Description
Two buildings, each with two housing units and a pool, are distributed over a basement level for garages and laundry rooms, as well as a ground floor and a first floor. These units are connected by an internal staircase in each home. The buildability of the plot is 0.60 m², meaning 270 m² can be built on each of the plots.~~The rest of the plot will provide access to the homes, with garden areas at the front and back of each one.~~In this area, the current estimated rental price is between €1,500 and €1,800 per property, which is expected to increase once the project is completed, providing a minimum return of 6.3%.~~In general, the real estate market in Algaida is characterized by its diversity and appeal, attracting both those seeking a luxury second home and those looking to invest in quieter properties. The combination of natural beauty, historical heritage, and proximity to Palma makes Algaida a popular destination in Mallorca’s real estate market.~~Algaida is also in demand by families and local residents looking for permanent homes in a quiet, natural setting, but well-connected to Palma. These properties can be either renovated village houses or modern Mallorcan fincas that blend tradition with modern comfort.~~For more information, please don't hesitate to contact us! We will be happy to assist you!
