This plot of land is a unique opportunity to acquire an area in Mallorca with enormous investment potential and the opportunity and plans to reform the existing building back into a hotel as it was originally built, or demolished and excavated to build a new block of apartments with penthouses. It is possible to construct 4 levels (700m2 each level) plus a basement for underground parking at a
This plot of land is a unique opportunity to acquire an area in Mallorca with enormous investment potential and the opportunity and plans to reform the existing building back into a hotel as it was originally built, or demolished and excavated to build a new block of apartments with penthouses. It is possible to construct 4 levels (700m2 each level) plus a basement for underground parking at another 1400m2 with up to 30 apartments including the penthouses on the 4th floor.
The plot is half surrounded by green zones, providing natural views for each apartment whilst the 3rd and 4th floors also offer sea views over Palma.
Recent development and investment of the roads have been made and amenities in the immediate area by the council have now connected the plot to easier access to the motorway (5 minutes) and the airport is just 9km away.
With sun all day and just 400m to the amazing beach of El Arenal, plus all the shops, restaurants and cafes this project will work for either option of a hotel reform or new build apartment block.
El Arenal sits along the southern arc of the Bay of Palma, straddling the municipal boundary between Palma and Llucmajor. The Llucmajor side retains a quieter, more residential character than the busier northern stretch, while sharing the same broad sandy beach that extends for several kilometres along the bay. The area benefits from consistent sunshine, open sea views toward Palma, and a setting that has attracted sustained development interest from both hospitality and residential investors.
The beach of El Arenal is approximately 400 metres from this location. The surrounding streets offer a range of cafés, supermarkets, and restaurants oriented toward year-round residents as well as seasonal visitors. The commercial centre of Arenal, with its fuller range of services, is within a short drive.
The motorway connection to Palma is accessible within approximately five minutes by car, placing the city centre around 15 to 20 minutes away. Palma de Mallorca Airport is located roughly 9 kilometres from El Arenal, making this one of the closest residential zones to the island’s main international hub, which operates direct routes to most major European cities and beyond throughout the year.