Rustic Property In Palma To Renovate With Endless Possibilities Without A Certificate Of Occupancy

Looking for the tranquility of the countryside without leaving the city? It s almost impossible to find a property like this in Palma these days: an authentic rustic house without a certificate of occupancy, with a generous plot of land, traditional charm, and the privacy that only a plot of this size can offer. This property presents a strategic opportunity for comprehensive renovation for those who appreciate authenticity and seek a high-yield project or a home designed from the ground up, allowing you to redistribute the spaces to your liking. It retains original architectural features, such as its exposed wooden beam ceilings , ideal for restoring and adding that coveted Mallorcan touch to a modern renovation. Currently, only the 70 m² of the ground floor are registered; the upper floor is pending regularization, a golden opportunity to significantly increase the value of the property after its update. Why is this house special? Location: Being in Palma and having more than 1,000 m² of land is a luxury that no longer exists. Exteriors with character: The property includes original outbuildings used for cultivation and an old traditional wood-fired oven , perfect for converting into charming spaces. It also has two safreigs (traditional Mallorcan cisterns), the perfect finishing touch. In Mallorca, having one is not just about having a water tank or an irrigation area; it s about having the potential to transform it into a relaxing space or a stylish swimming pool. The property does not have water, so it must be filled with tanker trucks. Views: From the top floor you will enjoy unobstructed views of the mountain , a guaranteed visual respite. Versatile construction: Two floors with completely independent entrances . Ideal for living in one and renting out the other, or for families seeking independence under one roof. Don t miss this opportunity! Properties with this level of appreciation potential are hard to find. Contact us today to arrange a viewing and discover everything this corner of Palma has to offer. The sale price of the property includes the real estate agency fees, which will be paid by the seller, but does not include the Property Transfer Tax (ITP), which will be 8% for sales up to 400,000 or the corresponding VAT. Notary and land registry fees are estimated at approximately 2% of the sale price and must be paid by the buyers upon signing the public deed. The tax percentage is calculated on the final price stated in the public deed and may vary depending on subsidies, grants, age, the sale price, and other circumstances of the taxpayer.Real estate agency registered in the Official Register of Real Estate Agents of the Balearic Islands with the REGISTRATION NUMBER: GOIBE730402/2024.