€ 525,000
Flat for sale in Palma de Mallorca, Mallorca
- 250 m2
- 5
- 3
Description
Two self-contained properties—ground floor and first floor—located about 100 metres from Playa de Palma, one of the most sought-after areas thanks to its coastal atmosphere, leisure facilities and excellent links to the city centre.
This prime location allows you to enjoy amenities within walking distance: supermarkets, restaurants, public transport, schools and the seafront promenade. The area has numerous bus links and direct access to Palma’s cycle path, ensuring excellent connectivity and convenience for residents and tourists.
The ground floor comprises three bedrooms, a full bathroom, a fully equipped separate kitchen and a functional, bright living-dining room. The first floor also features three bedrooms: two on the main floor and a third bedroom on the upper floor, which opens onto a spacious private terrace, ideal for enjoying the Mediterranean climate and time outdoors.
Both properties are in good condition and have long-term tenants, ensuring immediate returns for the investor. They feature aluminium windows, plenty of natural light and a practical layout for residential use.
Current rent:
Ground floor: €850/month
First floor: €600/month
These properties represent a solid and secure investment, as they generate income from day one while maintaining existing tenancy agreements. They have low service charges and are situated in an area in high demand for both tourism and residential living.
Two self-contained properties offering immediate returns in an unbeatable location next to Playa de Palma.
Features
- Flat
- Bedrooms: 5
- Bathrooms: 3
- Build Size: 250 m2
- Energy Efficiency Rating: In Progress