Commercial for sale in Palma de Mallorca, Mallorca

Situated in the heart of Palma, this 1936 property is a remarkable example of rationalist architecture, featuring a pillar-based structure instead of traditional load-bearing walls. With a total of 745 m², it presents a unique opportunity for investment or residential and commercial development. Its listed façade and grand entrance staircase add to the building’s historical charm.

The layout includes a spacious 325 m² commercial space on the ground floor, which can be converted into parking, as well as a residence on the first and second floors with six bedrooms and two bathrooms. Additionally, there is the possibility of adding an extra floor on the rooftop. The first floor boasts a large terrace, perfect for enjoying Mallorca’s pleasant climate.

Located in a prime area of Palma’s city center, the property benefits from excellent connections and proximity to shops, restaurants, and essential services. Its south-facing orientation ensures abundant natural light, while the approved renovation project offers significant potential for added value.

Palma, the capital of the island of Mallorca, located in the bay of the same name, has a pleasant climate all year (17.9 ° C annual average). Known for its tourism and elegant shops, this city also offers a beautiful Old Town. The Cathedral, the Palace of the Almudaina, the Lonja square and the Plaza Mayor are some of the places that make this wonderful city so mystical. Palma has excellent public transportation and is just a 15 minute drive away from the international airport.