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Amazing investment opportunity in Montuïri! A complete five-story residential building constructed in 1942, with a plot area of 248m2 and 538m2 built. This property is sold with a preliminary project for the renovation of 4 homes, which will include an elevator and a private pool on the penthouse, as well as a communal pool for the other residences. It is distributed across a semi-basement, ground
Amazing investment opportunity in Montuïri! A complete five-story residential building constructed in 1942, with a plot area of 248m2 and 538m2 built. This property is sold with a preliminary project for the renovation of 4 homes, which will include an elevator and a private pool on the penthouse, as well as a communal pool for the other residences. It is distributed across a semi-basement, ground floor, first floor, and duplex penthouse. Each floor offers different spaces to adapt to your needs. If this preliminary project and its execution are approved, the sale price will be €1,500,000. Don’t miss the chance to turn this building into a unique project! Contact us for more information!
Currently distributed as follows: - Semi-basement floor of 101m2 built: living-dining room with open kitchen, one bedroom with dressing room, one bathroom, storage, outdoor terrace, and 39m2 garden. - Ground floor of 110m2 built: living-dining room with open kitchen, three bedrooms (one double and two singles), laundry room, one bathroom, and 10m2 terrace. - First floor of 118m2 built: living-dining room with open kitchen, three bedrooms (one double and two singles), laundry room, one bathroom, sitting room, and 19m2 terrace with panoramic views. - Duplex penthouse of 168m2 built: living-dining room with open kitchen, two bedrooms (one double and one single), one bathroom, storage area, and 70m2 across several terraces with panoramic views. Access to the attic as a multipurpose room and a toilet.
The building requires a complete renovation and is sold as a whole for €449,000 without renovation. Consult budgets for the full renovation. We have a professional team to advise you throughout the process.
Montuïri is a quiet town with easy access from the Manacor road, 20 minutes from the airport, 25 minutes from Palma, and 30 minutes from Mallorca’s eastern beaches. It offers all services: supermarkets, pharmacy, banks, gas station, restaurants, schools, health center, sports center, senior residence, etc. It is also visited for its prehistoric archaeological site known as Son Fornés. Every Monday, a market of local and artisanal products is held.
Important legal information: The advertised price includes real estate management fees and VAT. According to current regulations, buyers are informed that the price does not include expenses and taxes derived from the purchase (ITP, notary and registry fees). In the Balearic Islands, ITP can vary between 8% and 13% depending on the property’s value and the buyer’s specific conditions. We recommend requesting a personalized breakdown of these costs before formalizing the reservation.
Located in the charming locality of Montuiri, Spain, this area offers a blend of tranquility and accessibility. Just a 27-minute drive to Palma de Mallorca Airport, travel is convenient. Enjoy easy access to cultural and historical attractions, while world-class amenities like dining and shopping in Palma are within reach. Proximity to beaches and the stunning Serra de Tramuntana enhances the appeal, making it ideal for those seeking a peaceful yet connected lifestyle.