Apartment With Communal Pool In El Terreno,

A perfect opportunity for those looking to invest securely, have a personal retreat in Mallorca, and benefit from the rise of one of the areas with the highest forecast for appreciation in the coming years. It is ideal for anyone wanting a hassle-free real estate investment in the medium to long term, while ensuring annual income through seasonal rentals. Additionally, the owner will have the right to use the apartment for a maximum of 60 days a year for private use (including family and friends). Unique opportunity to acquire a property with high investment value in El Terreno, one of the neighborhoods with the greatest potential in Palma de Mallorca. This elegant property, completely renovated and decorated in a modern and functional style, is part of a complex and has a tourist license for vacation rentals granted to the entire building. The vacation rental assignment belongs to an external management company that manages the rental collectively, so the owner does not have to worry about anything other than receiving the net income from the rental profits. The building is located just a few meters from the Paseo Marítimo, currently undergoing transformation to become one of the most attractive and frequented areas of the island, with new green spaces, pedestrian areas, and a wide range of leisure and dining options, as well as a spectacular Club de Mar. The property has approximately 58m2 and 13m2 of terrace, is fully furnished, with dark wooden floors, a cozy living-dining room with direct access to the terrace, a modern and equipped kitchen, a bright master bedroom, and a bathroom. Additionally, the building has several common areas, among which stand out a pool with a relaxation area with Balinese beds and a rooftop terrace with views of the sea and the port. It can also be purchased with a parking space for €25,000. INVESTMENT OPPORTUNITY AND PRIVATE USE IN A GROWING AREA!