Apartment for sale in Palma de Mallorca, Mallorca

Description of object:
This exclusive multi-party house from 2015 offers a rare opportunity to combine modern living with Mediterranean charm - whether as a high-yield investment or as a private retreat on the coveted island of Mallorca. With a well thought-out room layout, stylish furnishings and clear architectural lines, this property combines contemporary living comfort with Mallorcan ease.

The property extends over three well-kept floors and impresses with a bright, inviting staircase that reflects the character and quality of the entire building. Each of the three residential units impresses with its own self-contained flat concept with optimal use of space - ideal for permanent rental, for use as a holiday residence or as a combination of both.

The ground floor currently houses a commercial space with high development potential. With a well thought-out remodelling, a further residential unit can easily be integrated here - a value-enhancing option that allows for flexible use.
Alternatively, the property can also be acquired without the ground floor premises at an attractive purchase price of EUR530,000.

Ideal for investors and owner-occupiers
This property combines attractive yield opportunities with a high degree of flexibility - both for investors who want to rent out several residential units and for owner-occupiers who are looking for a stylish home with additional usage options in Mallorca.

Fixture and fittings:
- Year of construction 2015

- Complete multi-party house with three
floors

- Three separate 1-room flats (30-55 m² each)

- Well-maintained staircase

- Ground floor: Currently used as commercial space,
potentially convertible into a flat

- 1st floor: 1-room flat with kitchen, bathroom, living
and dining area and bedroom

- 2nd floor: 1-room flat with kitchen, bathroom, living
and dining area and bedroom

- 3rd floor: Compact flat with bathroom, living and
dining area, access to private terrace

- Air conditioning in all units (cooling & heating)

- Potential to add two further floors

Location:
The Llevant district is located in the eastern part of Palma and is an insider tip among connoisseurs. Here, urban infrastructure, established neighbourhoods and the Mediterranean lifestyle combine to create a special quality of life. Shopping facilities, schools, cafés and restaurants are all within walking distance. The proximity to the historic old town and the sea makes Llevant particularly attractive - both for locals and international investors.

Thanks to constant development in terms of quality of life and infrastructure, Llevant is considered a future-proof location with great potential. Anyone looking for peace, authenticity and proximity to the centre will find the ideal retreat here - whether for their own use or for long-term rental.