Restaurant/Bar for sale in El Sindicat, Palma de Mallorca, Mallorca

This entire building with outstanding investment potential is located on Calle Sindicato in the heart of Palma’s historic centre. The property is situated on one of the city’s most emblematic pedestrian streets, surrounded by shops, restaurants and all essential services. The area is known for its vibrant commercial activity, its proximity to the main squares of the old town and its excellent public transport connections, making it a highly strategic location for both residential living and investment.
The building is distributed over several floors and offers multiple development possibilities. On the ground floor there is an entrance of approximately 6 m² together with a commercial premises currently in operation, providing an attractive immediate rental opportunity. The first and second floors each feature spacious residential units of approximately 115 m², offering significant potential for renovation or redistribution. On the top floor there is an approximately 80 m² apartment with a private terrace, very bright and with the potential to become an exclusive living space in the centre of Palma.
Thanks to its prime location and flexible layout, this property represents an excellent opportunity for investors looking to develop a residential project, combine residential units with commercial space or create a high-value asset in one of the most sought-after areas of the city.