ARENAL: GENEROUS DEVELOPMENT SITE WITH MULTIPLE DEVELOPMENT OPTIONS

An attractive investment and development opportunity in Arenal, comprising seven individual plots with a combined land area of 3,332.42 m².

The site offers the possibility to develop a coordinated residential project consisting of up to seven detached houses. Its position within an entire urban block, with access from three different streets, provides particularly attractive conditions for an integrated development concept.

Alternatively, the individual plots may also be purchased separately, offering investors and private buyers considerable flexibility.

The surrounding area benefits from very good infrastructure. Lidl is located directly nearby, while a newly opened Aldi further strengthens the local amenities. The proximity to the beach, everyday services and convenient connections to Palma add to the appeal of the location.

PLOTS & DEVELOPMENT

Total land area: 3,332.42 m²

7 individual plots

Potential development of 7 detached houses

Entire urban block can be developed as one project

Access from three streets

Individual plot sales also possible

Current condition: undeveloped

Orientation: north/south

Total price for all seven plots: €3,207,074

INDIVIDUAL PLOTS

440.73 m² – €482,670

418.76 m² – €386,136

416.58 m² – €386,136

415.52 m² – €386,136

406.06 m² – €429,040

619.49 m² – €568,478

615.28 m² – €568,478

URBAN INFRASTRUCTURE

Street lighting

Pavements

Municipal electricity supply

Municipal water supply

Sewage system

LOCATION

The site is located in Arenal, an established coastal area with excellent everyday infrastructure and convenient access to Playa de Palma.

Supermarkets, restaurants, services and other daily amenities can be reached within a short distance. Lidl is located directly nearby, while the recent opening of an Aldi further enhances the local retail infrastructure.

The proximity to the beach, Palma and the airport makes the location attractive both for future residents and for residential development.

The combination of seven plots, three-sided street access and the option to develop the entire block provides investors and developers with considerable flexibility.

Further information and documentation available upon request.

GOIBE468739/2024