Living area
260 m2
Plot size
0 m2

Old Town Building

€ 1.090.000

Located on one of the bustling pedestrian streets in Palma, this impressive corner building is now available for purchase. It boasts plenty of natural light and sunshine throughout, and features a charming commercial space on the ground floor with an impressive corner showcase. The building comprises four floors, offering a separate apartment on each level - complete with one bedroom, a living room with an open kitchen, and a bathroom. Each apartment boasts front windows with balconies and southern-facing windows on the side facade, providing delightful sunshine and amazing views of the lively street below. Offering an excellent investment opportunity, the building comes with all five properties already rented out - making it a perfect choice for rental income. Also, the building is in good structural condition, having undergone technical inspection, and each apartment has its own certificate of occupancy and independent electricity supply meters. Finally, there's a terrace - solarium in the upper part, and the property comes with the potential of being rehabbed for future retail sale. Don't let this fantastic opportunity pass you by!


Listing Agent