Exceptional investment opportunity in Portixol – El Molinar, one of the most sought-after and up-and-coming residential areas in Palma de Mallorca.
Building with great potential for residential development, ideal for developers and investors looking for an exclusive project close to the sea, in a consolidated and highly demanded environment.
The plot on which the building is located allows for the development of a residential project with the possibility of constructing a basement, ground floor with patio, first floor and terraces.
The property currently offers:
252 m² built area
Additional 109 m² basement
According to land registry data, the plot has a total surface area of 252 m² and is located within urban planning zone B2a, allowing residential development in accordance with current regulations.
Main urban planning parameters:
Maximum permitted height: 8.5 m
Buildability: ground floor + one upper floor
Maximum building coefficient (V max.): 0.4
The residential intensity (Irp 1/45) allows the development of up to 4 residential units or alternatively 2 semi-detached single-family homes.
All subject to occupancy, setback and development parameters established by urban planning regulations.
The planning regulations ensure harmonious architectural integration with the urban environment of Portixol, encouraging projects with excellent natural light, cross ventilation, interior patios, efficient architectural solutions and low visual impact.
The terrace of the current building was completely renovated approximately 6 years ago, coinciding with the successful approval of the Building Evaluation Inspection (IEE), providing significant added value and greater technical security for future investment or development projects.
A unique opportunity to develop a premium residential project in one of Mallorca’s most exclusive locations.
Registered Real Estate Agents in ROAIIB – GOIBE65280/2024