A rare opportunity to acquire a complete building located in Old Town Palma with everything one requires for a comfortable lifestyle. The building requires a total renovation and is ideal as apartments or private residence for those requiring a large residence. It comes complete with 5 parking spaces and roof terrace overlooking the city. At present a project for 11 apartments with apporvaed licence. If a private dwelling is required, the new owners simply have to present a new project for aprobation.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 amazings ancient passage leading to important historic monuments, landmark buildings and the jewel of the crown: Catedral Santa Maria, La Seu. It is very popular for the night life 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 have been turned into luxury apartments, fitted with all the modern amenities.