€ 1,090,000
Villa for sale in La Bonanova, Palma de Mallorca, Mallorca
- 122 m2
- 3
- 1
- 627 m2
Description
In one of the most exclusive and sought-after areas of Palma, we present this property with exceptional value appreciation potential, located in the heart of La Bonanova, just a few meters from the prestigious Queen’s College and offering pleasant open views towards the Serra de Na Burguesa.
This is a 627 m² corner plot, an increasingly rare asset on the market, offering multiple possibilities both for investors and for those looking to create a fully customized high-end residence.
Currently, there is a 122 m² built property distributed over two floors, featuring 3 bedrooms and 1 bathroom, ideal as a base for a full renovation or as the starting point for a new high-end residential project.
The key to this property lies in its outstanding urban development potential:
The I2a planning regulation allows a building capacity of 50%, enabling the development of up to 313 m² built area plus basement.
This opens the door to creating a modern luxury villa, maximizing the value of the asset in an area where demand significantly exceeds supply.
Additionally, its east orientation ensures excellent natural light throughout the day, in a calm, exclusive residential environment perfectly connected to Palma city center and the seafront promenade.
If you are looking for a solid investment or to develop an exclusive property in one of Palma’s best areas, this is an opportunity not to be missed.
Features
- Villa
- Bedrooms: 3
- Bathrooms: 1
- Build Size: 122 m2
- Plot: 627 m2
- Year Built: 1930
- Energy Efficiency Rating: In Progress