New construction Ocean View in Palma de Mallorca

Real estate in Ocean View

Discover an exquisite new luxury villa located in a prime area of the picturesque Son Vida neighborhood in the city of Palma de Mallorca. Renowned for being one of the most sought-after destinations in Europe, this exclusive contract offers a unique opportunity to own a piece of this paradise.

Advantages of a new building

This property is a new construction project, currently underway, that promises to meet the highest standards of luxury. With a spacious plot spanning 2102 square meters, the villa offers breathtaking, unobstructed sea views across the bay. A generously built living area of 754 square meters (including 584 square meters of pure living space) adds to its appeal. The villa is crafted with top-notch materials, typical of the region—natural stone and ceramics—ensuring an elegant finish.

Boasting 6 bedrooms, each with an accompanying bathroom, including an additional guest bathroom, the main suite alone covers 40 square meters and includes a large bathroom and dressing room. The living room offers a remarkable 90 square meters of space, while the kitchen spans 50 square meters. Additional facilities include an elevator serving all floors, a dedicated gym, leisure rooms, and a garage with additional parking spaces. The house features gas underfloor heating and air conditioning throughout.

With pricing set between 12 million euros, the property is available at 10 million euros during the construction phase. Once fully finished, the cost increases by 2 million euros due to financing and interest losses. Additionally, such an investment typically spans 3 years from the start of land purchase and the initial application to the city, to final completion and key handover. Given Son Vida's property market, prices can appreciate by 2 million euros over three years, even solely due to annual value increases.

Life in the city Palma de Mallorca

Residing in Palma de Mallorca offers a unique blend of luxurious living with the charm of island life. The city provides cultural richness, vibrant local scenes, and stunning landscapes that make everyday life feel like a holiday. This luxurious villa is a gateway to a serene and sophisticated lifestyle in one of the world's most desired locales.

If this captivating villa has piqued your interest, please feel free to reach out for an appointment. Thank you for considering this exceptional opportunity.