Project! 5.400 m2 building land for a villa park with 6 villas & a palace from 1888 in Palma

7 plots are perfectly situated next to each other to create a villa complex in a quiet and very central part of Palma.

According to the expired project can be built:

Option 1) 6 x single family villas plus 1x apartment house with 2 apartments
Option 2) 7 x single family villas

Property sizes:

Plot 1: 405, 848 m2
Lot 2: 403,552 m2
Land 3: 456,089
Plot 4: 1,479 m2, developed Fl: 671, planned Wf: 418.62 m2, built 1888 Plot 4: without Horizontal Division (Plot 0)
Plot 5: 475,382 m2
Land 6: 383,361 m2
Plot 7: 402,097 m2
plus property parking spaces, paths, etc.

purchase price 4.500.000 €

Construction costs for 6 villas could be as follows: 2.920.000 €
TOTAL COSTS 8.434.000 €

3x small villas á 800.000 € each
3x larger villas á 1.125.000 € each
Mansion: already has a new roof and exterior walls and is a listed building.