€ 157,500
Flat for sale in Son Gotleu, Palma de Mallorca, Mallorca
- 58 m2
- 3
- 1
Description
Completely renovated ground floor apartment in Fra Joan Alcina Square, an ideal property both for investment with an approximate annual return of 8%, and for those seeking to live close to the center of Palma, with all amenities just steps away. Located on the ground floor, the apartment has been recently renovated with modern comfort and functionality in mind. It features three bright rooms, perfect for a master bedroom, children's room, office, or guest area. The modern bathroom boasts high-quality materials and a layout designed to maximize space. The separate kitchen has been completely renovated. It comes fully equipped and includes an integrated laundry area, providing great convenience for daily life and allowing for well-organized workspaces. The complete renovation allows you to move in without needing any additional investment, making this property a very attractive option both for those looking to establish their permanent residence and for those seeking a property ready to rent from day one. Thanks to its layout and excellent condition, this home is ideal for traditional or long-term rentals, with an estimated return of around 8% per year. The consistent rental demand in Palma, especially in well-connected areas close to the city center, reinforces the secure and appealing nature of this investment. The surrounding area is one of the property's greatest strengths. Located in one of Palma's best-connected neighborhoods, it is just minutes from Avenidas, the historic center, and the main shopping areas. Nearby streets offer supermarkets, pharmacies, and local shops, facilitating all your daily errands without the need for long journeys. The area is very well served by several bus lines that connect directly to both the city center and Playa de Palma, further enhancing the property's appeal for residents who use public transportation. Furthermore, it boasts quick access to the highway and the main roads in and out of the city, facilitating daily commutes. The surrounding area also includes schools, sports facilities, and public spaces, making this property a practical option for families, young couples, or professionals seeking a combination of comfort, amenities, and a prime location. Moreover, the area is undergoing significant urban renewal and improvement, a factor that increases its potential for appreciation in the medium and long term. All of this makes this renovated ground-floor apartment in Plaza de Fra Joan Alcina a very attractive opportunity, both as a home and as a sound investment. If you are looking for a comfortable, up-to-date home with excellent connections to the rest of the city, this property meets all the requirements. It's an opportunity to enjoy Palma with all the advantages of living close to the city center and the peace of mind that comes with a smart investment.
Features
- Flat
- Bedrooms: 3
- Bathrooms: 1
- Build Size: 58 m2
- Storeys: 5
- Year Built: 1964
- Energy Efficiency Rating: In Progress