Commercial space in Playa de Palma

€2,000,000

547 m² Total surface
302 m² Plot surface

Description

This street is world famous because it is known as the "Beer Street" after the German market. It is the only leisure street on the promenade. The pedestrian zone, with its numerous terraces and shops, is a must for all tourists in this area. The premises are located right in the centre of this emblematic street, close to 2 of Palma's most famous restaurants: El Chiringuito Beach House and BONITO Kitchen & Cocktails. This venue is currently a renovation property, there is a project available to take over. It has a valid club music/disco licence up to 4am. The location is sensational and the product is a fantastic investment. It consists of 3 floors, the basement area, the shop area and a first floor. 138

Engel & Völkers Commercial Mallorca

+34 871 622 222

Your advisor: Office Palma

Property ID: OI-SMA-138

Property details

Property type

Store

Condition

Needs renovation

Total surface

547 m²

Plot surface

302 m²

Energy efficiency information

Energy certificate available

Location: Platja de Palma, Municipality of Palma

This place is located in the best area of Playa de Palma. Less than 1 square kilometre away, you will find the best hotels on this beach: seven 5-star hotels + seventeen 4-star superior+ hotels and many other 4-star hotels make up the hotel complex. Some of these hotels are: 4 Iberosat Hotels, 5 RIU Hotels, Pure Salt, H. Playa Golf. The proximity to the beach and the fact that the street is one of the most famous among tourists guarantees a high footfall. Playa de Palma is working to offer a whole year business. Already some hotels and businesses have understood the trend and in the future this zone will promise more business all year round..

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