Situated in one of Palma’s most sought-after and charming locations, in the popular coastal neighbourhood of El Molinar, just around 200 metres from the sea, this property offers interesting development potential. It is ideal for investors, property developers or private individuals wishing to realise a bespoke residential project in a prime Mediterranean location.

The property is a single-storey house with a courtyard, built in 1936. According to the land registry extract, the plot has an area of 131.6 m². According to the cadastral register, the built-up area is approximately 103 m², including the storage rooms. With a frontage of 7.20 metres and no existing listed status, the property offers the opportunity to consider a new-build project involving the demolition of the existing building, subject to the applicable planning regulations.

According to the expert report, the plot is subject to Category B2a town planning regulations. These stipulate a two-storey development, a permitted building depth of 10 metres, a maximum building height of 8.50 metres and a standard building height of 6.50 metres. On this basis, the maximum potential living space is stated as approximately 144 m², spread over two storeys, each with up to 72 m². Alternatively, according to the present assessment, there is the possibility of extending the existing development to approximately 115.2 m² without demolition.

This property offers an interesting opportunity to develop a bespoke residential project in one of Palma’s most attractive coastal locations. Its proximity to the sea, the established Mediterranean surroundings and the existing development potential make the property an attractive option for buyers seeking a project with development potential in El Molinar.