Investment opportunity in a growing area with great development potential
Spacious urban plot of 2,264 m² for sale in Son Gual, located within the Rural Nucleus NR/86-01, in the municipality of Palma (Balearic Islands).
Designated as urban land for single-family residential use (RE-UN), ideal for forward-looking investors anticipating the area’s urban development.
Plot Details:
Plot area: 2,264 m²
Permitted use: Single-family residential (RE-UN)
Minimum plot size: 2,000 m²
Minimum frontage: 30 m
Maximum plot coverage: 10 %
Maximum height: 7 m (up to 2 floors)
Front setback: 10 m
Buildability coefficient: 0.12 m²/m²
Estimated buildable area: ≈271.68 m²
Important – Current Planning Restriction
According to Rule 3.4.4. of Palma’s General Urban Plan (PGOU),
Until the Services and Environmental Integration Project for the Rural Nucleus NR/86-01 is approved and executed,
no new construction, extensions or service installations may be authorized.
This makes the plot a medium/long-term strategic investment with high potential for appreciation once development is approved.
The sale price indicated does not include Property Transfer Tax (ITP), which will be approximately 8% for sales of up to €400,000, nor does it include notary and registration fees, estimated at approximately 2% of the sale value, which must be paid by the buyer when signing the corresponding public deed. The amount of tax is calculated on the final price stated in the public deed and may vary depending on the applicable regulations, as well as subsidies, grants, age and other personal circumstances of the taxpayer.
The estate agency's fees will be paid in full by the seller, at no cost to the buyer.
Real estate agency registered in the Official Register of Real Estate Agents of the Balearic Islands REGISTRATION NUMBER: GOIBE747077/2024
