Buy an apartment building in Palma (Llevant district), with potential for renovation: this exclusive Apartment building Built in 2015, this property offers a rare opportunity to combine modern living with Mediterranean charm, whether as a high-yield investment or as a private retreat on this sought-after island Majorca. A well-thought-out floor plan, stylish furnishings, and clean architectural lines combine contemporary living comfort with Mallorcan ease.
The property spans three well-maintained floors and features a bright, inviting stairwell that reflects the character and quality of the entire building. Each of the three residential units features its own self-contained apartment layout with optimal use of space, ideal for long-term rental, owner-occupancy, or a combination of both.
The first floor currently houses a restaurant with high development potential. A further residential unit could easily be integrated here through a well thought-out conversion. Alternatively, the property can also be purchased without the first floor premises at an attractive purchase price of EUR 530,000.
Ideal for investors and owner-occupiers
This property offers attractive investment opportunities and a high degree of flexibility, both for investors and for owner-occupiers who are looking to Palma are looking for a stylish home with additional usage options.
Call us to schedule your personal viewing: +49 177/3950331
The features of this property
- Year of construction 2015
- Complete apartment building over three floors
- Three separate one-bedroom apartments (each 30–55 square meters)
- Well-kept staircase
- The ground floor is currently used as commercial space; conversion into a residential unit is possible
- First-floor one-bedroom apartment, kitchen, bathroom, living and dining area, bedroom
- 2nd floor mirror-inverted to the 1st floor
- Compact apartment on the 3rd floor, with a bathroom, living and dining area, and access to a private terrace
- Air conditioning in all units, cooling and heating
- Potential to add two more floors
Other information about the property
All details are based on information and data provided to us by the seller/client. Mallorca Topimmobilien does not guarantee the completeness, correctness and up-to-dateness of the information or the legality of the property. The stated purchase price does not include additional costs to be borne by the buyer such as taxes, notary, land registry and gestoria costs.
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The broker/provider is solely responsible for the information provided here. If you have any questions about this property, please contact the estate agent only and not us.
Errors and omissions excepted. mallorcabsolut.com assumes no liability for the information provided here.
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