€ 525,000
Flat for sale in Son Armadans, Palma de Mallorca, Mallorca
- 110 m2
- 2
- 1
Description
In Son Armadams, one of Palma's most sought-after areas, we present this unique apartment located on the first floor of a characterful building, formerly a guesthouse. The property boasts approximately 110 m² of living space and is currently distributed into two spacious bedrooms, offering exciting possibilities for redistribution according to the buyer's vision. It is particularly noteworthy for its high ceilings of over 3 meters, which lend spaciousness and character to all the rooms, as well as for its authentic hydraulic tile flooring, a highly valued feature that enhances the apartment's Mediterranean character. It features a fully furnished and equipped kitchen with natural gas, built-in wardrobes, and versatile spaces that allow for optimal use both as a residence and a business. Due to its size and layout, it is a very attractive option for investors seeking a rent-to-rent model, as well as for those considering converting it into an office, which is feasible as the homeowners' association permits it. Furthermore, there is the option to purchase it with an option to buy, offering financial and strategic flexibility. The property includes a communal storage room and access to a communal rooftop terrace, a valuable asset in this area. This is a unique opportunity with character, spaciousness, and multiple possibilities in a strategic location, close to the Paseo Marítimo, Santa Catalina, and the center of Palma.
Features
- Flat
- Bedrooms: 2
- Bathrooms: 1
- Build Size: 110 m2
- Storeys: 3
- Year Built: 1945
- Energy Efficiency Rating: In Progress