Located in the center of Peguera, this property stands out for its excellent location just 300 meters from the beach and 250 meters from the famous boulevard, with a wide range of stores and services. It is one of the few plots in the area with an area of 1.182 sqm, in a highly demanded location and with good connection to Palma.The exterior offers a spacious pool area with sun terrace and space for sun loungers, ideal for developing a residential project with garden, relaxation and entertainment areas. The environment is urban, with perimeter vegetation that provides some privacy, and an orientation that allows you to enjoy the sun for much of the day.The existing building is old and requires a comprehensive reform. It currently has eight bedrooms and ten bathrooms distributed over two floors, although the rooms are small and are not in habitable condition. It is an ideal option for demolition and new construction, with the possibility of building up to 411 sqm and an occupancy of 35%. This property represents an interesting investment opportunity to develop a high standard contemporary home in a strategic area of the southwest coast of Mallorca.