550 M² PLOT IN EL RAFAL NOU, PALMA

This excellent 550 m² plot is located in the quiet and well-connected neighbourhood of El Rafal Nou, Palma. The property currently features a warehouse, and presents a great development opportunity, as per the PGOU 2023 zoning regulations, which allow the construction of up to 3 floors plus a penthouse, providing substantial potential for development.

One of the most viable development options includes the construction of 6 apartments of 70 m² each, plus a 100 m² penthouse, creating an attractive residential complex with a modern and functional layout. This option is ideal for developers looking to maximise the space by creating high-quality residences in a high-demand area with easy access to all city services and infrastructure.

El Rafal Nou is a well-established residential area known for its peaceful atmosphere and proximity to Palma’s city centre. The location offers excellent public transport links and is close to shops, schools, and other essential services. With its proximity to the centre of Palma, combined with the relaxed neighbourhood environment, this property presents an attractive investment opportunity for both residential and commercial projects.

Don’t miss out on the chance to acquire this plot with significant development potential in one of Palma’s most sought-after areas. Contact us for more information and to arrange a viewing!