Fix & flip unique opportunity in the heart of Cala Ratjada, Obj.8599

Description

In the heart of Cala Ratjada, you have a rare opportunity: this property opens up several attractive options - according to your ideas and goals.

Option 1: Renovate & move in yourself
Bring the house up to date with a tasteful renovation and enjoy your own home in the popular northeast of Mallorca. Peace, proximity to the beach and a Mediterranean lifestyle included.

Option 2: Fix & flip - sell at a profit
Modernize the existing property in a targeted manner and take advantage of the high demand for residential property in Cala Ratjada for a profitable resale.

Option 3: Demolition & new build - maximum investment potential
Take advantage of the property's full building potential and realize an attractive new construction project!
The following general conditions make the property particularly interesting for project developers:

Use: single-family house or apartment building

Maximum buildable area: 50%

Maximum building height: 12 m

Permitted development: Basement + first floor + 3 floors

Potential: Up to 8 new-build apartments

Conclusion:
Whether you want to realize your dream property, make a short-term profit or realize a larger construction project - this house offers you the perfect starting point.
Mr. Manuel Matenar will be happy to answer any questions or provide further information in our office in Cala Ratjada!