€ 299,000
Apartment for sale in Centro, Palma de Mallorca, Mallorca
- 46 m2
- 1
- 1
Description
Located in the heart of Palma's historic Old Town, just a few steps from Plaza Cort, this apartment represents a rare opportunity thanks to its unbeatable location-to-price ratio.
The property features one bedroom, one bathroom, and an open-plan kitchen leading into the living and dining area. It is completely exterior, enjoying pleasant views over a quiet pedestrian street. Full of the charm and character of Palma's historic centre, it is an ideal home as well as an excellent investment opportunity.
A unique property offered at an incomparable price in one of Palma's most exclusive and sought-after locations.
From an investment perspective, this apartment offers outstanding potential. With only a light refurbishment, its market value could approach €8,000/m2. It is currently rented on a monthly basis, generating a rental income of €1,400 per month, making it an attractive income-producing asset. Furthermore, its prime location ensures strong long-term appreciation potential.
Features
- Apartment
- Bedrooms: 1
- Bathrooms: 1
- Build Size: 46 m2
- Floor number: 1
- Energy Certificate (Consumption): G
- Energy Certificate (Emissions): G