Townhouse for sale in Son Espanyolet, Palma de Mallorca, Mallorca

Located in the coveted neighborhood of Son Españolet, this ground floor with a free ceiling represents an excellent opportunity for investors and developers looking to take advantage of the full urban potential of the property. With a built area of 55 m² and a façade 6 meters wide, this home not only offers a privileged location but also the real and legal possibility of building a second floor, which would practically double the living space and significantly increase the property's value.

The current house, built in 1950 and in good condition, has two bedrooms (one double and one single), a bathroom, a living-dining room with a hot/cold pump, an independent kitchen, a laundry area, and a pleasant outdoor terrace. It also has city gas and aluminum shutters. All of this is on a plot that, with vision and a project, can be transformed into a modern two-story home or even a designer property with high market value.

The surroundings are another of its great attractions: Son Españolet is a quiet residential area, highly sought after for its proximity to the center of Palma, the vibrant neighborhood of Santa Catalina, and all essential services such as schools, supermarkets, public transport, health centers, and green areas. This guarantees high profitability whether it is used as a primary residence or oriented towards long-term rental or even vacation rental, provided the corresponding license is obtained.

In summary, this property is much more than a ground floor: it is a solid foundation for developing a tailored residential project, with an excellent location, growth potential, and high demand in the area. If you are looking for an investment with real possibilities for expansion and appreciation, this is your opportunity.

The costs of the sale are not included and will be borne by the buyer, according to the law, except for the capital gains tax, which will be the responsibility of the seller.