€ 730,000
Townhouse for sale in Llucmajor, Mallorca
- 595 m2
- 6
- 6
- 150 m2
Description
Investment opportunity
This magnificent townhouse with 571 m² built area is distributed over 3 floors, with a fully approved renovation project, allowing construction to begin immediately. The project envisions a high-end property that will combine traditional character with modern comfort and the following features:
Ground floor: two parking spaces, a spacious private terrace with swimming pool, and one bedroom with an en-suite bathroom.
First floor: three bedrooms, all with en-suite bathrooms.
Second floor: two additional bedrooms, also with en-suite bathrooms.
In total, the property will feature 6 en-suite bedrooms, making it ideal for luxury residential use or as a high-yield investment.
From an investment perspective, this is an especially attractive opportunity, as the current price is EUR 730,000 (~€1,100/m²) and the estimated price after renovation is EUR 1,700,000 (~€2,980/m²). Considering that the market price in Llucmajor ranges between € 3,600 and € 4,000 per m², there is potential for appreciation and profit generation.
This property has great potential and is suitable for investors looking to maximize returns in a location with growing demand.
Features
- Townhouse
- Bedrooms: 6
- Bathrooms: 6
- Build Size: 595 m2
- Plot: 150 m2
- Energy Efficiency Rating: In Progress