Commercial for sale in Foners, Palma de Mallorca, Mallorca

Local for sale with tenants and secured rent – Foners neighborhood, Palma, Reina Constança Street

Looking for a safe investment in Palma? This commercial space of 102 m2 built (95.83 m2 usable) located on the ground floor of a modern building (1995), with direct access from Reina Constança street, one of the most active and demanded areas of the city due to its proximity to the avenues.

Currently rented to solvent tenants, guaranteeing a monthly rent of €1,100, making it an excellent investment opportunity with immediate profitability. The current profitability is 7.33% gross.

The premises have:

- Front facade to the main street, with great visibility and pedestrian traffic.
- Very powerful, completely new exhaust outlet
- Independent warehouse for stock or material.
- Bathroom equipped for the disabled and entrance adapted for people with reduced mobility, guaranteeing accessibility.

Main features:
- Built area: 102.22 m2; usable area: 95.83 m2
- Fully renovated a little over 2 years ago
- Ground floor with direct street access
- Secured profitability: €1,100/month in rent
- Solvent tenants

Located in the Foners neighborhood, a few minutes from the center of Palma and major avenues, it is an area with high residential and commercial movement. The area has all services (supermarkets, schools, public transport, dining) and is in continuous revalorization.

A strategic location that guarantees the stability of current tenants as well as the appeal of future transactions.

Ideal for investors seeking a safe asset, with profitability from day one and in a area with great projection for Palma.