Restaurant/Bar for sale in Las Maravillas, Palma de Mallorca, Mallorca

For sale is an established nightclub in one of Playa de Palma’s best-known nightlife and hospitality areas, located only around 100 metres from the beach.

Constructed in 1965, the property offers approximately 518 m² of built area and around 429 m² of interior space. The premises are fully designed for nightclub and event use and benefit from an existing licence for up to 320 guests.

A particularly valuable feature is the presence of two independent entrances, one of which is located directly on the famous Bierstrasse, known for its established nightlife and hospitality scene and its predominantly adult, high-spending clientele.

The nightclub is currently let under a long-term lease running until 21 October 2031. The current monthly rental income amounts to €6,500, equivalent to €78,000 per year at the present rent level. The lease additionally provides for an annual rent increase.

The current tenant generally operates the nightclub from May to November, while individual events also take place throughout the year. The existing licence allows the premises to be operated on a year-round basis.

The combination of an established nightclub use, existing tenant, high permitted guest capacity and immediate proximity to both the beach and Bierstrasse makes the property particularly interesting for investors seeking an income-producing commercial asset in one of Mallorca’s best-known leisure locations.

Layout
Interior area: approx. 429 m²
Built area: approx. 518 m²
Large dance floor
2 bar areas
Stage / performance platform
Separate ladies' restroom facilities
Separate men's restroom facilities

GOIBE468739/2024

Features
Use as a nightclub
Year of construction: 1965
Condition: normal / well-maintained used condition
Licence for up to 320 guests
2 separate entrances
One entrance directly on Bierstrasse
Hot and cold air conditioning
Heating via hot/cold air-conditioning system
Suitable for events and live performances
Year-round operation generally possible

Location

The nightclub is situated in Playa de Palma, only around 100 metres from the beach and seafront promenade.

One of its two entrances is located directly on the well-known Bierstrasse, an established part of Playa de Palma’s nightlife and hospitality scene.

The surrounding area benefits from a high volume of international visitors, numerous hotels, restaurants, bars and leisure facilities. Playa de Palma also offers excellent connections to both Palma Airport and the city of Palma.

Its immediate proximity to the beach, established nightlife location and potential for year-round operation provide attractive conditions for long-term commercial use.

Running costs
IBI property tax: approx. €4,900 per year
Waste collection tax: approx. €2,900 per year
Community fees: none stated

Tenancy
Current rental income: €6,500 per month
Current annual rental income: €78,000
Contractual annual rent increase
Lease expiry: 21 October 2031
Regular operation mainly from May to November
Additional events throughout the year
Year-round operation generally possible