Building for Sale with Great Potential for a New Construction Project \u2013 Palma (Av. Joan Mir\u00f3 66 & C\/ George Bernanos)<\/p>\n
Investment Opportunity in Palma \u2013 El Terreno<\/p>\n
A plot with an existing building is for sale in a strategic location at C\/ Joan Mir\u00f3 66, with a dual street frontage (Joan Mir\u00f3 and George Bernanos), offering maximum urban planning potential and multiple development possibilities.<\/p>\n
The property sits on a plot of approximately 380 m\u00b2, with a total buildable area of around 530 m\u00b2, allowing for the development of up to 6 residential units with a communal pool and parking spaces\u2014ideal for both developers and investors seeking a high-yield new construction project.<\/p>\n
On Joan Mir\u00f3 Street:<\/p>\n
Possibility to build 3 residential units.<\/p>\n
3 buildable floors.<\/p>\n
Approximate fa\u00e7ade of 10 m x 9 m depth (around 90 m\u00b2 per floor).<\/p>\n
On George Bernanos Street:<\/p>\n
Possibility to build 3 additional residential units.<\/p>\n
2 buildable floors.<\/p>\n
Approximate area of 130 m\u00b2 per floor.<\/p>\n
There is the potential to create a basement with parking spaces, significantly increasing the project\u2019s final value and the comfort of future residences, along with a large common area with a pool or other amenities.<\/p>\n
Currently, the property consists of two independent commercial units (one with an adjacent residence) and a rear building on George Bernanos with 7 rented apartments, generating current income of €1,800 per month, with leases nearing expiration.<\/p>\n
El Terreno is an area undergoing significant appreciation, surrounded by new developments, hotels, and services, including one currently under construction next to the plot. All of this makes the property an excellent investment opportunity with high growth potential and strong 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 a New Construction Project \u2013 Palma (Av. Joan Mir\u00f3 66 & C\/ George Bernanos)~~Investment Opportunity in Palma \u2013 El Terreno~~A plot with an existing building is for sale in a strategic location at C\/ Joan Mir\u00f3 66, with a dual street frontage (Joan Mir\u00f3 and George Bernanos), offering maximum <\/p>\n","protected":false},"author":4,"featured_media":28355547,"parent":0,"menu_order":0,"template":"","property_type":[1276],"property_status":[437],"property_feature":[1242,1220,1222,1234,1247,1249,1251,1230,1272,1232,1206,1200,1290],"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\/edificio\/illes-balears\/palma\/04sbap346rm\/"],"_thumbnail_id":["28355547"],"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":["04sbap346rm"],"fave_property_id":["04sbap346rm"],"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":["28355547","28355548","28355549","28355550","28355551","28355552","28355553","28355554","28355555","28355556","28355557","28355558","28355559","28355560","28355561","28355562","28355563","28355564","28355565","28355566","28355567","28355568","28355569","28355570","28355571","28355572","28355573"],"houzez_total_property_views":["1"],"houzez_views_by_date":["a:1:{s:10:\"04-23-2026\";i:1;}"],"houzez_recently_viewed":["2026-04-23 12:16:23"]},"yoast_head":"\n