Palma De Mallorca Townhouse

Plot in Son Cotoner with the possibility of building ground floor + 5 stories, between party walls

Ground floor property for sale in Plaza San Cosme, in the Son Cotoner neighborhood (Palma). This is an opportunity for developers, builders, and investors looking for urban land in a consolidated area that is well-connected and has constant residential demand.

The plot

* Plot area: 212 m² according to the Land Registry.
* Facade of approx. 10.4 m facing the square, with a depth of approx. 20 m.
* Plot between party walls: the two adjacent buildings have a ground floor + 5 stories.
* Current building: 182 m² built, in need of renovation.
* Property not listed, without heritage protection.

Urban potential (Palma PGOU, zone C4a ”Civic Axis”)

* Base of the zone: ground floor + 3 floors (13.3 m).
* Possibility of matching the height of the adjacent buildings (GF + 5) according to Art. 107 of the PGOU Regulations. This article applies to plots located between taller buildings facing a public space of more than 13 m. The total buildable area is maintained and redistributed in height.
* Ground floor with 100% occupancy of the plot, intended for commercial premises or facilities.
* Upper floors for residential use, with an estimated capacity for 3 dwellings.
* Possibility of a basement or parking.
* Possible additional increase through limited-price housing (DA 21st of the Balearic Urban Planning Law), subject to verification.

The area
Son Cotoner is a residential neighborhood in the Ponent district, about a 15–20 minute walk from the center of Palma. It is next to Sa Riera park and close to schools, hospitals, local shops, and public transport. New construction is in high demand in the area.

Ideal for: new construction development with a commercial space on the ground floor and residential units above, on a facade front already consolidated with 6-story buildings.

The images of the development are indicative simulations. The urban planning data is indicative, obtained from the municipal urban planning viewer, and must be verified through an urban planning consultation report from the Palma City Council.

Important legal information: The advertised price includes real estate management fees and VAT. Following current regulations, the buyer is informed that the price does not include the expenses and taxes derived from the sale (ITP, notary and registry fees). In the Balearic Islands, the ITP can vary between 8% and 13% depending on the value of the property and the specific conditions of the buyer. We recommend requesting a personalized breakdown of these costs before formalizing the reservation.