Building Plot for sale in Palma de Mallorca, Mallorca

In one of Palma’s areas with the greatest urban transformation, a clear opportunity is presented for developers looking for a ready-to-execute project with high end demand.

Located in Soledad Norte, on Miquel Dolç Square, 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 building with a ground floor plus 6 storeys, with a total buildable area of 1,253 m2. The layout is designed to maximize profitability and commercial uptake:

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

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 shift in profile, with growing investor interest and gradual improvement in the surrounding area, positioning this project as a bet with strong potential both for sale and for rental.

In summary: optimized development volume, in-demand property types, permit granted, and work ready to begin. An increasingly scarce product in Palma.

If you’re looking for quick turnover and controlled risk, this plot is playing in the top division.