€ 372,000
Flat for sale in Nou Llevant, Palma de Mallorca, Mallorca
- 100 m2
- 3
- 1
Description
This very bright apartment with excellent renovation potential is located on the first floor with a south-facing front balcony, in a building currently undergoing a full refurbishment in Nou Llevant. The property benefits from a desirable south orientation, ensuring abundant natural light throughout the day.
The building is currently being completely renovated, including a full façade restructuring with new aluminium frames and double-glazed Climalit windows, the addition of ground-floor units, and the installation of a lift, which will significantly enhance the overall value of the property.
Nou Llevant is one of Palma’s most up-and-coming areas, undergoing constant transformation and growth. Its proximity to the sea and the city centre, combined with excellent connections to the rest of the city, make it a highly strategic location. The neighbourhood offers supermarkets, schools, green areas and a wide range of leisure and dining options, making it ideal both as a primary residence and as an investment opportunity.
The apartment comprises three bedrooms, one full bathroom, a fully equipped independent kitchen (no gas supply), a utility room, and a living-dining area with direct access to the front-facing balcony overlooking the street, which enhances the natural brightness of the main living space.
The property requires updating, representing an excellent opportunity to carry out a bespoke renovation and significantly increase its value. Particularly noteworthy is the strong potential of this property, both due to its attractive price and the comprehensive renovation of the building, which will include a lift and a fully renewed façade with aluminium exterior carpentry and double glazing. A strategic investment in a rapidly developing area.
The property does not include a parking space or storage room; however, parking in the area is generally easy, and the spacious layout allows for comfortable storage without the need for additional space. At the time of completion, the property will be transferred fully up to date with all community fees and property-related taxes.
Features
- Flat
- Bedrooms: 3
- Bathrooms: 1
- Build Size: 100 m2
- Storeys: 4
- Energy Efficiency Rating: In Progress