Commercial for sale in Centro, Palma de Mallorca, Mallorca

An exceptional investment opportunity in one of Palma's most sought-after locations. This historic building, situated in the very heart of the city's Old Town and benefiting from registered hotel use, offers outstanding potential for the development of exclusive apartments.

The property comprises 763 sqm of built area distributed over five floors, providing generous spaces for a complete refurbishment designed to maximize its value and adapt it to the highest standards of today's premium market.

Overlooking a charming pedestrian square, the building enjoys pleasant open views and a unique setting full of character, surrounded by the rich architecture, culture, and atmosphere that define Palma's historic center. Its privileged location allows easy walking access to historical landmarks, art galleries, luxury boutiques, renowned restaurants, and the city's picturesque waterfront.

A unique asset for investors and developers seeking to create a landmark project in one of the Mediterranean's most exclusive destinations.

Key Features:

- 763 sqm built area.
- Five-floor building plus ground floor.
- Ideal for apartments.
- Views over a pedestrian square.
- Prime location in Palma's historic center.
- Excellent value-add and redevelopment potential.