Large Property In Andratx With High Investment And Reconstruction Potential
3 Beds
5 Baths
10,054 Sqft
4,597 Sqft lot
Updated: Today
About the Property
Important property for sale in Andratx, a unique opportunity for real estate investment in Mallorca. This property stands out for its strategic location in one of the most sought-after areas of the town, as well as for its great potential for reconstruction and development. The images are merely illustrative, in order to show how the final results of the project could be. You could project
Important property for sale in Andratx, a unique opportunity for real estate investment in Mallorca. This property stands out for its strategic location in one of the most sought-after areas of the town, as well as for its great potential for reconstruction and development. The images are merely illustrative, in order to show how the final results of the project could be. You could project a development of 5 homes with an average area of 102 square meters built per home including proportional parts of common areas; the building would have a ground floor and one upper floor with the possibility of building a spacious community garage in the basement to meet the parking needs of the new residents. The property has access to three streets, which multiplies its design, distribution, and exploitation possibilities. With a total built area of 934 m², the building is distributed over three floors plus a basement. In the basement, there is enough space to develop a parking area, a key added value in Andratx. On the ground floor, we find a commercial premises along with a pantry, ideal for business or conversion. On the upper floor, there is a home with 3 bedrooms, 2 bathrooms, kitchen, balcony, and terrace, offering multiple residential options. At the top, the property has a large terrace, perfect for creating exclusive outdoor spaces with views. Additionally, according to urban regulations, there is the possibility of expanding the construction, which further increases the value of this investment. It will be necessary to request a technical report to determine the additional buildable square meters. Andratx, located in the southwest of Mallorca, combines Mallorcan tradition with luxury and exclusivity. Surrounded by the Serra de Tramuntana, it offers unique landscapes, spectacular coves, and proximity to the prestigious Port d’Andratx, with strong international demand. This property in Andratx represents an excellent opportunity for investors looking for a project with high profitability and multiple development possibilities in Mallorca.