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

Historic mansion in Mallorca

Art & Events Center with multiple commercial licenses.

Exceptional opportunity: Historic 1923 mansion transformed into a restaurant, club, and exclusive art and events center. Located in Nueva Gomila–El Terreno, this 900 m2 property combines architectural heritage with a consolidated business model.

Key features
- Total area: 900 m2 built / 870 m2 usable
- Licenses: Restaurant, bar, café, gallery, events, club
- Condition: Fully renovated and operational

Strategic location
- Nueva Gomila – El Terreno
- 5 minutes from Marina Palma Cuarentena
- Direct access from Avenida Joan Miró
- Heart of the cultural and nautical circuit
- Area undergoing major real estate expansion
- Close to the sea and key tourist attractions

Historic architecture
- Heritage from 1923
- Restored stately construction preserving Mallorcan essence with modern comforts

Unique features
- Turret with views of Bellver Castle and the Mediterranean
- Private Mediterranean gardens
- Ornamental domes with artistic installations
- Elegant terraces and porches
- Multiple independent entrances

Functional layout
- Ground floor – Social area (280 m2)
- Reception hall with 4-meter-high ceilings
- Two dining rooms for 80–100 guests
- Four full bathrooms
- Terraces with Mediterranean gardens
- First floor – Exhibition area (260 m2)
- Hall with two panoramic terraces
- Five versatile rooms
- Exclusive access to the turret
- Second floor – VIP area (120 m2)
- Exclusive room with private terrace
- 360° panoramic viewpoint of the sea
- Lower level – Events center (210 m2)
- Three modular rooms (20–150 people)
- Fully equipped professional kitchen
- Direct garden access

Licenses & business model
- Active commercial licenses: Art gallery; Restaurant & bar (up to 120 guests); Events & celebrations; Club (license includes live music and DJ sets); Café
- Consolidated business model
- Premium dining
- Art exhibitions
- Private events
- Exclusive club
- Space rentals

Expansion opportunities
- Boutique hotel
- Gourmet experiences
- Cultural events
- Luxury brand partnerships

Technical specifications
- Built area: 900 m2
- Private gardens: 200 m2
- Ceiling height: 3.5–4 meters
- Dual street access
- Zoned professional climate control
- Fully equipped industrial kitchen
- Integrated sound system
- Programmable LED lighting
- 24/7 security system
- Corporate-grade fiber optic internet

Competitive advantages
- Prime location: Exclusive Nueva Gomila district
- Multiple licenses: Complete commercial portfolio
- Heritage value: Protected historic property
- Established business: Solid clientele and reputation
- Operational flexibility: Multiple business models possible
- Privacy: Gardens in an urban center

Investment opportunity
- Investor profile: International hotel groups; Real estate investment funds; Heritage family offices; Hospitality investors; Luxury property developers
- Value proposition: A unique opportunity to acquire a historic asset with proven commercial potential in Palma’s most promising district
- Future outlook: As Nueva Gomila develops into a premier luxury district, this mansion is ideally positioned for sustained appreciation and cultural prominence in the Balearic Islands