€ 2,000,000
Business for sale in Cala Millor, Son Servera, Mallorca
- 16
- 716 m2
Description
This rare investment opportunity is located directly on the coveted beach promenade of Cala Millor - one of the liveliest and most visited vacation regions of Mallorca. With unobstructable sea views and a prime location right on the beach, this property combines potential, size and potential returns.
The mixed-use building has a total area of over 1,030 m², spread over three floors above ground and a spacious basement. An already approved basic design for a boutique hotel in the 4-star category with 16 rooms and 29 guest beds is included. Furthermore, according to building regulations, it is possible to extend the current built-up area by 20% without increasing the number of guests - ideal for additional facilities such as a roof terrace, spa or suites.
The building requires a complete refurbishment. Planning permission has already been granted for a comprehensive renovation, meaning that work can begin immediately. A digital render of the project gives a clear idea of the planned final state and its attractiveness.
Key investor highlights:
- First-class location directly by the sea in Cala Millor with breathtaking views
- 1,038.56 m² total area (incl. 516.06 m² basement)
- Approved project design for a 4-star hotel
- 29 hotel places / 16 rooms
- 20 % expansion potential without increasing the number of guests
- Approved building permit already in place
- Connected to public supply and sewage networks
This property offers a strategic repositioning opportunity for investors in the growing Mallorcan tourism market. At a time when seafront properties are becoming increasingly rare, this property represents an excellent opportunity to realize a forward-looking hotel project in a premium location.
Features
- Business
- Bathrooms: 16
- Plot: 716 m2
- Energy Efficiency Rating: In Progress