House with huge potential in Foners

Great House for sale with traditional Palmesan layout, very close to the sea and the historic centre of Palma.
Location Foners – Palma (07006)

It offers great versatility and options in this regard, as it can:

1-Be renovated in its current state(making a horizontal division at the same time) and having two large homes available
2-Recover its original state and become a large single-family house
3-Increase the number of homes through an expansion project or new construction as a building plot.

It currently features a Ground floor of 130 m2 with an exclusive use garden of 50 m2: It is divided into an entrance hall, large kitchen, 1 full bathroom, 3 double bedrooms with windows, living room and a dining room with access to the garden/patio with porch, fireplace, trees and laundry room.

On the first floor and with an independent entrance from the street, there is a 120 m2 apartment with an exclusive use terrace of 20m2 and balcony: large entrance hall, kitchen with views of the garden, storage room, 3 double bedrooms, 1 with built-in wardrobe, 1 full bathroom with bathtub, spacious living room and dining room with terrace.

OPPORTUNITY FOR DEVELOPERS – PLOT WITH EXISTING BUILDING
Currently:
•Urban plot of 185 m².
•Existing house of ground floor + 1 floor.
•Interior patio.
•Street facade.
•Consolidated area, a few minutes from the centre of Palma and the sea.

Urban potential
-Possibility of residential development (up to 5 homes; basement, 3 floors + penthouse).
Total buildable area 435.6 m2 built, 185 m2 basement floor (parking)
-Indicative project and Urban planning study

Strengths
-Excellent location in one of the areas with the greatest transformation in Palma.
-High demand for new build housing.
-Ideal for residential development.

-Basement floor parking 185m2
-Buildable area Ground Floor 9.90×12 = 118.80 m2 (housing)- Can be larger up to the back of the plot if not intended for housing
-Buildable area Floor 1 9.90×12 = 118.80 m2
-Buildable area Floor 2 9.90×12 = 118.80 m2
-Buildable area Penthouse with private terrace 9.90×8 = 79.20 m2

Are you going to miss it? It’s a great opportunity, don’t let it escape!

At Gestpropiedad we advise with our extensive team of multidisciplinary professionals, providing personalized knowledge and quality services.

Real estate agency registered in the Official Register of Real Estate Agents of the Balearic Islands ROAIIB with number GOIBE740280/2024