About this property
Located in the heart of Peguera, this property stands out for its prime location, just 300 metres from the beach and 250 metres from the popular boulevard, offering a wide range of shops and services. It is one of the few plots in the area with a surface of 1,182 sqm, in a highly sought-after location with good connections to Palma.~~The outdoor area features a spacious pool zone with sun terrace and space for loungers—ideal for developing a residential project with garden, relaxation, and entertainment areas. The surroundings are urban, with perimeter greenery that adds some privacy, and an orientation that allows enjoyment of the sun for most of the day.~~The existing building is old and in need of a complete renovation. Currently, it comprises eight rooms and ten bathrooms distributed over two floors, although the spaces are small and not in habitable condition. This is an ideal option for demolition and new construction, with the possibility to build up to 411 sqm and a maximum occupancy of 35%.~~This property presents an attractive investment opportunity to develop a high-end contemporary home in a strategic area of Mallorca’s southwest coast.