Apartment for sale in Can Pastilla, Palma de Mallorca, Mallorca

Currently registered as local - permission for change of use to residential is already available. The conversion can be started immediately.

This versatile commercial property offers an attractive investment opportunity with an already approved project for conversion into a combination of residential and commercial space.

The plan is to create an approx. 90 m² apartment on the first floor, with an interior layout that can be flexibly and individually designed within the approved area—ideal for implementing modern living concepts such as open-plan layouts or tailored room solutions. A special added value: there is a side sea view from the first floor, which will make the future residential unit even more attractive.

The property is complemented by generous commercial space on the first floor and throughout the basement with a total of over 200 m², offering a wide range of possible uses—whether as retail space, office, studio, or a combination of working and letting.

Two small terraces in the entrance area and the rear courtyard provide additional outdoor space and enhance the property both functionally and visually.

Planning for the project has been confirmed and approved by the authorities. The implementation design has already been positively reviewed and meets the requirements of the building permit.

After the conversion, the residential unit will be classified as a Vivienda de Precio Limitado (VPL). This means that certain conditions apply to the residential space, while the commercial space remains unaffected and can be used and marketed freely.

Overall, this is a rare opportunity to transform a property with secure development potential into a modern, combined residential and commercial property—ideal for investors or owner-occupiers with foresight.