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Apartment building investment for sale in central Palma, Mallorca


3.975.000 €

REF: SWOPAL10505PAL2

Residential building with ground floor commercial premises in central Palma

We are please to offer this unique investment opportunity, for sale in the centre of Palma, just a stone´s throw from the city´s famous landmarks, as well as designer shops, vibrant restaurants, and entertainment.

The price is for the entire building which comprises three storeys and a commercial premises on the ground floor.
There are two well-presented apartments, each containing two bedrooms and two bathrooms. These apartments also have outside space with fantastic views, one with a generous balcony, and the other with a roof terrace.
The building also contains a large studio that can be converted into an additional one bedroom apartment, making three dwelling in total.

The ground floor is home to a large space which currently garners €4.000 rent per month and is used as a boutique.

Contact us for more information about this unmissable property in one of Palma´s most prominent central locations.

Palma, the capital of the island of Mallorca, located in the bay of the same name, has a pleasant climate all year (17.9 ° C annual average). Known for its tourism and elegant shops, this city also offers a beautiful Old Town. The Cathedral, the Palace of the Almudaina, the Lonja square and the Plaza Mayor are some of the places that make this wonderful city so mystical. Palma has excellent public transportation and is just a 15 minute drive away from the international airport.

For additional information contact BALEARIC PROPERTIES ESTATE AGENTS MALLORCA by email or call the Puerto Portals Office (+34) 971 68 40 00 - See more details about other apartments for sale in Palma or find out more about buying a home in Palma .

"Balearic Properties has been in business on the Balearic Islands for many, many years. The company headquarters is on Mallorca and over the years, we have built up an unparalleled portfolio of properties to suit every budget, by means of which we have already successfully helped 10.000 clients find their new home on the Balearic Islands. Our project management and construction companies offer a unique range of luxury, turn-key villas to suit all individual and personal needs. We also offer over 200 holiday villas that guarantee our clients an unforgettable holiday experience.

Balearic Properties is the exclusive associate of Savills in Mallorca. The company offers clients a vast experience of over 20 years in the local property market. Our portfolio includes all sorts of modern villas, country homes, and trendy new developments in the best areas of Mallorca. Balearic Properties also specialises in waterfront properties and large estates. The company offers a complete, all-around property service including property management, holiday lettings, project management and legal services."

Property Highlights

  • Attic Room
  • Close to all Amenities
  • 5-10 minutes to shops
  • Air Conditioning
  • Balcony
  • Charming Property
  • Completely Equipped Kitchen
  • Air Conditioning Hot/Cold
  • Climalit windows
  • Built to High Standards
  • Full of Character
  • Guest Apartment
  • Good Rental Potential
  • Ideal Family Home
  • Wooden windows
  • Walking distance to shops
  • Various Terraces
  • Quality Residence
  • Near amenities
  • Investment Property
  • High Ceilings
  • Laundry room
  • Many Special Features
  • Private Terrace
  • Terrace balcony
  • Very Good Access
  • Walking distance to rest.
  • Wood Carpentry
  • Wooden doors
  • Wooden Beams
  • Well presented
  • Roof Terrace

Palma Old Town

The main attraction of the old town is obviously Palma's magnificent Gothic cathedral. La Seu has dominated Palma's skyline and waterfront ever since building began in 1230 AD. Mallorcans, never ones to rush things, finally completed the building 500 years later!...

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Alternatively you can call now under +34 971 532 984.

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