Apartment for sale in Can Pastilla, Palma de Mallorca, Mallorca

This versatile commercial property offers an attractive investment opportunity with a preliminary project already in place to convert it into a combination of residential and commercial space.

The plan is to create an approx. 90 m² apartment on the first floor, the interior layout of which can be flexibly and individually designed within the approved area - ideal for implementing modern living concepts such as open floor plans or tailor-made room solutions.

The property is complemented by generous commercial space on the first floor and in the entire basement with a total of over 200 m², which offers a wide range of possible uses - whether as retail space, offices, studios or a combination of working and letting.

Two small terraces in the entrance area and rear courtyard provide additional outdoor space and enhance the property both functionally and visually.

The project has already received positive feedback from the building authority and the final approval is currently being finalized. Following the conversion, the residential unit will be classified as a Vivienda de Precio Limitado (VPL). This means that certain legal conditions apply to the residential space, while the commercial space remains unaffected and can be used and marketed freely.

Overall, this is a rare opportunity to transform a property with development potential into a modern, combined residential and commercial property - ideal for investors or owner-occupiers with foresight.