Engel & Völkers
property image

Investment opportunity: Renovation property in Palma's Old Town

€1,100,000
  • 3 Bedrooms
  • 3 Bathrooms
  • 418 m² Total surface
  • 343 m² Living area
  • 49 m² Terrace surface

Description

Welcome to the heart of Palma's Old Town, where traditional Mallorcan charm meets modern luxury. This incredible renovation project represents an appealing investment opportunity and presents a townhouse that represents a piece of history of Palma's Old Town. The purchase price includes the building in its current state including a licence for the renovation and creation of two flats. The first flat presents a modern loft style and will include a spacious bedroom and a cosy pool terrace. This terrace will create a private oasis for relaxation and entertaining, perfect for sunny days and balmy evenings. The second flat is a duplex penthouse that will combine elegance and sophistication on two levels. With two generous bedrooms, including a luxurious master bedroom, and an additional roof terrace, this flat offers stunning views of the surrounding historic streets and monuments. It is an ideal retreat to enjoy the Mediterranean lifestyle to the fullest. Its location in the old town offers easy access to Palma's vibrant culture, charming boutiques, renowned restaurants and picturesque squares. Every day here is filled with endless discoveries and charm as you stroll through the cobbled streets and enjoy the beauty of the surroundings. If you are looking for a lucrative investment opportunity, this renovation project offers a unique chance to acquire a part of Palma's rich heritage. Seize this opportunity and be inspired by the beauty and potential of this exceptional property.

Features
Terrace
engel & völkers shop image

Engel & Völkers Palma Centre

Your advisor: Fan Cheng Wu

Property ID: W-02VCX0

Property details

Object type

Flat

Bedrooms

3

Bathrooms

3

Total surface

418 m²

Living area

343 m²

Terrace surface

49 m²

Energy efficiency information

Construction year

1900

Energy certificate available

In progress

Contact the provider

Get more information about this property

Country

I agree with the processing of my data for the purpose of searching for properties and being contacted by . If I provide my telephone number, I also consent to being contacted by telephone. My above data may be passed on to a suitable local license partner from the Engel & Völkers Group for the purpose of establishing contact.

You can find out in detail which data stores, what rights you have in this context, and how to revoke your consent for the future at any time in the privacy policy.

Potential homebuyers smiling and talking to a realtor
E&V Finance Logo

We will find the best financing option for you

  • Non-binding consulting
  • Comprehensive service
  • Tailor made finance solution

Nearby properties

These homes might interest you

  • Charming newly built apartment in the harbor of Palma

    Paseo Maritimo, Palma, Balearic Islands, Spain

    Charming newly built apartment in the harbor of Palma

    €1,320,000

    • 2 Bedrooms2 Bathrooms81 m² Living area7 m² Terrace surface
  • Modern Duplex Ground Floor in a renovated Manor House

    Centre, Palma, Balearic Islands, Spain

    Modern Duplex Ground Floor in a renovated Manor House

    €1,300,000

    • 2 Bedrooms3 Bathrooms191 m² Living area
  • Bright and spacious renovated apartment

    Paseo Maritimo, Palma, Balearic Islands, Spain

    Bright and spacious renovated apartment

    €1,295,000

    • 3 Bedrooms2 Bathrooms190 m² Living area40 m² Terrace surface
  • Renovated flat with balcony and lift

    Centre, Palma, Balearic Islands, Spain

    Renovated flat with balcony and lift

    €1,295,000

    • 3 Bedrooms2 Bathrooms172 m² Living area
  • Luxurious Seaside Apartment with Stunning Views

    San Agustin, Palma, Balearic Islands, Spain

    Luxurious Seaside Apartment with Stunning Views

    €1,295,000

    • 3 Bedrooms2 Bathrooms140 m² Living area
  • Elegant apartment with wintergarden in the Old Town - Palma de Mallorca

    Centre, Palma, Balearic Islands, Spain

    Elegant apartment with wintergarden in the Old Town - Palma de Mallorca

    €1,290,000

    • 3 Bedrooms3 Bathrooms186 m² Living area
  • Newly built modern duplex penthouse

    Platja de Palma, Palma, Balearic Islands, Spain

    Newly built modern duplex penthouse

    €1,290,000

    • 3 Bedrooms3 Bathrooms140 m² Living area
  • Charming townhouse with terrace, lift & garage

    Centre, Palma, Balearic Islands, Spain

    Charming townhouse with terrace, lift & garage

    €1,290,000

    • 3 Bedrooms2 Bathrooms217 m² Living area
  • Renovated semi-detached house with panoramic views in Arabella Park

    Golf Son Quint, Municipality of Palma, Balearic Islands, Spain

    Renovated semi-detached house with panoramic views in Arabella Park

    €1,290,000

    • 4 Bedrooms3 Bathrooms223 m² Living area354 m² Plot surface
  • Fantastic apartment with spacious garden and community pool in Bendinat

    Bendinat, Calvià, Balearic Islands, Spain

    Fantastic apartment with spacious garden and community pool in Bendinat

    €1,280,000

    • 2 Bedrooms2 Bathrooms127 m² Living area23 m² Terrace surface
  • Urban hideaway: newly-built ground floor flat with its own parking space

    Llevant de Palma District, Palma, Balearic Islands, Spain

    Urban hideaway: newly-built ground floor flat with its own parking space

    €1,275,000

    • 3 Bedrooms3 Bathrooms182 m² Living area116 m² Terrace surface
  • Modern Penthouse with Breathtaking Views, Lift, and Parking in Foners

    Llevant de Palma District, Palma, Balearic Islands, Spain

    Modern Penthouse with Breathtaking Views, Lift, and Parking in Foners

    €1,270,000

    • 2 Bedrooms2 Bathrooms107 m² Living area10 m² Terrace surface
Apartments for sale in Palma

Your shop

Engel & Völkers Palma Centre

engel & völkers shop image

Provider:

D'Alt Murada Re S.L.

License partner of Balearev GmbH

Commission details

Engel & Völkers recommends having a qualified specialist check the legal situation of the construction. All material is based upon information, which Engel & Völkers considers reliable, but because third parties have supplied it, Engel & Völkes cannot represent that it is accurate or complete, and it should not be relied upon as such. This offering is subject to errors, omissions, and change of price or withdrawal without notice. Availability upon agreement. Taxes, notary and register fees must be paid by the purchaser, the commission for the estate agency must be paid by the seller as stipulated in the sales mandate.

wavy pattern