Engel & Völkers ID : C-499 | Spain, Mallorca, Palma, Paseo Marítimo

Property with high turnover in top location

Price

2,400,000 EUR

Total surface

413 ㎡

Services and special features

This exclusive retail space is located in a high-quality building on Paseo Maritimo, one of the most sought-after locations in Palma de Mallorca. The building is characterised by its well-kept condition and unmistakable charm, making it a rare and sought-after property in the region. The spacious retail space extends over 413 square metres and is currently divided into four separate offices, which are let on long-term leases. Each office offers high-quality fit-out and is let to stable tenants, ensuring long-term income and representing a sound investment. In addition to the office units, the offer includes six garage spaces, which can also be let. These are already included in the price and offer additional income potential for the future owner. This property represents an outstanding investment opportunity, both due to the long-term secured rental income from the offices and the additional potential of the rentable garage spaces. The view of the development of the Paseo Maritimo and the harbour of Palma underline the future potential for increasing the value of this unique offer. - 4 rented retail spaces - 6 parking spaces - low service charges - Stable and good rental income - further value-enhancing location

Type of property

Office

Total surface

413 ㎡

Paseo Marítimo: Location and surroundings of this property

"Paseo Marítimo" or "Passeig Marítim" in Mallorquin refers to the beautiful promenade that runs parallel to Palma's seashore and extends from the Porto Pi shopping centre to Portixol. On the palm-lined promenade, you pass Palma's marina, where you can admire a variety of boats, from luxurious superyachts to Mallorcan fishing boats. You pass the former "Titos" with its famous past, the Palma Auditorium and the Santa Catalina quarter with its many restaurants and the market hall. Passing the Es Baluard Museum, you head towards the old town and the Almudaina Royal Castle with the impressive Sa Seu Cathedral right next to it. Further on, you pass Palma's city beach and end up in Portixol!

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Mallorca Commercial

Mallorca Commercial

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

Registry number: GOIBE728083/2024

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