For Sale: site in Palma (Mallorca) - 360 000

Unique plot with project for construction of a building with 7 apartments, 14 Parking spaces and a swimming pool. The construction project was approved and permission to build there, so the project can be started immediately after land acquisition. The residential area of San Agustin and Cala Nova is a very popular and densely populated district of Palma. Most of the houses were built in the 80s and 90s years. The demand for new housing is very high, while the proposal is completely absent. The quality of the existing housing is very low, the area of apartments in an average of approximately 60 to 70 m2, the price of 300 000 euros.