Excellent investment opportunity in El Terreno, Palma. This is a semi-detached house with an approved executive project and building licence granted for a complete renovation. With an estimated budget of approximately €800,000, construction can begin immediately. The project comprises the following layout:- Ground floor (156 m²): Includes two terraces measuring 12 m² and 14 m². - First floor (109 m²): Features a balcony and a patio, both measuring 6 m², with pleasant views of the sea and the cathedral. - Roof terrace (82 m²): Exclusive space with a 9 m² private swimming pool. The resulting property will have 4 bedrooms, 4 bathrooms, 2 guest toilets, a separate study and an open-plan kitchen integrated into a spacious living-dining room. All rooms and outdoor areas are designed to maximise natural light and the Mediterranean climate. This is an ideal opportunity to develop a high-end residence in one of the most sought-after areas of the city. Locality and places of interestSince the middle of the last century, Palma de Majorca, has become a locality that has intelligently known how to conserve its rich cultural and architectural heritage, without forgetting to offer the best services possible to tourists and residents. The city is well-known for its varied offer of art galleries and museums as well as for its excellent shopping in one of the countless fashionable designer boutiques.