FINCA

Investment Opportunity: Massive 1 Million m² Plot in Between Paguera and Es Capdella

€ 15.000.000

This 17th century Mallorcan property in the southwest of the island presents a unique opportunity with vast potential. Situated between Paguera and Es Capdella in Calvia, the estate boasts an enormous land size of 124 ha. The existing construction spans 3,964 m² and can be expanded to 5,341 m² through further development. Remarkable historical features such as the central courtyard, oil press, stables, and stone cistern have been excellently preserved. The roof has also recently undergone replacement, complete with new beams and insulation. With its spaciousness, location, and numerous possibilities for usage, the property serves as a promising investment opportunity. Notably, impressive sea views can be appreciated from the estate, which is situated to span nearly from Es Capdella to Paguera. The western location of the property provides it with close proximity to Palma-Andratx road, Paguera's local amenities, and sea access. Potential usages include conversion into a 5* hotel, a hunting area, agroturism, or winemaking. Some parts of the land are protected as natural reserves, although sea views are still visible from certain points of the property. Monument preservation dictates that the outer walls must remain intact, but facade expansions and a potential 1000 m² built-up area extension to 5000 m² are feasible based on considerations of usage. Appropriate permits must naturally be obtained. The estate is located within Calvia's jurisdiction, with borders extending north to Puigpunyent and Estellencs, eastward to Palma, and west to Andratx.