These Exceptional property in Palma de Mallorca opens up a wide range of opportunities in the heart of the city and combines a central location with impressive development potential.
The unit currently used as office space is located on the 5th floor of a well-kept office and residential building with a total of nine floors and offers a total area of approx. 160 m². Two elevators ensure convenient access. The prestigious entrance area of the building is under video surveillance and is also attended by a receptionist. Particularly noteworthy is the spacious Balcony, offering a direct view of Palma’s vibrant city life and giving the property a rare combination of urban charm and open space. Despite its central location, the house boasts a peaceful atmosphere—a clear advantage for working, living, or future conversion.
Currently, the unit features an open-plan office layout and two separate restrooms. Thanks to the existing official approval, it is possible to convert the space into a 4-bedroom apartment or, alternatively, into two separate 3-bedroom apartments. Current plans, including those for the 4-room apartment, are available and provide clear planning certainty. The conversion requires a comprehensive renovation, offering investors and owner-occupiers the opportunity to realize a customized living concept tailored to their own vision. Whether as a high-end urban residence or a high-yield residential solution, the flexibility of this property is a key added value.
It is also possible to rent a parking space in the same building, which is a significant advantage given its central location.
The features of this property
- Office unit approx. 160m²
- 5th floor of a total of 9 floors
- Two elevators in the building
- Quiet office and residential building
- Video-monitored entrance area
- Receptionist in the building
- Spacious balcony with a view of city life
- Two toilets
- Approval for conversion into a 4-room apartment, Alternatively, two 3-room apartments
Architect's plans for the redesign available
Comprehensive refurbishment necessary - Parking space rental possible in the building
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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