Investment Opportunity in Palma de Mallorca: Villa with ETV Licence or Plot for 14 apartments

Discover an investment opportunity in Mallorca that combines Mediterranean living, holiday rental potential and residential development prospects in Cala Mayor, Palma. Buyers can explore two acquisition options: a villa for sale with an ETV licence, suitable for private enjoyment and licensed holiday letting, or a wider plot acquisition with potential for the construction of up to 14 apartments, subject to confirmation of planning parameters and the necessary approvals. The villa and the wider development option represent different acquisition scopes, with further details available on request. The existing sea-view villa was renovated in 2026 and offers approximately 243 m² of constructed space, including around 202 m² of usable interior space, on a 535 m² plot. Five bedrooms and three bathrooms provide accommodation for family life and visiting guests, while approximately 160 m² of terraces extend the living experience outdoors. Southwest orientation creates an inviting setting for relaxed afternoons and Mediterranean evenings. For buyers searching for a villa for sale with an ETV licence in Palma, the appeal lies in combining a personal Mallorca retreat with holiday rental use under the existing licence and its applicable conditions. For developers, the wider acquisition offers the opportunity to explore an apartment project in an established coastal neighbourhood. Whether the priority is a holiday home, a rental property or future development, this investment opportunity in Mallorca deserves a closer look.

Location — Cala Mayor, Palma de Mallorca: Mediterranean Beach Life Close to the City. Cala Mayor combines the appeal of a coastal neighbourhood with convenient access to Palma’s urban lifestyle, creating an attractive setting for an investment opportunity in Mallorca. Situated in the second sea line, approximately 40 metres from the beach, the property offers a location where the Mediterranean becomes part of everyday life. A morning swim, breakfast at a nearby café or an evening stroll along the waterfront capture the lifestyle that makes this part of Palma appealing to residents and holiday visitors. The immediate surroundings offer restaurants, cafés, shops and everyday services, allowing owners and guests to enjoy the neighbourhood on foot. For buyers seeking a villa for sale with an ETV licence in Palma, this combination of beach proximity and local amenities provides a clear attraction for private stays and holiday rental use. Beyond its immediate coastal setting, Cala Mayor benefits from its connection to the island’s capital. Palma’s historic centre, shopping streets, cultural attractions and varied dining scene complement the relaxed atmosphere beside the sea. The nearby Marivent Palace and the Fundació Miró Mallorca add a distinctive cultural identity to the area, while neighbouring Cala Nova and the southwest coast broaden the options for leisure and exploration. For buyers considering the wider residential development option, the location offers a compelling starting point: an established neighbourhood where beach life and access to city services come together. Whether the objective is a personal residence, a holiday home or an investment opportunity in Mallorca, Cala Mayor offers a Mediterranean setting closely connected to Palma.

Renovated in 2026, this sea-view villa combines Mediterranean character with practical features for private living and holiday rental use. Five bedrooms and three bathrooms provide space for family and guests, while the fitted kitchen with a generous dining area creates a welcoming setting for shared meals. Built-in wardrobes offer integrated storage, and tiled floors, double-glazed windows and shutters complement the interiors. Central gas heating is installed, and air conditioning is preinstalled, allowing the future owner to arrange its completion according to individual requirements. Approximately 160 m² of terraces extend the living experience outdoors, providing space for al fresco dining, sunbathing and relaxed evenings. The private garden, southwest orientation and sea views enhance the Mediterranean atmosphere. A storage room adds everyday practicality, and the villa is connected to mains water and electricity. The possibility of adding a small swimming pool could be explored, subject to technical feasibility and the necessary approvals. For buyers seeking a villa for sale with an ETV licence in Palma, the existing holiday rental licence adds flexibility to combine personal stays with authorised tourist accommodation under its applicable conditions. With renovated interiors, generous outdoor areas and accommodation for family and visitors, this investment opportunity in Mallorca offers a versatile foundation for Mediterranean living.

When considering this HOUSE for sale, the financial picture is just as attractive as the property itself. Acquisition costs include the progressive Property Transfer Tax (ITP): 8% on the first €400,000, 9% on the next €200,000, 10% on the next €400,000, 12% on the remaining €800,000. For a Villa for sale priced at €1,800,000, the total ITP is €186,000. Additional costs include approximately €4,000 for notary fees, €2,000 for a gestor, and around €3,000 for other administrative expenses. Altogether, the additional costs amount to about €195,000, bringing the total investment to roughly €1,995,000 — a compelling figure considering the home’s rental performance, location, and long‑term value growth.