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thinkSPAIN Logo Properties

Townhouse for sale in Pere Garau, Palma de Mallorca, Mallorca

  • € 449,000
  • 150 m2
  • 3
  • 2
  • 191 m2
Properties

€ 449,000

Ref. 10021580

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  • 3 bedroom Townhouse for sale in Palma de Mallorca - € 449,000 (Ref: 10021580)
  • 3 bedroom Townhouse for sale in Palma de Mallorca - € 449,000 (Ref: 10021580)
  • 3 bedroom Townhouse for sale in Palma de Mallorca - € 449,000 (Ref: 10021580)
  • 3 bedroom Townhouse for sale in Palma de Mallorca - € 449,000 (Ref: 10021580)
  • 3 bedroom Townhouse for sale in Palma de Mallorca - € 449,000 (Ref: 10021580)
  • 3 bedroom Townhouse for sale in Palma de Mallorca - € 449,000 (Ref: 10021580)
  • 3 bedroom Townhouse for sale in Palma de Mallorca - € 449,000 (Ref: 10021580)
1/7

€ 449,000

Townhouse for sale in Pere Garau, Palma de Mallorca, Mallorca

  • 150 m2
  • 3
  • 2
  • 191 m2

Description

A unique townhouse project with building permit in Pere Garau, Palma

The images are renderings.

Located in the Pere Garau neighborhood, in Palma, an increasingly sought-after area, this property offers a unique opportunity to acquire a townhouse project, with an approved architectural design and the building permit already granted.

The urban planning processing has been completed, allowing the future owner to move forward with construction without the delays and uncertainties that typically come with obtaining the building permit.

The approved plans provide for a townhouse with an exquisite design, with a built-up area of approximately 150 m², three bedrooms, and generous private outdoor areas. It includes about 88 m² of outdoor space, a garden of around 53 m², and a private 10 m² swimming pool—an uncommon combination in a central location in Palma.

The purchase includes:
- The existing home and plot
- Fully developed and approved architectural project
- Building permit already granted
- Immediate opportunity to start construction
- Existing project team available to support the execution, if needed

The project has been prepared by a well-established team made up of architects, a site supervisor, and a civil engineer. Special attention has been given to sustainability, energy efficiency, and long-term construction quality. The proposed design incorporates enhanced insulation, photovoltaic technology, and the thoughtful reuse of existing materials.

The current professional team may also continue to be involved after the purchase, if the buyer wishes.

Additional development potential

Beyond the already approved townhouse housing project, the property may also offer the opportunity to explore an alternative for a multifamily residential development. Therefore, investors or developers could consider acquiring the plot and developing a different architectural concept, as long as the urban planning requirements are met and the necessary approvals are obtained.

A flexible investment in the center of Palma

This is more than just the acquisition of a conventional buildable plot. The property offers the opportunity to take over a project that is already developed and has a permit, which significantly reduces urban planning risk and allows the buyer to focus on bringing the proposed residence to life.

Thanks to its central location, the approved townhouse design, the private outdoor areas, the swimming pool, and the potential for an alternative development strategy, the property offers an attractive combination of urban planning security, flexibility, and long-term potential in Palma.

Location

Pere Garau, Palma de Mallorca, Mallorca Location provided by the Advertiser

Features

  • Townhouse
  • Bedrooms: 3
  • Bathrooms: 2
  • Build Size: 150 m2
  • Plot: 191 m2
  • Private Garden
  • Terrace/Balcony
  • Energy Efficiency Rating: In Progress

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€ 1,425 per month*

+ € 37,620 taxes (€ 35,920) & expenses (€ 1,700)*

*Please note that the results are only a guide and not a mortgage offer or quote.

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  7. 3 bedroom Townhouse for sale in Pere Garau, Palma de Mallorca - € 449,000 (Ref: 10021580)
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