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thinkSPAIN Logo Properties

Commercial for sale in Ponent, Palma de Mallorca, Mallorca

  • € 3,500,000
  • 1395 m2
Properties

€ 3,500,000

Ref. 9890297

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€ 3,500,000

Commercial for sale in Ponent, Palma de Mallorca, Mallorca

  • 1395 m2

Description

This project is an opportunity to transform a building in Palma into a high-end aparthotel or tourist complex.

Quick summary:
- 4-storey building with 15 projected apartments.
- Tourist license for 45 guests.
- Built area: 1,395 m².
- All apartments feature terraces and open views.
- Includes a rooftop terrace with potential to create a chill-out area.
- Sold with license and approved plans.
- There is already a renovation project designed to convert the building into this tourist concept.
- In addition, it includes an adjacent plot of 400 m², with the possibility of developing approximately an additional 480 m² across 3 floors.

Prime location, just a few minutes from:
Club de Mar (4 min)
Cala Major (5 min)
Porto Pi (3 min)
Nearby restaurants and services.

Planned layout:
- Basement floor: storage rooms, offices, machine room, and technical services.
- Ground floor: 6 apartments with terraces.
- First floor: 4 apartments + reception + café/bar.
- Second floor: 5 apartments + communal area like a library.

In short:
It is a turnkey project with a tourist license, ideal for an investor looking to develop a 15-unit boutique aparthotel in one of Palma’s best areas, with expansion potential thanks to the additional plot.

Location

Ponent, Palma de Mallorca, Mallorca The location has not been provided.

Features

  • Commercial
  • Build Size: 1395 m2
  • Lift
  • Energy Efficiency Rating: In Progress

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€
€
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€ 11,114 per month*

+ € 281,700 taxes (€ 280,000) & expenses (€ 1,700)*

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

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Ref. 9890297

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  1. Spain
  2. Balearic Islands
  3. Mallorca
  4. Palma de Mallorca
  5. Ponent
  6. Commercial for sale in Ponent, Palma de Mallorca - € 3,500,000 (Ref: 9890297)
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