INVESTMENT OPPORTUNITY IN FONERS AREA – NEAR THE CONGRESS PALACE AND THE SEA 100 m² apartment to renovate with key delivery projection and strong appreciation potential Located in the sought-after Foners area in Palma, just a few minutes' walk from the beach, the Paseo Marítimo and the Congress Palace, this first-floor apartment of 100 m² built offers enormous transformation potential. A strategic property ideal for both property investors and individuals seeking a custom home by the sea with excellent connections. As it requires major renovation work (including roof refurbishment and adaptation), the property is currently unoccupied. The municipal licensing process (estimated between 9 and 12 months) will allow management of early contract termination with tenants, opening the door to having the property free and vacant at the start of the work. Why is this an excellent opportunity? Strategic and coastal location: Steps away from Ca'n Pere Antoni beach, the Congress Palace and Palma's centre, in one of the areas with the highest residential and premium rental potential. Possibility of early occupancy: The need for major renovation work and the current vacancy facilitate negotiating early possession delivery before 2029. Time to process permits: The major renovation permit management period allows you to design the architecture and interior design project with complete peace of mind. Appreciation after renovation: The structural intervention and complete interior renovation (kitchen, bathrooms, installations and finishes) will position the property as a high-demand product in a constantly appreciating coastal area. CURRENT LAYOUT (100 m²) 3 spacious bedrooms. 1 complete bathroom to renovate. Separate kitchen. Gallery / rear utility room with excellent cross ventilation. Stately building with few residents and comfortable access (1st floor). Contact us to receive the complete technical file and inquire about the sale conditions.