We will find the best financing option for you
- Independent consulting
- Comprehensive service
- Tailor made finance solution
Llevant de Palma District, Municipality of Palma
Building with great potential in Playa de Palma
Price
€1,380,000
The spacious building of 4 apartments with a total of 9 rooms and several commercial premises, as well as warehouses and a basement. The building is to be renovated, it is located in Arenal, Palma de Mallorca, and offers great potential to build a total of 12 homes. The building consists of 2 apartment heights and several commercial premises on the ground floor, which provides various options for its use. In addition to the existing rooms, it has the possibility of building basements and parking spaces on the plot, which would increase the value and functionality of the building. Basements could be used for additional storage or common areas for residents. Parking garages would be a major benefit, especially in a tourist area like Arenal where parking availability may be limited. 248
Your advisor: García Pérez Carlos
Property ID: OI-SMA-248
Object type
Investment
Bathrooms
5
Total surface
330 m²
Plot surface
1,282 m²
Energy certificate available
No
The Arenal area in Palma de Mallorca is a very popular location to invest in the renovation of an apartment building. Arenal is known for its vibrant tourist scene and its proximity to the beach, which makes it a very attractive destination for visitors from all over. By investing in the reform of an apartment building in Arenal, you can take advantage of the growing demand for vacation accommodation and attract tourists looking to enjoy the beach, the sun and leisure activities. In addition, the area has excellent transport links, making it easy to access both from the airport and from other parts of the island.
Nearby properties
Your shop
Provider:
Engel & Völkers Mallorca Commercial
License partner of Engel&Völkers Commercial GmbH