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11

Luxury apartment complex for sale in Palma de Mallorca, Spain

€ 8,700,000
1,900 m²

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Description

Unique Majorcan LORD'S MANOR HOUSE in the Historic Heart of Mallorca

Located in one of the most privileged areas of Mallorca, this Majorcan manor, with approximately 1,900m2 of built area, is situated on the corner of three streets, giving it a character of exclusivity and distinction. From its location, one can enjoy impressive views of the churches in the area and partial views of the cathedral.

Development Opportunities
The property offers enormous development and valorisation possibilities.

Commercial Premises
Premises I: Surface area of 274m2 (153m2 on the ground floor and 121m2 in the basement), currently rented for €10,500/month.
Premises II: It has 145m2 (75m2 on the ground floor and 70m2 in the basement), rented for €4,500/month.
Premises III: A 40m2 space, rented for €1,200/month.

These commercial premises, completely renovated recently, represent a solid source of income.

Investment Potential
In addition to the income generated by the rental of the commercial premises, the manor presents a remarkable development potential. The possibility of enabling various luxury residential units increases the intrinsic value of this real estate asset, promising excellent profitability.

This manor is an architectural jewel that combines history, strategic location, and investment potential. It represents a unique opportunity to acquire and develop a property with great valorisation potential in the real estate market of Mallorca.

Mallorca, the largest island of the Balearic Islands in Spain, is a shining gem of the Mediterranean. Discover its dreamy beaches, spectacular natural landscapes, and rich history and culture. Mallorca is famous for its impressive coastline. Beaches like Es Trenc and Cala Agulla are renowned for their crystal-clear waters and white sand.

'In accordance with the sale instructions for the property, we provide certain details and use generic stock photos to maintain confidentiality. Further information will be disclosed upon signing a Non-Disclosure Agreement, and directly to the final buyer. Proof of funds will be requested.'

500

Details

External size
500 m²
Size
1,900 m²
Reference
EDF1676

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Palma de Mallorca - Balearic Islands

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Palma de Mallorca - Balearic Islands