Exceptional real estate project with two residential units and panoramic views in Alaró

House, Buy | Spain, Mallorca, Central, Alaró

Property Price

1,198,000 EUR

Price

Property Bedrooms

6

Bedrooms

Property Bathrooms

4

Bathrooms

Property Living area

313 ㎡

Living space

Property Total surface

313 ㎡

Total surface

Property Total surface

11,500 ㎡

Plot size

E&V ID W-02IZI8

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Amenities and special features of this house

Type: House • Region: Central • Total surface: 313 ㎡ • Total rooms: 7 • Bedrooms: 6 • Bathrooms: 4 • Living space: 313 ㎡ • Plot size: 11,500 ㎡ • Terrace • Swimmingpool • Heating: Ducted air-conditioned • Floor type: Tiles

Situated on the sought-after outskirts of Alaró, in a quiet setting with open views over the surrounding landscape, this rare property offering provides extensive potential for individual design. The gentle hillside location ensures privacy and enhances the distinctive character of the estate.
The property comprises two independent residential houses of historical origin, located on a single plot and each arranged over two levels. The buildings date back to before 1900 and are among the last remaining examples of traditional Mallorcan architecture in this area. In addition to the urban plot, the property is complemented by expansive adjoining rustic land.
A valid building permit with a fully developed renovation and extension concept is already in place for the ensemble. The approved plans provide for a contemporary redesign of both interior and exterior spaces, featuring generous layouts and a private swimming pool for each house. The concept successfully combines modern living standards with the preservation of the original architectural character.
Both houses can be used independently, offering a high degree of flexibility. Furthermore, there is the possibility of legally separating the units to create two independent properties, an attractive option for both owner-occupiers and long-term investors.
This is a rare opportunity that combines solid substance, an excellent location, and approved development potential, ideal for buyers who value authenticity while seeking to implement modern residential concepts.
The sale price includes the land, the project and/or the building permit, not the finished property. The buyer must confirm the current building regulations with an architect.

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Santa María

Santa María

Carrer Marquès de la Fontsanta 45a | Santa Maria | Spain

Registry number: GOIBE728083/2024

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

In process

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.

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