Commercial for sale in Can Capes, Palma de Mallorca, Mallorca

Are you looking for an asset with high profitability in one of Palma's most promising areas?

We present this 100 m2 premises (90 m2 usable) located in Can Capes, a blank canvas ideal for investors specializing in change of use or in designing lofts.

Key points for the investor:
Estimated profitability: projected rental income of 1,200 €/month, which means a gross return above 7%.

Versatile space: currently distributed in 4 spacious rooms and 2 full bathrooms.

Architecture: high ceilings that provide a great sense of spaciousness, essential for a modern and attractive housing project.

Strategic location: street-level in a consolidated area, surrounded by services, public transport and a stone’s throw from the center.

Condition and possibilities:
The property is currently registered as a commercial premises, which represents an acquisition opportunity at a very competitive price per square meter (1,999 €/m2) compared to finished housing in the area.

Minimal community fees: only 20 €/month.

Structure: 1972 building in good condition of conservation.