Investor jewel on the first sea line - project plot with hotel permit in Cala Millor

This unique investment opportunity is located directly on the highly sought-after seafront promenade of Cala Millor – one of Mallorca’s most vibrant and visited holiday regions. With sea views and a prime frontline beach location, this property combines potential, size, and profitability. The mixed-use building has a total area of over 1,030 m², distributed across 3 above-ground floors and a spacious basement. Prior to the COVID-19 pandemic, a renovation project had already been approved for a 4-star boutique hotel with 16 rooms and 29 guest beds. However, due to the expiration of the execution deadline, this would need to be reapplied for. Current building regulations allow for a 20% increase in the existing built area without increasing the number of guests, making it ideal for additional facilities such as a rooftop terrace, a spa, or suites. The building requires a complete renovation. A full refurbishment permit had previously been granted, but it has expired and must be reapplied for. The Cala Millor municipality is currently more receptive when granting building permits, meaning that construction work can begin within a short timeframe. A digital rendering of the project provides a clear vision of the intended final result and its appeal. Key highlights for investors: Prime seafront location in Cala Millor with stunning views 1,038.56 m² total area (incl. 516.06 m² basement) Potential project for a 4-star hotel 29 hotel beds / 16 rooms 20% expansion potential without increasing guest capacity Building permit granted before COVID-19 – reapplication required due to expiration Connected to public utilities and sewage systems This property offers a strategic repositioning opportunity for investors in Mallorca’s growing tourism market. At a time when beachfront plots are becoming increasingly scarce, this asset represents an excellent opportunity to develop a forward-looking hotel project in a prime location.