Sindicat Building

Entire building for sale located on Calle Sindicato, one of Palma’s most emblematic pedestrian streets with high footfall, right in the heart of the city, making it a strategic opportunity both for investment and for the development of a bespoke project; the property offers approximately 304 sqm of built area distributed over several levels, including a ground floor with an entrance of around 6 sqm and a currently operating commercial unit, two upper floors designated for residential use with approximately 115 sqm each, offering extensive possibilities for redistribution, refurbishment or even subdivision depending on the project, and a top-floor penthouse of around 80 sqm with a private terrace, abundant natural light and great potential to create an exclusive living space; the building is currently vacant, allowing for immediate intervention, and although it requires refurbishment, it provides a solid base for the development of a residential, commercial or mixed-use project in one of the most sought-after areas of Palma; a property with character, prime location and significant value-add potential, ideal for investors or developers seeking a distinctive asset in the historic centre of the city. Some of the images in this listing have been generated using AI and do not correspond to the current condition of the property, but are intended to provide a vision of how each space could look after being redesigned.