I'd read through the Palma Basics link Ron provided. As far as I a tell, there is no weight limit, barrel length limit, or anything else; it only has to be chambered in .223 or .308. For obvious sighting reasons, a minimum length barrel would be necessary to get both a good sight radius and reasonable velocity from your bullet of choice. The thing I would be concerned about given your original post is the 215 bullet weight. In F-TR, we can use an 18.18 lb (8.25 kg) rifle/scope/bipod combination, which is supported front and rear. Even under those conditions, some people find the recoil of the 215s simply too much to effectively manage. In an unsupported rifle, I can't imagine it would get any better. I also don't imagine having to manually support an 18+ lb rifle is going to be everyone's cup of tea. Spend some time and find out what specifications are commonly in use by people winning matches. If you are going to build a Palma rifle, you might as well build one that is compatible with any rules and will be as competitive as possible, given the limitations you are working with, such as the Mauser action.
In terms of determining optimal freebore for seating the 215s, there are several ways to go about it. I simply subtracted the [published] base to ogive length of the 200.20X from that of the 215 Hybrid (difference = 0.066"), and added that to the .180" freebore I'm using with the 200.20X, to get 0.246", or about .250" as I mentioned above. There is some play to these numbers, I'm sure you could use any freebore in between about .200" and .250" and it would probably work just fine. However, the safest thing to do is simply seat some 215s in .308 brass to where you want them, then measure CBTO. Alternatively, I'm sure there are a few people here using the 215s in F-TR or F-Open, any one of them can tell you what freebore they're using and where the boattail/bearing surface is positioned in the neck at their optimal seating depth.