Building Plot for sale in Palma de Mallorca, Mallorca

In one of Palma’s areas with the highest rate of urban transformation, a clear opportunity is presented for developers seeking a ready-to-implement product with high end-demand.

Located in Soledad Norte, in Plaza Miquel Dolç, this 220 m2 urban plot has already taken the slowest and most costly step: the demolition has been completed and the building permit has been granted. Here you’re not buying land—you’re buying time.

The approved project includes the construction of a ground-floor building plus 5 storeys, with a total buildable area of 1,253 m2. The layout is designed to maximize profitability and commercial uptake:

– 4 typical floors with 3 homes per floor, designed in 1- and 2-bedroom layouts, the most liquid product type in today’s market
– 1 floor intended for 3 offices, ideal for diversifying use or strengthening yield
– Ground floor with 2 retail units, providing additional footfall and value to the overall development
– Building with a lift planned

A balanced development between residential and tertiary use, in an area where urban renewal is driving demand for both housing and professional spaces.

Soledad Norte is experiencing a clear change in its profile, with growing investor interest and a gradual improvement in the surroundings, positioning this project as an investment with lasting potential both for sale and for rentals.

In summary: optimized building volume, in-demand layouts, permit granted, and construction ready to start. An increasingly scarce product in Palma.

If you’re looking for fast turnaround and controlled risk, this plot is in the first division.