Flat for sale in Playa de Palma, Palma de Mallorca, Mallorca

Basement apartment for sale in El Arenal, Palma de Mallorca, a very affordable opportunity in a high-demand area close to the sea.

The property offers approximately 42 m² of interior space, plus a small storage room of about 3 m², giving a total usable area of around 45 m².

The property requires a full renovation, making it ideal for investors or buyers looking to purchase well below market price and adapt the space to their own needs. It currently has small windows and limited natural light, typical characteristics of this type of property, offering the possibility to redesign the layout during renovation.

The apartment is currently rented for €350 per month, although the contract will end soon, allowing the new owner to renovate or implement a new investment strategy.

Located in El Arenal, Palma de Mallorca, close to shops, services, public transport and just minutes from the sea, this property represents a rare low-price opportunity in the current market.