Investment Opportunity - Townhouse with a Project and License

Located in the established residential area of El Terreno parallel to the Paseo Marítimo, this is an exceptional opportunity for those looking to develop a townhouse property. The price includes the existing property, approved project, and license to start construction tomorrow! The project offers the following: Ground Floor: Entrance, open plan fully fitted kitchen, dining and living room area with direct access to the exterior terrace, garden, and swimming pool area. There is also one bedroom, bathroom, and garage that complete this floor. First Floor: Includes two double bedrooms with en-suite bathrooms and each with direct access to the exterior 36 sqm terrace overlooking the garden and pool area. Solarium: The interior stairwell takes you from the first floor to the 36 sqm rooftop terrace, an ideal recreational area. The estimated cost of construction, completion, and interiors is 1.150.000€ using high-end materials and brands such as underfloor heating, central A/C, soundproofing, bespoke kitchens with Miele appliances, Huguet handmade tiles, silent glass, Duravit, and KNX home automation. This neighborhood of Palma de Mallorca is located between the promenade and Bellver Park. Originally, between the end of the 19th century and the beginning of the 20th century, it was a summer resort for the bourgeoisie of Palma, so you can still find beautiful manor houses in this area. The slope of the land allows enjoying amazing views of the sea from many of its corners. It was the center of Palma's nightlife for many years and now it shines again and is in the spotlight for both residents and the international public, and it is not surprising - as there is the fabulous Paseo Marítimo with one of the better shopping areas with the Porto Pi Shopping Center (including the Casino de Mallorca) or Bellver Forest for leisure activities, the national and international schools (including the Swedish school), in addition to the Swedish church right at the doorstep. New hotels, bars, restaurants, and shops open their doors, bringing back the lifestyle quality and modernity that this booming neighborhood has always deserved.