Ref: DP-58-Palma10123

Building for sale in Palma in historic building to be restored.

The aim of the project in the old town of Palma is the renovation/conversion of a former city palace in a truly prime location. The building is already completely gutted and there is the building permit in place.

This property for sale in Mallorca is a former palatial style building in Palma in a prime location in the immediate vicinity of the Plaza de Olivar and the surrounding pedestrian streets.

Quite unusual for a building of this size in the old town is that it is completely framed by small streets, so all planned apartments have many windows and thus enjoy a lot of natural light.

The new owner / investor would be able to start immediately and would not loose time with the formalities with the authorities involved in Mallorca.

This is a property with a lot of history. According to the archaeologist, who has to supervise all construction measures in the old town, the building was a former soap factory. Some discoveries will go to the museum, others are to be preserved and will give the building a very special touch.

It is planned to build 11 (or just 9 ) apartments of different sizes, a communal terrace and a parking space for 2 cars. In addition, a private swimming pool and a private terrace exclusively for the duplex penthouse. The constructed area will be about 1,650 m2. The mixture of modern living and a lot of history makes the residence unique and exclusive. Nevertheless, the existing construction plans are still so flexible that the buyer could still make changes according to his wishes without any problems.

The plans for this project can be consulted at any time and the property can be viewed accompanied by the architect who is in charge of this very special conversion. In any case the plans are fairly flexible so the buyer could provide his or her own input with no problem.

IN A NUTSHELL

Where contemporary design meets Mediterranean light and Mallorca’s rich past

Welcome to an exclusive residential project in Palma’s old quarter, in an artfully reconverted Mallorcan 18th century townhouse with both medieval and Islamic roots.

Nine ( or eleven ) luxury properties built around a fascinating history, with a rich past still visible and meticulously protected.

Enjoy the extraordinary experience of living shoulder to shoulder with outstanding details of antiquity but in exceptionally designed residences for a truly contemporary lifestyle.

A glimpse of history in the heart of Palma

Walking through the foyer, proud owners will be able to enjoy a unique peek into the building’s rich past. Pride of place are what seems to be the remains of a medieval soap workshop identified by solid limestone tubs, still visible.

Furthermore, vestiges of Islamic era pottery were also excavated, taking the roots of the building even farther back in history to the 11th century.