Log In/Sign Up
Your email has been sent.
Zona centro Apartment Building $870,534 Palma, Islas Baleares 07011
Some information has been automatically translated.
Investment Highlights
- In the heart of Palma.
- Investment opportunity.
Executive Summary
Ref: 3396-13114
Building layout on the plot: Building between party walls/attached/closed block building.
Vertical communication cores in residential buildings: Single staircase core, No elevator.
Average number of apartments per floor: 1
Real estate asset with high potential for appreciation, located in one of the most established and sought-after urban areas of Palma de Mallorca. This is an ideal building for investment, repositioning, or residential development, in an area with excellent services, transportation, and proximity to the city center.
The property currently has active tenants, allowing for immediate profitability (although they are old contracts) and, at the same time, a progressive strategy for improvement or rehabilitation.
The first and second floors each consist of a single apartment occupying the entire surface of approximately 121 m2. The ground floor has about 80 square meters, with a 12-meter garage. There is a small storage room of about 11 meters.
The apartment on the second floor is currently rented under an old contract.
Building layout on the plot: Building between party walls/attached/closed block building.
Vertical communication cores in residential buildings: Single staircase core, No elevator.
Average number of apartments per floor: 1
Real estate asset with high potential for appreciation, located in one of the most established and sought-after urban areas of Palma de Mallorca. This is an ideal building for investment, repositioning, or residential development, in an area with excellent services, transportation, and proximity to the city center.
The property currently has active tenants, allowing for immediate profitability (although they are old contracts) and, at the same time, a progressive strategy for improvement or rehabilitation.
The first and second floors each consist of a single apartment occupying the entire surface of approximately 121 m2. The ground floor has about 80 square meters, with a 12-meter garage. There is a small storage room of about 11 meters.
The apartment on the second floor is currently rented under an old contract.
Property Facts
| Price | $870,534 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Property Type | Multifamily | Building Size | < 15,000 SF |
| Property Subtype | Apartment | Year Built | 1960 - 1969 |
| Price | $870,534 |
| Sale Type | Investment |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | < 15,000 SF |
| Year Built | 1960 - 1969 |
1 1
Contact
-
Jesús Porras Ortiz -
Re/Max Premium
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Zona centro
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.