Dream home in El Molinar: New build in a prime location – completion at the end of 2024

El Molinar has become significantly more attractive in recent years and is now one of the most sought-after residential areas in Europe. The search for the perfect property in 2023/2024 requires patience, especially in a neighborhood characterized by charming, but often renovation-needy fishermen’s houses. The question of ‘renovation or demolition?’ arises not only in terms of financial considerations, but also with regard to the time required and construction know-how.

Building new houses is becoming increasingly difficult, as suitable plots are scarce and the waiting time for building permits can be discouraging. As a rule, a new build takes around 3–4 years, with obtaining the building permit alone often taking 2 years.

All the more welcome is the news that we will finally be starting construction on our plot at Calle Amengual 15 in the coming months. So if you are looking for a new build in a prime location, you will likely be able to enjoy your new home by the end of 2024.

The plot offers the opportunity to build a brand-new, flawless townhouse just a few meters from the popular promenade. Planned is a house with 3 bedrooms and two bathrooms over two floors, with a built area of 226 m².

On the ground floor is the living-dining room with its own pool, while the sleeping areas are on the upper floor. The master bedroom has an en-suite bathroom and faces the front of the house. The house will also have a beautiful roof terrace where you can enjoy views over the surroundings. The price for the property is 2,390,000 euros.

Feel free to contact us for a detailed sales dossier. We look forward to supporting you in making your dream home a reality.

El Molinar is a historic neighborhood in Palma de Mallorca, located directly by the sea. It is a quiet and charming place that has preserved its original character while also exuding a modern flair. In recent years, the neighborhood has developed into one of the most sought-after residential areas in Europe. Here you will find everything from recommended restaurants and cafés to grocery stores, pharmacies, and of course the nearby beaches.

El Molinar is known for its beautiful promenade that runs along the sea. The promenade is the perfect place for sport, whether running, cycling, inline skating, or even surfing.

This area also has good transport connections and is easy to reach by public transport or by car. It is only a few minutes from Palma Airport and is also easy to reach from Palma by bus or bicycle. Here you can read an interesting article about the history of the picturesque neighborhood of El Molinar.