Residential Building for sale in Plaza de España, Palma de Mallorca
Plaza de España,
Price: from €2,000,000
This Residential Building for sale in Plaza de España is located in the very centre of Palma next to the well-known Corte Inglés department store. It is also very close to the Main Square or Plaza Mayor, the central station and the lovely Park of Ses Estacions located in one of the most sought after areas of Palma.
The building has a total constructed area of 1,293 m2, consisting of a ground floor and 3 more floors above.
According to the Cadastre, it was built in 1934 and later reformed during the 1970s and 80s.
This Residential Building for sale in Plaza de España, despite being very well preserved, requires some structural reinforcement.
It is currently empty, free of occupants. Several years ago, access was blocked, to avoid squatting.
There is horizontal division. According to the Property Registry there are currently: 12 homes and 3 premises.
Urban characteristics according to Palma's PGOU (General Urban Management Plan).
• Urban land • Multi-family housing • City Council Code: A4a • Name from City Council: Multi-family with facade alignment • IRP: 23 / m2 • Maximum number of dwellings: 23/373 = 16.2 dwellings • Maximum number of floors: 4 floors • Regulating height: 13.3 m • Overall height: 15.3 m • Maximum occupancy: 100% • Predominant use: Multi-Family Residential
• Other compatible uses: o Tourist accommodation o Retail o Administration o Education o Religious Worship o Health and Fitness
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