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thinkSPAIN Logo Properties

Apartment for sale in Son Cotoner, Palma de Mallorca, Mallorca

  • € 940,000
  • 179 m2
  • 10
  • 10
Properties

€ 940,000

Ref. 9814370

  • 10 bedroom Apartment for sale in Palma de Mallorca - € 940,000 (Ref: 9814370)
  • 10 bedroom Apartment for sale in Palma de Mallorca - € 940,000 (Ref: 9814370)
  • 10 bedroom Apartment for sale in Palma de Mallorca - € 940,000 (Ref: 9814370)
  • 10 bedroom Apartment for sale in Palma de Mallorca - € 940,000 (Ref: 9814370)
  • 10 bedroom Apartment for sale in Palma de Mallorca - € 940,000 (Ref: 9814370)
  • 10 bedroom Apartment for sale in Palma de Mallorca - € 940,000 (Ref: 9814370)
  • 10 bedroom Apartment for sale in Palma de Mallorca - € 940,000 (Ref: 9814370)
  • 10 bedroom Apartment for sale in Palma de Mallorca - € 940,000 (Ref: 9814370)
  • 10 bedroom Apartment for sale in Palma de Mallorca - € 940,000 (Ref: 9814370)
  • 10 bedroom Apartment for sale in Palma de Mallorca - € 940,000 (Ref: 9814370)
  • 10 bedroom Apartment for sale in Palma de Mallorca - € 940,000 (Ref: 9814370)
  • 10 bedroom Apartment for sale in Palma de Mallorca - € 940,000 (Ref: 9814370)
  • 10 bedroom Apartment for sale in Palma de Mallorca - € 940,000 (Ref: 9814370)
  • 10 bedroom Apartment for sale in Palma de Mallorca - € 940,000 (Ref: 9814370)
  • 10 bedroom Apartment for sale in Palma de Mallorca - € 940,000 (Ref: 9814370)
  • 10 bedroom Apartment for sale in Palma de Mallorca - € 940,000 (Ref: 9814370)
  • 10 bedroom Apartment for sale in Palma de Mallorca - € 940,000 (Ref: 9814370)
  • 10 bedroom Apartment for sale in Palma de Mallorca - € 940,000 (Ref: 9814370)
  • 10 bedroom Apartment for sale in Palma de Mallorca - € 940,000 (Ref: 9814370)
1/19

€ 940,000

Apartment for sale in Son Cotoner, Palma de Mallorca, Mallorca

  • 179 m2
  • 10
  • 10

Description

An opportunity arises to invest in a property in its final stages of development, conceived from the outset as a coliving space and geared towards an international demographic of digital nomads.

This real estate asset boasts a defined and managed operating model, generating an estimated annual revenue of €96,000 and offering a return of approximately 10%. Its operational structure is ready to function from day one.

The project, under the SoundCo-Living · Sa Riera Park concept in Palma, comprises 10 independent units with en-suite bathrooms, optimized to maximize revenue per square meter and ensure consistently high occupancy.

Located in the Son Cotoner area, the property enjoys a strategic position within Palma, close to Plaza Madrid, Santa Catalina, and Paseo Mallorca, providing easy access to the city center, services, and the most dynamic areas of the city.

The property features:
• 10 fully designed rooms for individual use
• Complete common areas (coworking space, double kitchen, common room)
• Communal terrace
• Layout designed for operational efficiency

The marketing and management of the property are already structured through a specialized company, allowing for professional operation from the outset, which offers the investor:
• Recurring income stream
• Defined operational structure
• Growing demand (digital nomads)
• Physical asset as collateral

Investment opportunities are available through equity participation, with flexible structuring options:
• Direct ownership
• Corporate vehicle
• Equity participation with agreed-upon return

With real estate collateral and the option to adapt the structure to the investor's profile.

Location

Son Cotoner, Palma de Mallorca, Mallorca The location has not been provided.

Features

  • Apartment
  • Bedrooms: 10
  • Bathrooms: 10
  • Build Size: 179 m2
  • Terrace/Balcony
  • Energy Certificate (Consumption): C
  • Energy Certificate (Emissions): C

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€
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€ 2,985 per month*

+ € 76,900 taxes (€ 75,200) & expenses (€ 1,700)*

*Please note that the results are only a guide and not a mortgage offer or quote.

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Ref. 9814370

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  1. Spain
  2. Balearic Islands
  3. Mallorca
  4. Palma de Mallorca
  5. Ponent
  6. Son Cotoner
  7. 10 bedroom Apartment for sale in Son Cotoner, Palma de Mallorca - € 940,000 (Ref: 9814370)