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Alaró, Balearic Islands
Exceptional Investment Opportunity in Alaró
Price
€390,000
Located on a private and tranquil street in Alaró, this townhouse offers stunning, unobstructed views, making it a perfect project for investors seeking high potential. The house is distributed in three floors. As soon as you enter, you are greeted by a welcoming living room that opens up to a charming terrace, perfect for outdoor dining or relaxing. This level also includes a versatile spare room and a well-situated kitchen. On the first floor, you will find the master bedroom, which is generously sized, complemented by two smaller, well-lit rooms with captivating views. The third floor features an expansive terrace/solarium, providing breathtaking panoramic views, perfect for enjoying the scenic surroundings. This property is a blank canvas requiring total refurbishment, allowing investors to tailor the space to their vision and maximize its value. Seize the chance to transform this diamond in the rough into a remarkable residence. With its prime location, stunning views, and substantial potential, this townhouse is an ideal investment opportunity in Alaró.
Object type
Terraced House
Rooms
4
Bedrooms
3
Bathrooms
1
Number of Floors
3
Total surface
162 m²
Living area
162 m²
Plot surface
117 m²
Flooring
Tiles
Construction year
1902
Energy certificate available
In progress
Energy source
Electric heating
The picturesque village of Alaró is located in a quiet valley between two well-known mountains in the south of the Tramuntana mountain range. It is located in the centre of the island of Mallorca and currently has more than 5,700 inhabitants. It is about 20 minutes from the centre of Palma, as well as from the nearest beaches and the airport. It has numerous restaurants, as well as our beautiful Engel & Völkers office in the town square. It stands out for its old architecture and beautiful cobbled streets in the oldest part of the village, as well as for the surrounding nature. Alaró is home to a weekly market every Saturday, where one can find local fresh produce and clothes. In addition, its inhabitants of different nationalities give it a great cultural diversity. One of the most famous sights is the Castell d'Alaró, which is situated on the top of the mountain at an altitude of 822 metres and is listed as a site of cultural interest. The castle has stunning views of the Mallorcan countryside and as far as the bay of Palma, and is about two hours' walk from the centre of the village. It is a popular village for cyclists and hikers as it has some of the best routes on the island. The most important industry for the village was the shoe industry, which once numbered 30 factories, and today still includes the workshop of Tony Mora, world famous for his handmade cowboy boots.
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