An exceptional investment opportunity in one of the most sought-after residential areas of Santa Ponsa, in the southwest of Mallorca. This urban plot of approximately 1,265 m² is located in a peaceful and prestigious setting, surrounded by elegant villas, Mediterranean landscapes and some of the island's most renowned golf courses. The property currently holds a valid building license for a contemporary luxury single-family villa, allowing the future owner to start from an advanced urban planning phase without facing the usual lengthy licensing process. The approved project features a modern villa distributed over two floors plus basement, with approximately 453 m² of buildable area above ground level, an extensive basement level, private pool, elevator, pergola, double-height spaces, garage, wellness area, cinema room and several auxiliary spaces. A key added value of this plot is the possibility of modifying the current single-family dwelling license to multi-family residential use, with said license change currently in process. This opens the door to a potential residential development of apartments, making the property an especially attractive option for developers and investors seeking to maximize the potential of the land in one of Mallorca's most solid real estate markets. The location offers an excellent balance between privacy, lifestyle and connectivity. Santa Ponsa beach, the marina, Port Adriano, golf courses, restaurants, supermarkets, sports clubs and all essential services are within close reach. Palma is approximately 20 minutes drive away and the international airport is around 30 minutes away. With urban classification, solid buildability, an approved villa project and the possibility of conversion to multi-family use, this plot represents a strategic opportunity for private buyers, developers and investors seeking a high-value project in southwest Mallorca.