High Potential Property – Great Impression

€ 890.000

This property in the charming Establiments neighborhood of Palma offers breathtaking panoramic views of the bay and Tramuntana mountain range. With a large plot of around 2,000 m2 and 900 m2 of built space, there is plenty of room to build and customize to your liking. The quiet street location is conveniently situated in the lower part of Establiments with easy access to Palma and all amenities on foot. The Mediterranean atmosphere of the surrounding urban plot is enhanced by mature fruit trees. The property features two entrances, a water well, and electricity. According to current urban regulations, the plot can be divided into three plots, with minimum 400 m2 each and 40% occupancy on the ground floor plus one height. This presents a unique opportunity to build up to three single-family homes or rehabilitate an existing Majorcan house. Don't miss your chance to invest in this highly sought-after area with an irresistible combination of charm and convenience.