€ 399,000
Finca/Country House for sale in El Terreno, Palma de Mallorca, Mallorca
- 180 m2
- 9
- 5
Description
Unique investment opportunity in Palma with great development potential and profitability.
An integrated 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 90 m2 built according to the register, currently distributed across several homes, rooms, a garage, and a patio. It also features a free-ceiling layout and multiple development possibilities.
Ideal both for investors who want to maintain the current return and for developers or individuals looking for a project with high revaluation potential. There is the possibility to renovate the existing units and sell them separately, redistribute spaces, or develop new storeys and increase buildability (subject to planning regulations and the corresponding licenses). It has two cadastral references and several homes within each of them.
Located in an area with high demand in Palma, this property represents an excellent opportunity due to its versatility, outlook, and potential for future exploitation.
Features
- Finca/Country House
- Bedrooms: 9
- Bathrooms: 5
- Build Size: 180 m2
- Energy Certificate (Consumption): G
- Energy Certificate (Emissions): G