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Townhouse for sale in Cort, Palma de Mallorca, Mallorca

  • € 900,000
  • 371 m2
  • 8

€ 900,000 Ref. 9506351

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Ref. 9506351
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  • 8 bedroom Townhouse for sale in Palma de Mallorca - € 900,000 (Ref: 9506351)
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€ 900,000

Townhouse for sale in Cort, Palma de Mallorca, Mallorca

  • 371 m2
  • 8

Description

- Fully approved new-build project
- 8 residential units + 1 commercial unit
- Building and demolition permit granted
- Corner plot with optimal exposure & visibility
- Central, urban location in Palma de Mallorca
- Sustainable and modern construction planned
- Fully developed plot
- High demand for living space

An exceptional opportunity for investors and project developers in one of the most sought-after urban locations in Palma de Mallorca: a fully approved new-build project on an attractive corner plot in an urban, highly sought-after residential area.
The plot is fully developed and has all municipal utility connections (electricity, water, sewage, telecommunications). The building and demolition permits have already been obtained, meaning that the project can be implemented immediately without the risk of approval.
The property is currently occupied by an existing four-storey building with a living space of approx. 371 m². The plan is to construct a modern new building with a total of 8 residential units and a commercial unit on the first floor. The project impresses with its contemporary, market-oriented floor plans, sustainable construction and architecture that blends harmoniously into the urban environment.
The corner location ensures excellent lighting, high visibility and very good accessibility for residents, customers and delivery traffic. The busy location offers ideal conditions for the commercial unit and underlines the economic potential of the project.
Thanks to the high demand for residential space in central locations in Palma, the property is suitable both as a portfolio investment with long-term rental and for individual sale after completion.

The residential and commercial building is located in a prime and sought-after location in Palma de Mallorca, the fascinating capital of the beautiful Balearic island of Mallorca. The property is nestled in a lively district known for its perfect blend of urban flair and Mediterranean charm. Just a few steps away, picturesque alleyways beckon with a variety of stores, restaurants and cultural institutions that reflect the vibrant heart of this unique city.

Public transport connections are excellent, making it easy to explore the entire island. In the surrounding area you will find numerous parks and green oases that offer ideal places to relax and unwind. In addition, the proximity to the picturesque coast of Palma de Mallorca means that you can reach beautiful beaches and enjoy the crystal-clear waters of the Mediterranean in no time at all.

Thanks to its central location, residents and professionals alike benefit from an excellent infrastructure and close proximity to all the important facilities that make life in Palma de Mallorca so attractive. This property therefore offers an excellent base from which to enjoy life in this wonderful Mediterranean metropolis to the full.

Location

Cort, Palma de Mallorca, Mallorca Location provided by the Advertiser

Features

  • Townhouse
  • Bedrooms: 8
  • Build Size: 371 m2
  • New Build
  • Energy Efficiency Rating: In Progress

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Mortgage calculator

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€ 2,858 per month*

+ € 73,700 taxes (€ 72,000) & expenses (€ 1,700)*

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

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+34 871 240 050

Ref. 9506351

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  1. Spain
  2. Balearic Islands
  3. Mallorca
  4. Palma de Mallorca
  5. Centro
  6. Cort
  7. 8 bedroom Townhouse for sale in Cort, Palma de Mallorca - € 900,000 (Ref: 9506351)