Engel & Völkers ID : C-650 | Spain, Mallorca, Palma, Palma Oldtown

Attractive Investment: Tenanted Loft in Prime Downtown Location

Price

2,200,000 EUR

Total surface

371 ㎡

Services and special features

This exceptional property impresses with its unique charm and first-class location in the heart of the city, just steps away from Calle Oms, La Rambla and Plaça España. With a total of approx. 370 m², including 300 m² of high-quality office or commercial space and 71 m² of generous outdoor area, this asset offers an outstanding sense of space. Originally built in 1905, the historic building has been extensively renovated by renowned local architects. High ceilings with exposed wooden beams, floor-to-ceiling windows and an open loft atmosphere combine historic character with modern design, creating a true architectural gem. Thanks to the existing long-term lease, this property represents an excellent investment opportunity. The bright and well-distributed spaces are ideal for the tenant’s ongoing operations. The spacious outdoor area creates a seamless connection between indoors and outdoors and underlines the representative character. The comprehensive refurbishment included restoration of the historic roof with thermal insulation and fire protection, floor insulation, new high-quality wooden windows, and modern air-conditioning, plumbing, electrical and fibre-optic installations for up to 40 workstations. The layout features four separate glazed offices, meeting areas, three fully equipped bathrooms, two pre-installed kitchen areas and a generous double-height workspace. Conclusion: A prestigious, exclusive property with exceptional character, already leased, making it a secure and first-class investment in a top city-centre location.

Type of property

Office

Total surface

371 ㎡

Palma Oldtown: Location and surroundings of this property

Contact your personal advisor

Mallorca Commercial

Mallorca Commercial

C/ Nuredduna, 12, Piso 1 Puerta 1A | Palma | Spain

Registry number: GOIBE728083/2024

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