Engel & Völkers
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Rented retail space in the heart of Palma

€660,000
  • 130 m² Total surface

Description

This first-class retail space is located in one of Palma's most exclusive shopping streets and offers a unique opportunity for investors. The boutique is currently undergoing a high-quality refurbishment and, once the work is complete, will present itself in a stylish and modern design that meets the high standards of this sought-after location. The business premises are located in a lavishly refurbished, high-quality building that impresses with its elegant architecture and modern fittings. Thanks to a long-term and secure rental contract with an established tenant, you benefit from a stable source of income and an excellent return. The central location in Palma's exclusive shopping district guarantees high customer frequency and first-class visibility. This investment combines prestige, security and excellent profitability - a perfect opportunity for discerning investors. - sensational location in the old town of pàlma - 130m2 first occupancy after refurbishment - large shop window front 735

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Engel & Völkers Commercial Mallorca

Your advisor: Office Palma

Property ID: OI-SMA-735

Property details

Property type

Store

Condition

Rehabilitation done

Total surface

130 m²

Energy efficiency information

Construction year

2024

Energy certificate available

No

Location: Centre, Palma

The property is located in one of the most charming streets of Palma's old town, surrounded by historic buildings, upmarket shops, cafés and restaurants. The Sant Nicolau neighbourhood attracts many visitors all year round, including both locals and tourists, and is known for its lively atmosphere. With its proximity to cultural highlights such as La Seu Cathedral and exclusive shopping streets, this is one of the city's top addresses. It is probably one of the narrowest and most charming streets you will find in Palma. As you stroll through the beautiful cobbled streets, you will discover the true gems of the city. There are thousands of visitors, including tourists and residents, who decide to get lost in the streets that are full of art galleries, exclusive shops with designer clothes as well as mansions will more than surprise you.

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Engel & Völkers Commercial Mallorca

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Provider:

Mallorca Commercial

License partner of Engel&Völkers Commercial GmbH

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