Apartment complex with rental license

Amenities and special features of this house

Type: House • Region: South East • Construction year: 1980 • Total surface: 305 ㎡ • Bedrooms: 11 • Bathrooms: 6 • Plot size: 1,011 ㎡ • Terrace • Swimmingpool • Heating type: Oil • Floor type: Tiles

This property is a Mediterranean-style apartment complex with six residential units in a sought-after location close to the beach, offering an attractive investment opportunity with immediate tourism income potential. Thanks to the valid ETV licence, separate tourist rentals of all six units are permitted. Set on a 1,000 m² plot, the property offers a total built area of 305 m². It comprises five apartments, each with two bedrooms, as well as one additional one-bedroom apartment. Every apartment features a private bathroom and is equipped with air conditioning and heating, ensuring year-round comfort and making the property ideally suited for year-round rentals. Ongoing operations have been organised efficiently, allowing check-ins and check-outs to be handled with minimal staffing. A well-maintained shared pool with an area of 37 m², along with the walking distance to the beach, ensures consistently strong tourist demand and above-average occupancy. The combination of a prime location, an existing tourist rental licence and professionally organised management makes this property an excellent investment. It offers immediate income, an established rental setup and long-term attractive return prospects in one of the most sought-after coastal locations.

Cala d'Or: Location and surroundings of this property

Cala d'Or, the "golden bay", is a community of about 4,000 inhabitants in the Migjorn region, located just 60 kilometers south of Palma. The nearest major city Santanyí is around 15 kilometers away. From the airport in Palma to Cala d‘Or takes about an hour drive to Cala d'Or. The rugged cliff coast around Cala d'Or is broken by numerous small fine sandy bays – there is something for every taste. If you stroll through Cala d'Or, you will notice a clear difference to the usual resorts of Mallorca: the buildings usually have only two floors, everywhere the white washed façade captivates and pine trees line the streets. The cubic architecture or the entire style of Cala d'Or reminds of Ibiza. The cubic architecture or the entire style of Cala d'Or reminds of Ibiza. There is always lively entertainment in the summer months; in the off season Cala d'Or is much quieter. In addition to a large pedestrian area with numerous shops and restaurants, which runs through the city, there is also a so-called "old district". This is close to the pedestrian area - but still wonderfully quiet and is dominated by Ibizan houses. The exclusive marina, with almost 600 moorings, is one of the larger and more luxurious marinas and offers a wide range of bars and restaurants. Here you should spend your time especially in the evening and enjoy the beautiful sunset.

Energy Information

Year of construction: 1980 • Energy consumption value: 157.6 kWh/(m2*a) • CO2 emission: 41.3 kg/m2 • CO2 Emission Rating: E • Heating type: Oil • Energy efficiency rating: E

Commission details

Availability upon agreement

Engel & Völkers recommends having a qualified specialist check the legal situation of the construction. All material is based upon information, which Engel & Völkers considers reliable, but because third parties have supplied it, Engel & Völkes cannot represent that it is accurate or complete, and it should not be relied upon as such. This offering is subject to errors, omissions, and change of price or withdrawal without notice. Availability upon agreement. Taxes, notary and register fees must be paid by the purchaser, the commission for the estate agency must be paid by the seller as stipulated in the sales mandate.