Two apartment buildings within walking distance of the beach

Amenities and special features of this house

Type: House • Region: South East • Construction year: 1980 • Total surface: 545 ㎡ • Bedrooms: 17 • Bathrooms: 12 • Plot size: 2,800 ㎡ • Terrace • Swimmingpool • Heating type: Oil • Floor type: Tiles

This offer includes two adjacent, independent properties in a desirable beach location, together providing a rare combination of immediately achievable tourist revenues and long-term development potential. The first property is a Mediterranean apartment complex with a valid ETV license that allows separate tourist rental of all six units. Situated on a 1,000 m² plot, there are 305 m² of living space, distributed across five apartments each with two bedrooms, and one unit with one bedroom. Thanks to air conditioning and oil heating with radiators in all units, year-round rental is possible - a crucial factor for stable, attractive returns. The ongoing management has been optimized so that check-ins and check-outs can be conducted with minimal staff effort. A well-maintained 37 m² communal pool and walking distance to the beach ensure consistently high tourist demand and thus above-average occupancy throughout the year. The second property is located on a 1,800 m² plot and includes six equally sized residential units with a total of 240 m² of living space. Each unit offers a bedroom, a living room with kitchen connections, and a bathroom, making it ideal for long-term rental to individuals or couples. This property also benefits from its quiet location in direct proximity to the beach, resulting in stable and reliable demand for living space. Particularly attractive is the additional development potential: The plot is divisible, and an extension of 300 m² of living space could be realized on the undeveloped part. This opens up the possibility of creating additional housing units or enhancing the existing structure, thereby significantly increasing the property's value. Since both plots are directly adjacent, an additional strategic advantage arises: Combined use or future overall development is easily possible, offering a variety of synergies - from joint management to potential expansion scenarios. Together, these two properties offer an exceptional investment base: Immediately economically usable tourist income from the ETV-licensed complex meets sustainable rental income and growth opportunities of the second property. A combination that protects capital, diversifies income, and simultaneously allows for strategic value increases - all in a location characterized by proximity to the beach, high quality of life, and long-term demand.

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 • Heating type: Oil

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.