Townhouse for sale in Palma de Mallorca, Mallorca

Building with multiple homes and a commercial space in El Coll d’en Rabassa

The building is for sale located on Trafalgar Street, a few 100 m from the sea, in one of the most desirable areas of Palma: El Coll d’en Rabassa.

The property is built on an urban plot of 440 m2 according to Cadastre, and has approximately 320 m2 built, distributed among several independent homes and a commercial space. The block is out of planning, so no extensions or substantial changes are allowed, although conservation, maintenance and improvement works without increasing volume are permitted.
01IMTS0781 Current distribution of the building:
-Apartment 1 (ground floor – 76 m2 + private patio of 32 m2): two-bedroom dwelling, one bathroom, living room with equipped kitchen and storage room.
-Apartment 2 (left first floor – 61 m2 + terrace): two bedrooms, bathroom, kitchen, living room and access to shared terrace.
-Apartment 3 (right first floor – 59 m2 + terrace): similar layout, two bedrooms and access to the terrace.
-Apartment 4 (ground floor interior – 82 m2): dwelling with several rooms, access from communal patio.
-Commercial space (39 m2): direct street access, ideal for a small business.
An annex space previously used as a hairdresser.

Highlight qualities:
-Exterior carpentry varied (aluminium, PVC or wood)
-Interior carpentry wood
-Air conditioning in various rooms
-Wood fireplace in one of the residences
-Tiled floors and parquet
-Private patios and terraces

Important note:
The property is out of urban planning, which means extensions or new registered units cannot be created, although it is possible to conserve, reform and adapt the existing spaces.
An ideal opportunity for:
-Investors who want to rent out several units
-Families seeking a set of independent homes on the same plot
-Entrepreneurs who want to combine living with a small business

Located in a privileged area with high demand, near the beach, FAN Mallorca, supermarkets, schools and with excellent connection to the city center and the airport.