$668,199

Investment Opportunity: Property Divided Into 4 Studios + Parking Space

  • 5 Beds
  • 4 Baths
  • 1,486 Sqft
  • 3,122 Sqft lot
  • Updated: July 8
  • 1
    Views for last 30 days
  • 2

About the Property

Investment opportunity. Originally a 4bedroom apartment, completely renovated and currently distributed into 4 independent studios, each with its own functional space. The property is rented out and generating income from day one, making it an excellent option for investors seeking high returns with immediate earnings.

The property for sale consists of a dwelling on the first floor of 138

Investment opportunity. Originally a 4bedroom apartment, completely renovated and currently distributed into 4 independent studios, each with its own functional space. The property is rented out and generating income from day one, making it an excellent option for investors seeking high returns with immediate earnings.

The property for sale consists of a dwelling on the first floor of 138 m2 + a parking space of approximately 145 m2.

As an added value for the investment, the property has been fully renovated in 2006 (plumbing, electrical, flooring, kitchen, and bathrooms), with all improvements duly documented.

This is a property with good profitability, currently distributed into 4 independent studios, ideal for investors seeking income from the very beginning.

Each studio has a resting area, bathroom, and functional space, optimized for long or mediumterm rentals.

Currently rented, with: Active contracts and different expiration periods (staggered profitability), solvent tenants, and payments up to date.

The property also includes a parking space of about 145 m2, an added value in the area. Located in a zone with high rental demand, close to services, transportation, and shops.

Ideal for:   • Investors  •  Medium or longterm rental •  Diversified profitability in a single property

For more information on estimated profitability and distribution, feel free to contact us.

Can Picafort is a coastal town located in the north of Mallorca, in the heart of the Bay of Alcúdia. It is approximately 55–60 km from Palma de Mallorca, with a driving time of about 4550 minutes, allowing for good connectivity with the capital and the airport.

  • Property type

    Apartment

  • Year built

    1973

  • Price/sqft

    $449

Features

  • Terrace
  • Water View
  • Mountain View
  • Coastal
  • Renovated
  • Investment Property
  • Gas Stovetop
  • Basement
  • Outdoor Living Space
Features

Lot

  • Mountain View
  • Coastal
  • Water View
  • Investment Property
  • Renovated

Indoor

  • Gas Stovetop
  • Basement

Outdoor

  • Terrace
  • Balcony
  • Parking
  • Outdoor Living Space

Explore the Area

CAN PICAFORT, 07458, Spain View on Google Maps
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Located in the picturesque coastal town of Can Picafort in Mallorca, this property offers a mix of serene beach life and local amenities. Just a short drive from the white sandy shores, it provides easy access to regional attractions. The area boasts a variety of dining options and leisure activities, with convenient routes to Palma de Mallorca Airport and vibrant town centers. The tranquil yet connected setting is perfect for those seeking a balance of relaxation and cultural experiences.
Get nearby
Attractions
Schools
Palma de Mallorca Airport
Airport
50 min
Albufera Natural Park
Outdoor & Nature
12 min
Son Bosc Golf Club
Golf & Country Clubs
16 min
Rafa Nadal International School
International School
40 min
Mallorca International School
International School
45 min

View 173 more listings in Santa Margalida

KAIMO PROPERTY SERVICE

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KAIMO PROPERTY SERVICE
Spain
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36
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2022
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KAIMO PROPERTY SERVICE
Capdepera, Spain
View agency profile
Last updated
July 8
First listed
Apr 18
Listing reference
PCP590-A26
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