Investment Opportunity – 2 Properties To Renovate In General Riera, Palma

INVESTMENT OPPORTUNITY – 2 PROPERTIES TO RENOVATE IN GENERAL RIERA, PALMA
We present an excellent investment opportunity in a strategic location in Palma, in the General Riera area, next to Avenidas.
The opportunity consists of two independent apartments, each with its own cadastral reference, offered together and providing significant potential for renovation and redistribution. An especially attractive proposition for investors, developers and construction companies looking for a real estate project in Palma.
One of the properties offers 180 m² of built area, while the second offers 89 m² of built area, providing a combined total of 269 m² of built area across both properties.
Combined, the two properties currently offer 7 bedrooms, 3 bathrooms, 1 terrace and 2 balconies, as well as generous interior spaces providing numerous possibilities to create and optimise a new layout, always subject to the applicable regulations.
Having two independently registered properties, each with its own cadastral reference, provides considerable versatility, allowing different renovation, use and investment strategies to be considered.
Both apartments are available and can be viewed individually. Although the opportunity is initially offered as a package of two properties, subject to negotiation and the owners’ approval, an offer for just one of the apartments may also be considered.
Their location in General Riera, next to Palma’s Avenidas, adds significant value to the project: a well-established and well-connected area, close to Palma city centre and surrounded by all kinds of services, shops, restaurants, public transport and excellent connections throughout the city.
A rare opportunity: two independent properties, a combined 269 m² of built area, generous spaces, an excellent location and enormous transformation potential.
Ideal for those looking for an investment and renovation project in Palma with multiple possibilities.
Contact us for further information, details on each property and to arrange an individual or combined viewing.