Engel & Völkers ID : C-445 | Spain, Mallorca, Palma, Palma Oldtown

Lonja Suites - Outstanding Investment Opportunity

Price

2,800,000 EUR

Total surface

303 ㎡

Services and special features

Don't miss this investment opportunity in Palma! An extraordinary opportunity presents itself with this fully five-storey building, impeccably maintained, boasting four fully equipped luxury flats, each complete with its own kitchen. This property comes with a coveted ten-bed inland tourism license, making it a dream location for investment. Furthermore, the ground floor of this building is perfectly suited for commercial use, making it an excellent choice for starting a business, be it a shop or a bar. This property offers an exceptional investment opportunity, projecting an annual return of over 6%. Beyond the allure of the luxury flats and unbeatable location, you also have the potential to generate additional income through the commercial ground floor space. Feel free to reach out for more details and seize this golden opportunity in Palma!

Type of property

Hotel

Total surface

303 ㎡

Palma Oldtown: Location and surroundings of this property

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Mallorca Commercial

Mallorca Commercial

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

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