveted areas of Palma, this 1936 building is offered for sale, a unique opportunity for investors. Just a few metres from Calle San Miguel and the Old Town, its location is unbeatable, surrounded by public buildings, shops, and areas of historical and tourist interest, making it a magnificent opportunity for investment in housing.

The building, with a modernist interior and an old stately home, is located on a 385 m² plot and has a ground floor and two upper floors, with the possibility of building a third floor and a basement for parking. The ground floor has a surface area of ​​250 m², with a maximum buildable area of ​​385 m² and space to park up to five vehicles. This floor is versatile, and can be used for parking, commercial use or housing, with a living area of ​​130 m².

The first floor, with a surface area of ​​234 m² and a constructed area of ​​133 m², includes a large terrace and a patio in the heart of the block. The second floor, with a buildable area of ​​130 m², includes a setback that allows the construction of a third floor, with panoramic views of the city.

This building, classified as an archaeological heritage site, is located in a historic area, with the façade and the main staircase protected by Heritage due to its proximity to the old defensive walls of Palma. In addition, its structure allows the construction of a swimming pool, either on the terrace of the first floor or on the ground floor.

With a project submitted to the city council, although still without a license, this property offers a unique investment opportunity in a privileged location, with a high historical value and an excellent price per square meter.

Property Features

  • Reference RED-GF0047
  • Type of Operation For sale
  • Type of property Building
  • Zone / City Bons Aires / Palma de Mallorca
  • Net Internal Area 740 m2
  • Built Surface 745 m2
  • Condition From origin
  • Year built 1936
  • Levels 4
  • Floor 1
  • Total Plot Size 392 m2
  • Exterior type Interior
  • Views To the street
  • Regime Libre
  •  Balcony
  •  Playground
  •  Terrace
  •  Elevator
  •  Own Pool
  •  Parking Included
  •  Bright

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