APARTMENT

Renovation Investment Opportunity: Historic Apartment in Palma de Mallorca's Old Town

€ 395.000

This property offers the chance to live out the ultimate dream of owning a piece of Palma's old town. With two apartments on offer, one on the lower level and one on the first floor, this ancient building provides a unique opportunity to create a home steeped in history. The lower level apartment is in need of refurbishment, but the upper apartment has already been beautifully renovated to offer four bedrooms, one bathroom, a kitchen and a living-dining room. Many windows and doors are original to the building, having been carefully refurbished to maintain their historic charm, and both apartments feature original tiled flooring. The building as a whole has undergone a detailed restoration to preserve its character and the communal roof terrace offers magnificent views over Palma's rooftops. The two apartments can be purchased together or separately, with a total price of €845,000. Palma itself is a vibrant city with a charm all its own, boasting well-preserved historic architecture such as the Almudaina Palace and the nearby cathedral, La Seu. The city's 400,000 inhabitants also enjoy a well-established infrastructure, including schools, doctors and shops. Other highlights of this unique property include two patios and additional storage space.