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Flat for sale in El Terreno, Palma de Mallorca, Mallorca

  • € 690,000
  • 222 m2
  • 5
  • 5
  • 351 m2

€ 690,000 Ref. 8321293

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Ref. 8321293
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  • 5 bedroom Flat for sale in Palma de Mallorca - € 690,000 (Ref: 8321293)
  • 5 bedroom Flat for sale in Palma de Mallorca - € 690,000 (Ref: 8321293)
  • 5 bedroom Flat for sale in Palma de Mallorca - € 690,000 (Ref: 8321293)
  • 5 bedroom Flat for sale in Palma de Mallorca - € 690,000 (Ref: 8321293)
  • 5 bedroom Flat for sale in Palma de Mallorca - € 690,000 (Ref: 8321293)
  • 5 bedroom Flat for sale in Palma de Mallorca - € 690,000 (Ref: 8321293)
  • 5 bedroom Flat for sale in Palma de Mallorca - € 690,000 (Ref: 8321293)
  • 5 bedroom Flat for sale in Palma de Mallorca - € 690,000 (Ref: 8321293)
  • 5 bedroom Flat for sale in Palma de Mallorca - € 690,000 (Ref: 8321293)
  • 5 bedroom Flat for sale in Palma de Mallorca - € 690,000 (Ref: 8321293)
  • 5 bedroom Flat for sale in Palma de Mallorca - € 690,000 (Ref: 8321293)
  • 5 bedroom Flat for sale in Palma de Mallorca - € 690,000 (Ref: 8321293)
  • 5 bedroom Flat for sale in Palma de Mallorca - € 690,000 (Ref: 8321293)
1/13

€ 690,000

Flat for sale in El Terreno, Palma de Mallorca, Mallorca

  • 222 m2
  • 5
  • 5
  • 351 m2

Description

Nestled in the heart of Palma De Mallorca's vibrant El Terreno neighbourhood, steps away from the bustling Gomila Square, this investment opportunity presents a unique renovation project with an approved license to completely renovate 3 separated apartments, each boasting its own independent terrace.

Apartment A is situated in the corner unit that bathes in natural light, and features open plan kitchen living area, 1 bedroom, 1 bathroom and a staircase that leads to a second-floor, hosting a delightful terrace—perfect for morning coffees or evening relaxation.

Apartment B offers a more spacious proposition with 2 double bedrooms, including a master bedroom complete with a walk-in wardrobe and an en-suite bathroom. The thoughtfully designed kitchen with dining area seamlessly flows into a separate living space. The charming 20sqm patio-terrace provides an outdoor retreat for gatherings. This apartment also benefits from an additional space that can be customized as a garage, storage, or creative studio, based on your lifestyle needs.

Apartment C features 2 bedrooms, one of which is en-suite, and a spacious kitchen dining living area that opens up to a generous 24 sqm patio-terrace. Additionally, there's a separated laundry room.

This project not only offers a lucrative investment opportunity but also a chance to craft bespoke living spaces in one of Palma's most sought-after locations. Whether you're looking to create your dream urban retreats or envisioning a profitable venture in premium apartment rentals, this project presents the perfect canvas to realize those dreams.

Location

El Terreno, Palma de Mallorca, Mallorca Location provided by the Advertiser

Features

  • Flat
  • Bedrooms: 5
  • Bathrooms: 5
  • Build Size: 222 m2
  • Plot: 351 m2
  • Year Built: 1935
  • Terrace/Balcony
  • Ground Floor
  • Energy Efficiency Rating: In Progress

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€ 2,191 per month*

+ € 56,900 taxes (€ 55,200) & expenses (€ 1,700)*

*Please note that the results are only a guide and not a mortgage offer or quote.

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+34 871 244 497

Ref. 8321293

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  1. Spain
  2. Balearic Islands
  3. Mallorca
  4. Palma de Mallorca
  5. Ponent
  6. El Terreno
  7. 5 bedroom Flat for sale in El Terreno, Palma de Mallorca - € 690,000 (Ref: 8321293)