Hotel for sale in Playa de Palma, Palma de Mallorca, Mallorca

Investment opportunity in one of the most sought-after coastal areas of Mallorca, in the surroundings of Molinar / Coll d'en Rabassa, with a privileged location by the sea.

The property corresponds to an old hotel building, currently used as a residence for the elderly, with authorised use since 1999.

Main features:

Approximately 1,860 m² built
About 30 rooms
Existing building with grandfathering protection
Location by the sea
About 5 minutes from Palma airport
About 10 minutes from the historic centre of Palma
Consolidated coastal area with year-round demand

Due to its location, surface area and configuration, the property offers different possibilities of exploitation and development, including concepts of senior residence, assisted living, long-term stays and apartments with services, always subject to the corresponding administrative authorisations.

A particularly interesting opportunity for investors and operators looking for a large asset in a strategic location in Mallorca.