Commercial for sale in Can Capes, Palma de Mallorca, Mallorca

Are you looking for a high-yield asset in one of Palma’s most promising areas?

We present this 100 m2 premises (90 m2 usable) located in Can Capes, a blank canvas ideal for specialized investors seeking a change of use or the creation of designer Lofts.

Key points for investors:
Estimated return: Projected rental income of 1,200 €/month, which equates to a gross yield of over 7%.

Versatile space: Currently laid out with 4 spacious rooms and 2 full bathrooms.

Architecture: High ceilings that provide a great sense of openness, essential for a modern, attractive housing project.

Strategic location: Street-level in a well-established area, surrounded by services, public transport, and just a short walk from the city centre.

Condition and opportunities:
The property is currently registered as retail premises, representing an opportunity to acquire it at a very competitive price per square metre (1,999 €/m2) compared with finished homes in the area.

Minimal community fees: Only 20 €/month.

Structure: A 1972 building in good condition.