Townhouse for sale in El Terreno, Palma de Mallorca, Mallorca

Unique investment opportunity in Palma with great development potential and profitability.

A real estate complex is for sale, currently made up of several homes and independent spaces, with a total of seven active rentals, generating immediate income from day one.

The property has approximately 193 m2 of land and about 180 m2 built according to the registry, currently distributed across several homes, rooms, a garage, and a patio. In addition, it has a free-ceiling layout and multiple development possibilities.

Ideal both for investors who want to maintain the current profitability and for developers or individuals looking for a project with great potential for capital growth. There is the possibility to renovate the existing units and sell them separately, redistribute the spaces, or develop additional storeys and increase buildability.

Located in an area with high demand in Palma, this property represents an excellent opportunity due to its versatility, outlook, and potential for future use.