{"id":28218188,"date":"2026-04-14T13:09:15","date_gmt":"2026-04-14T13:09:15","guid":{"rendered":"https:\/\/www.gestpropiedad.com\/inmueble\/venta\/casa\/illes-balears\/palma\/04sbap347\/"},"modified":"2026-04-14T13:09:15","modified_gmt":"2026-04-14T13:09:15","slug":"building-in-a-prime-area-of-palma-el-terreno-04sbap347","status":"publish","type":"property","link":"https:\/\/gestpropiedad.com\/en\/inmueble\/venta\/casa\/illes-balears\/palma\/04sbap347\/","title":{"rendered":"Building in a Prime Area of Palma, El Terreno"},"content":{"rendered":"
Building for Sale with Great Potential for New Development \u2013 Palma (Av. Joan Mir\u00f3 66 and C\/ George Bernanos)<\/p>\n
Investment Opportunity in Palma \u2013 El Terreno<\/p>\n
Urban plot with an existing building for sale in a strategic location, at Joan Mir\u00f3 66, with frontage on two streets (Joan Mir\u00f3 and George Bernanos). This offers greater urban development potential and multiple possibilities for new construction.<\/p>\n
The property sits on a plot of approximately 380 m\u00b2, with a total buildable area of around 530 m\u00b2. It allows for the development of up to 6 apartments with a communal pool and parking spaces \u2013 ideal for developers or investors looking for a new-build project with high profitability.<\/p>\n
On Joan Mir\u00f3 Street:<\/p>\n
Possibility to build 3 apartments<\/p>\n
3 buildable floors<\/p>\n
Approximate fa\u00e7ade: 10 m x 9 m buildable depth (about 90 m\u00b2 per floor)<\/p>\n
On George Bernanos Street:<\/p>\n
Possibility to build 3 additional apartments<\/p>\n
2 buildable floors<\/p>\n
Approximate area: 130 m\u00b2 per floor<\/p>\n
There is also the possibility of creating a basement with parking spaces, which would significantly increase the project\u2019s final value and the comfort of future residents, along with a large communal area featuring a swimming pool or other amenities.<\/p>\n
Currently, the property consists of two independent commercial premises (one with an adjacent residence) and a rear building on George Bernanos Street with 7 rented apartments, generating around €1,800 per month in income, with leases nearing expiration.<\/p>\n
The El Terreno area is undergoing strong revitalization, surrounded by new developments, hotels, and services, including one currently under construction right next to the plot. All this makes the property an excellent investment opportunity with great growth potential and high residential demand.<\/p>\n
A unique opportunity to develop a modern, profitable, and forward-looking project in one of Palma\u2019s most promising areas.<\/p>\n","protected":false},"excerpt":{"rendered":"
Building for Sale with Great Potential for New Development \u2013 Palma (Av. Joan Mir\u00f3 66 and C\/ George Bernanos)~~Investment Opportunity in Palma \u2013 El Terreno~~Urban plot with an existing building for sale in a strategic location, at Joan Mir\u00f3 66, with frontage on two streets (Joan Mir\u00f3 and George Bernanos). This offers greater urban <\/p>\n","protected":false},"author":4,"featured_media":28218190,"parent":0,"menu_order":0,"template":"","property_type":[1212],"property_status":[437],"property_feature":[1242,1222,1197,1234,1249,1239,1251,1230,1232,1206,1200],"property_label":[],"property_state":[901],"property_city":[902],"property_area":[951],"acf":[],"property_meta":{"fave_agent":["45051"],"fave_agents":["45051"],"fave_agent_display_option":["agent_info"],"fave_agency":["22941546"],"property_agent":["45051"],"custom_permalink":["inmueble\/venta\/casa\/illes-balears\/palma\/04sbap347\/"],"_thumbnail_id":["28218190"],"post_id":["Array"],"original_author":["4"],"_edit_lock":["1604137107:1"],"_edit_last":["1"],"fave_property_map_street_view":["show"],"fave_payment_status":["not_paid"],"fave_single_top_area":["global"],"fave_single_content_area":["global"],"houzez_manual_expire":["0"],"fave_property_size_prefix":["m²"],"fave_property_map":["1"],"fave_additional_features_enable":["disable"],"fave_floor_plans_enable":["disable"],"fave_multiunit_plans_enable":["disable"],"fave_prop_homeslider":["no"],"fave_featured":["0"],"fave_property_address":["Palma,Illes Balears"],"fave_property_zip":["07015"],"houzez_geolocation_lat":["39.561351985531"],"houzez_geolocation_long":["2.6248561100237"],"fave_property_location":["39.561351985531,2.6248561100237"],"fave_property_country":["ES"],"fave_property_map_address":["Palma,Illes Balears,Spain"],"referencia":["04sbap347"],"fave_property_id":["04sbap347"],"fave_property_bedrooms":["11"],"fave_property_bathrooms":["7"],"fave_property_garage":["0"],"fave_property_land":["380"],"ave_property_land_postfix":["m²"],"fave_property_size":["369"],"fave_property_year":["1849"],"fave_energy_global_index":["0 kWh\/m² \/1234.99 Kg CO2\/m²"],"fave_energy_class":["G"],"estate_attr_energy_class":["G"],"REAL_HOMES_property_emisiones":["1234.99"],"REAL_HOMES_property_consumo":["0"],"REAL_HOMES_property_letra":["G"],"estate_video":[""],"fave_virtual_tour":[""],"vendidoInmueble":[""],"fave_property_price":["880000"],"fave_property_price_postfix":[""],"fave_property_images":["28218190","28218191","28218192","28218193","28218194","28218195","28218196","28218197","28218198","28218199","28218200","28218201","28218202","28218203","28218204","28218205","28218206","28218207","28218208","28218209","28218210","28218211","28218212","28218213","28218214","28218215","28218216"],"houzez_total_property_views":["1"],"houzez_views_by_date":["a:1:{s:10:\"04-15-2026\";i:1;}"],"houzez_recently_viewed":["2026-04-15 19:49:47"]},"yoast_head":"\n