ETERRA
Mallorca · Active deal · Confidential

Permit Status.

Pòrtol, Marratxí — approval status and timeline.
ETERRA AG · Steinhausen, Switzerland · Document 03-14 · June 2026
Summary

Where the project stands

The Pòrtol site is zoned EQ1 (Wellness & Social) with an issued urban-planning certificate and an active engagement with the Ayuntamiento de Marratxí and the regional health authority. The site is at vendor-due-diligence stage; the building-permit submission follows finalisation of the acquisition and submission planning.

ZoningEQ1 — Wellness & Social (Ayuntamiento de Marratxí)
Approved buildable GFA21,000 m²
Planning certificateCèdula urbanística issued (2023) — see 03-09a / 03-09b
Development unitUE 1.02 — consolidated with signed neighbour LOIs (Solar E1, Solar A)
Current stageVendor due diligence · acquisition track · pre-submission
Timeline

Approvals to date, and what's next

2023
Urban planning certificate (cèdula urbanística)
Issued by the Ayuntamiento de Marratxí; site confirmed EQ1 (Wellness & Social). English translation on file (03-09a / 03-09b).
Aug 2023 – Mar 2025
Purchase option secured & extended
Option agreement (Aug 2023), addendum (Jan 2024) and two notarised extensions (to Aug 2024, then Mar 2025) over the Pòrtol parcels (03-13a–d).
Feb 2024
Health-authority engagement
Meeting with the Conselleria de Salut and Innova21 on the medical/wellness use (03-09e).
Apr 2025
Formal presentation to Marratxí city council
Project and statutes/bases of action presented to the Ayuntamiento (03-09h, 03-09f).
Apr–May 2025
Land registry & neighbour LOIs
Land-registry extracts for parcels 12211 & 33262 and registered options (03-11); signed LOIs from adjacent owners — Romaguera (Solar E1) and Bernabé (Solar A) — consolidating UE 1.02 (03-12).
2026 · Now
Vendor due diligence & acquisition track
Original option lapsed; acquisition is being progressed with a new counterparty (Palma) in parallel with submission planning.
2027 (target)
Building permit & construction start
Submission of the building permit on the approved 21,000 m² GFA, followed by construction start.
2029 (target)
Completion & operator hand-over
Opening as a medical longevity resort under an international brand operator.
Status as of June 2026 and indicative. The underlying originals (planning certificate, option chain, land registry, LOIs) are released as authentic originals under NDA; see folder 03.
CONFIDENTIAL — For authorised recipients only. Status is indicative and subject to the underlying official documents and ongoing administrative processes, which prevail. Nothing herein constitutes an offer or investment advice. ETERRA AG · Sumpfstrasse 15 · CH-6312 Steinhausen · Switzerland.