Building Plot for sale in Palma de Mallorca, Mallorca

Urban land with an approved license and an execution project already completed and submitted for residential development in Soledad Norte

In one of the areas with the highest urban transformation in Palma, this presents a clear opportunity for developers looking for a ready-to-build product with strong end-market 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; the execution project has already been carried out and submitted. Here, you’re not buying land—you’re buying time.

The approved project includes the construction of a building with a ground floor plus 5 floors, with a total buildability of 1,253 m2. The layout is designed to maximize profitability and commercial absorption:

- 4 typical floors with 3 homes per floor, designed in layouts of 1 and 2 bedrooms, the most liquid product in today’s market
- 1 floor intended for 3 offices, ideal to diversify use or strengthen yield
- Ground floor with 2 retail units, providing additional footfall and value to the overall development
- Building with a planned lift (elevator)

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

The Soledad Norte area is experiencing a clear shift in profile, with growing investor interest and a gradual improvement in the surroundings, positioning this project as a bet with a strong outlook for both sales and rentals.

In summary: optimized buildable volume, in-demand unit types, permit granted, and construction ready to start. A product that is becoming increasingly scarce in Palma.

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