Located in one of the most central areas of Palma, this building is being sold with an approved project and license ready to start developing. The project includes a ground-floor commercial space and four apartments (one on each floor). This a fantastic opportunity for developers and investors to own a complete building that enjoys excellent infrastructure, sports, commercial, and public transport options.One of the best-preserved old towns in Spain featuring the most amazing Gothic architecture in the Mediterranean surrounded by hundreds of narrow streets, excellent shopping, great restaurants, art galleries, museums, and amazing ancient passages leading to important historic monuments, landmark buildings, and the jewel of the crown: Catedral Santa Maria, La Seu. It is very popular for the nightlife and offers very trendy places to visit, like Passeig del Born, Avenida de Jaume III, Passeig de la Rambla, La Llonja and some of the most visited “Plazas”, such as Plaza Santa Eulalia, Plaza Cort, Plaza Mercat and Plaza Mayor among others. Casco Antiguo is one of the most desirable districts for property investment. Many of them have been renovated over the past few years and turned into luxury apartments, fitted with all the modern amenities.