HIGH PROFITABILITY: INVESTMENT PROJECT IN THE HISTORIC CENTER OF PALMA

  • 1,600,000€
Sindicato Street, el Call, Foners, Palma, Balearic Islands, 07002, Spain
For Sale
HIGH PROFITABILITY: INVESTMENT PROJECT IN THE HISTORIC CENTER OF PALMA
Sindicato Street, el Call, Foners, Palma, Balearic Islands, 07002, Spain
  • 1,600,000€

Overview

Property ID: DL0110
  • Building
  • Property Type
  • 628,73

Description

UNIQUE INVESTMENT OPPORTUNITY IN THE HEART OF PALMA CITY – VESTA REAL ESTATE

Vesta Real Estate presents an exclusive real estate project in one of the most dynamic and rapidly developing areas of Palma: the iconic Calle Sindicato. This residential building between party walls, with an already approved building license and an included full renovation project, represents a secure investment with high potential for profitability.

The design includes the creation of 4 spacious, bright, and well-ventilated apartments, along with 1 commercial premises on the ground floor, all within a building that will retain its architectural character while being optimized for modern comfort and efficiency.

Strategic Location: Calle Sindicato

Located in the heart of the commercial area of Palma’s old town, Calle Sindicato is a vibrant street filled with shops, cafes, and restaurants. Its high pedestrian traffic guarantees visibility for businesses and a solid appreciation for the property, making it an ideal place to live or invest.

Key Features of the Project:

– A project with guarantees and flexibility.

– Approved building license and architectural project.

– Possibility to complete the project before sale, subject to conditions.

– Buildable area adjusted to urban regulations.

– Ideal for rental, sale, or heritage development.

The stated price corresponds to the building in its current state, including the approved building license and architectural project. There is also the possibility of purchasing the property with the project fully executed, with the final price to be negotiated depending on the desired level of finishes. Price upon request.

Vesta Real Estate offers you a gem in the heart of Palma.

Contact us today to learn all the details and secure a forward-looking investment in one of Mallorca’s most sought-after areas.

Real estate agency registered in the Official Registry of Real Estate Agents of the Balearic Islands ROAIIB with the number GOIBE54222/2025.

  • Address Sindicato Street, el Call, Foners, Palma, Balearic Islands, 07002, Spain
  • City Palm
  • Zip/Postal Code 07002
  • Country Spain

Details

Updated on May 12, 2025 at 2:49 pm
  • Property ID: DL0110
  • Price: 1,600,000€
  • Property Size: 628,73 m²
  • Land Area: 145 m²
  • Property Type: Building
  • Property Status: For Sale

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