Commercial premises for sale in L'Olivera - Amanecer

Excellent opportunity with possibility of change of use in L'Olivera – Palma

We present this interesting property located in L'Olivera, one of Palma's residential areas with the greatest growth and projection. A building with great potential offering multiple possibilities for both a residential and commercial project.

With approximately 393 m² built, the property is distributed over two floors and stands out for its spacious areas and versatility. On the first floor we find two open-plan offices of around 105 m² each, both with independent access from the landing and a convenient staircase with street-level entrance. Each space has its own bathroom, large windows facing the main street, and a pleasant rear terrace of around 15 m², perfect for creating a private outdoor space.

The property offers the possibility of looking into a change of use to residential, making it an excellent opportunity to develop spacious, customised homes in an increasingly sought-after location.

On the ground floor there is a large open-plan unit of approximately 176 m², with high ceilings and a spacious patio —currently covered— with great potential to be transformed into an attractive outdoor space.

Although the building needs updating, its solid structure, well preserved since 1960, offers an excellent foundation for developing a project with character and added value.

Located between Amanecer and Son Oliva, the L'Olivera neighbourhood has established itself as a quiet residential area, highly valued for its proximity to the centre of Palma and quick access to the Vía de Cintura.

✨ A property with space, possibilities and a strategic location, ideal for investors or for those looking to create a unique project in Palma.

📞 Contact us for more information or to arrange a viewing.

"The sale price of the property includes the real estate agency fees, which will be paid by the selling party, and does not include the property transfer tax (ITP), which will be 8% for purchases up to 400,000 €, or the corresponding VAT. Notary and land registry costs are estimated, as a guideline, at around 2% of the purchase price, and must be paid upon signing the corresponding public deed. The tax percentage is calculated on the final price stated in the public deed and may vary depending on subsidies, aid, age, purchase price and other circumstances of the taxpayer"