Exceptional Investment Opportunity in Alaró

Amenities and special features of this house

Type: House • Region: Central • Construction year: 1902 • Total surface: 162 ㎡ • Terraces: 1 • Total rooms: 4 • Bedrooms: 3 • Bathrooms: 1 • Living space: 162 ㎡ • Plot size: 117 ㎡ • Kitchen • Fireplace • Furnished • Heating: • Fire type: Electric • Floor type: Tiles

Located on a private and tranquil street in Alaró, this townhouse offers stunning, unobstructed views, making it a perfect project for investors seeking high potential. The house is distributed in three floors. As soon as you enter, you are greeted by a welcoming living room that opens up to a charming terrace, perfect for outdoor dining or relaxing. This level also includes a versatile spare room and a well-situated kitchen. On the first floor, you will find the master bedroom, which is generously sized, complemented by two smaller, well-lit rooms with captivating views. The third floor features an expansive terrace/solarium, providing breathtaking panoramic views, perfect for enjoying the scenic surroundings. This property is a blank canvas requiring total refurbishment, allowing investors to tailor the space to their vision and maximize its value. Seize the chance to transform this diamond in the rough into a remarkable residence. With its prime location, stunning views, and substantial potential, this townhouse is an ideal investment opportunity in Alaró.

Alaró: Location and surroundings of this property

The picturesque village of Alaró is located in a quiet valley between two well-known mountains in the south of the Tramuntana mountain range. It is located in the centre of the island of Mallorca and currently has more than 5,700 inhabitants. It is about 20 minutes from the centre of Palma, as well as from the nearest beaches and the airport. It has numerous restaurants, as well as our beautiful Engel & Völkers office in the town square. It stands out for its old architecture and beautiful cobbled streets in the oldest part of the village, as well as for the surrounding nature. Alaró is home to a weekly market every Saturday, where one can find local fresh produce and clothes. In addition, its inhabitants of different nationalities give it a great cultural diversity. One of the most famous sights is the Castell d'Alaró, which is situated on the top of the mountain at an altitude of 822 metres and is listed as a site of cultural interest. The castle has stunning views of the Mallorcan countryside and as far as the bay of Palma, and is about two hours' walk from the centre of the village. It is a popular village for cyclists and hikers as it has some of the best routes on the island. The most important industry for the village was the shoe industry, which once numbered 30 factories, and today still includes the workshop of Tony Mora, world famous for his handmade cowboy boots.

Energy Information

Year of construction: 1902 • Fire type: Electric

Commission details

Availability upon agreement

Engel & Völkers acts solely as an intermediary and, in this capacity, cannot provide legal advice on building regulations or any other legal matters, nor can it guarantee the condition of the properties offered. All information is based exclusively on data provided by the owners to Engel & Völkers, and therefore no guarantee is given regarding the completeness, accuracy, and timeliness of this information. The offer is subject to errors, price changes, omission and/or withdrawal from the market without prior notice. It is recommended to engage a specialised lawyer to verify the legal and urbanistic status of the property and, if necessary, an independent surveyor to check the status of the property. Availability to be agreed. Transfer fees, VAT, notary and registration fees are to be incurred in the purchase are to be borne by the buyer. According to the sales form, the brokerage costs are to be paid by the seller.