This stunning renovation project features a beautifully restored townhouse, meticulously divided into two distinct apartments, offering a unique chance to own a piece of history in one of Mallorca’s most coveted locations. The price only includes the building in its current state (which needs renovation) along with a license to renovate and build 2 apartments inside. The cost of construction is the responsibility of the buyer and is variable depending on the desired quality and materials. Apartment 1 is designed in a loft style and features a spacious bedroom, as well as a cozy terrace with a pool, providing a private oasis for relaxation and entertainment. Meanwhile, Apartment 2 is presented as a duplex penthouse, exuding elegance and refinement across two levels. With two generously sized bedrooms, including a luxurious master suite, and an additional rooftop terrace, this residence offers unrivaled views of the surrounding historic streets and monuments, making it an ideal sanctuary to unwind and savor the Mediterranean lifestyle. This project offers more than just two apartments—there is also the possibility of creating an amazing three-storey house, complete with a roof terrace, private swimming pool, and an inner courtyard, making this property a highly customizable investment with great potential for both personal use or high returns. Situated in a prime location in the old town, residents will enjoy easy access to Palma’s vibrant culture, charming boutiques, renowned restaurants, and picturesque squares, ensuring every day is filled with endless exploration and charm. If you’re looking for a lucrative investment opportunity, this is a unique chance to own a part of Palma’s rich heritage and bring your dream home or project to life. The potential of this property is limitless!