Investment Opportunity: Building To Restore With 2 Flats

Welcome to a spectacular investment opportunity in the heart of the Old Town of Palma, where traditional Majorcan charm meets modern luxury. This amazing renovation project presents a beautifully restored townhouse building, meticulously crafted into two distinct apartments, offering a unique chance to own a piece of history in one of Mallorca’s most sought-after locations.
The price includes only the building in the current state that is now (in need of renovation) plus a license to renovate it and build 2 apartments inside.
The price of construction is to be paid by the buyer, and is variable, depending on the quality and material of construction desired.
The Apartment 1 presented in a loft-style and features a spacious bedroom, plus a inviting terrace-pool, providing a private oasis for relaxation and entertainment.
Meanwhile, the Apartment 2 stands as a duplex penthouse, exuding elegance and refinement across two levels. With two generously sized bedrooms, including a luxurious master suite, and an additional rooftop terrace, this residence offers unparalleled views of the surrounding historic streets and landmarks, making it an ideal sanctuary to unwind and savor the Mediterranean lifestyle.
Nestled in a prime location within the Old Town, residents will enjoy effortless access to Palma’s vibrant culture, charming boutiques, renowned restaurants, and picturesque plazas, ensuring every day is filled with endless exploration and enchantment.
If you’re seeking a lucrative investment opportunity this is a rare chance to own a piece of Palma’s rich heritage.