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 900m2 property combines architectural heritage with a consolidated business model.

Key Features

Total area: 900m2 built / 870m2 usable

Licenses: Restaurant, bar, café, gallery, events, club

Condition: Fully renovated and operational

Strategic Location

Nueva Gomila – El Terreno – The epicenter of Mediterranean luxury

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 (280m2)

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 (260m2)

Hall with two panoramic terraces

Five versatile rooms

Exclusive access to the turret

Second Floor – VIP Area (120m2)

Exclusive room with private terrace

360° panoramic viewpoint of the sea

Lower Level – Events Center (210m2)

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

Revenue Streams
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

Property Details

Built area: 900m2

Private gardens: 200m2

Ceiling height: 3.5–4 meters

Dual street access

Infrastructure

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 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.