Beautiful old-town residential building with 8 apartments in Palma

house in Palma de Mallorca Old Town for sale reserved show big images

house Palma de Mallorca Old Town

Details:

This beautiful, over 100 years-old residential building is situated in a quiet old-town location only a few metres from the Plaza Major and Plaza Cort.

It is presently distributed over 8 apartments of which 4 are currently rented with contracts which expire shortly.

The building is in a good and well-maintained condition and many elements such as terracotta floors, mosaic arches and wooden windows are in a good condition and worthy of preservation.

A living space of 650 sqm is spread over 5 floors and a cellar level and is distributed as follows:

- Ground floor with 2 apartments of 96 sqm + cellar level with windows and 100 sqm which is classified as an apartment and is used as living area.
- Mezzanine floor of 96 sqm with 2 apartments.
- 1st and 2nd floors each with an apartment of 96 sqm.
- 3rd floor with an apartment of approx. 65 sqm + entrance and a bedroom of 30 sqm belonging to the penthouse apartment.
- 4th floor with a penthouse apartment of approx. 64 sqm living space + approx. 12 sqm terrace.

Returns from holiday lettings:

Returns Calculator In terms of property type, this property is suitable for holiday letting. For initial orientation you can use the “Porta Holiday Returns Calculator” without obligation to calculate your potential returns from holiday letting.

NB: Due to the current legal situation it is possible that in certain municipalities renting restrictions may apply, or new touristic licences may not be granted. Your Porta Mallorquina real estate consultant will be pleased to advise you whether the property you have chosen is affected. Go to Returns Calculator.

Location & surrounding area:

Make an expedition through the narrow alleys of the old town of Palma, have a look into one of the numerous Mediterranean patios. Drink a coffee or a glass of wine on one of the little squares. When you see the magnificent harbour and the impressive Cathedral beside the Almudaina Palace with its Arabic architectural style, you will now be aware of why exactly this city is famous as the pearl of the Mediterranean. The experience will be memorable.


This map shows the situation of the Palma de Mallorca Old Town in Mallorca. We have compiled a selection of the most beautiful beaches, golf courses, marinas and hotels and restaurants for you.


All information is correct to the best of our knowledge. Errors and prior sale excepted. This prospectus is purely for information purposes. Only the notarized deed of sale is legally binding.

112671

Palma de Mallorca Old Town

650 m²

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G

€ 1,850,000.-

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