A Unique Townhouse Project with Building Licence in Pere Garau, Palma THE IMAGES ARE RENDERS Located in the increasingly sought-after neighbourhood of Pere Garau, Palma, this property presents a distinctive opportunity to acquire a townhouse project, with an approved architectural design and building licence already in place. The planning process has been completed, allowing the future owner to move forward towards construction without the delays and uncertainties typically associated with obtaining planning permission. The approved plans provide for a beautifully designed townhouse of approximately 150 m² of built area, three bedrooms and generous private outdoor areas. It includes approx. 88 m² of exterior space, a garden of around 53 m², and a 10 m² private swimming pool - a rare combination for a central Palma location. Included in the acquisition: - Existing property and plot - Fully developed and approved architectural project - Building licence already granted - Immediate opportunity to proceed towards construction - Existing project team available to assist with implementation, if required The project has been prepared by an established team of architects, a project manager and a civil engineer. Particular attention has been given to sustainability, energy performance and long-term construction quality. The proposed design incorporates enhanced insulation, photovoltaic technology and the considered reuse of existing materials. The existing professional team can also remain involved following the acquisition, should the purchaser wish. Additional Development Potential Beyond the existing approved townhouse scheme, the property may also present an opportunity to investigate an alternative multi-family residential development. Investors or developers could therefore consider acquiring the site and developing a different architectural concept, subject to planning requirements and the necessary approvals. A Flexible Investment in Central Palma This is more than the acquisition of a conventional building plot. The property offers the opportunity to take over an already developed and licensed project, significantly reducing the planning risk and allowing the purchaser to focus on bringing the proposed residence to life. With its central location, approved townhouse design, private outdoor areas, swimming pool and potential for an alternative development strategy, the property offers a compelling combination of planning certainty, flexibility and long-term potential in Palma. Contact us for more information and see it on site!

Pere Garau: An Evolving Palma Neighbourhood Pere Garau is one of Palma's most interesting emerging residential areas, combining an authentic local atmosphere with convenient access to the city centre. The neighbourhood offers a lively mix of traditional markets, independent businesses, cafés, restaurants and everyday amenities, while remaining close to Palma's historic centre and waterfront. Growing interest in the area has also led to an increasing number of renovation and residential development projects, making Pere Garau an appealing location for both private buyers and property investors.