Palma House

This property offers an interesting investment opportunity with versatile development potential. The house, which is in need of renovation, is located on a plot of approx. 335 m² and opens up various options for redesign or project development.

There is currently an area of approx. 131 m² on the first floor, which is currently used as a warehouse, parking lot and work area. There is also a WC on this level. Behind the building is a spacious open patio of approx. 160 m², which is currently used as a storage area but offers great potential for an attractive redesign - for example as a garden area with a pool and terrace.

On the second floor there is an apartment with approx. 131 m² of living space. It has four bedrooms, a living room, a kitchen, two bathrooms and a utility room. Features include air conditioning, tiled floors and aluminum windows.

On the second level there is a spacious roof terrace of approx. 130 m², which offers additional development potential.

The various development options are particularly interesting for investors. For example, it would be conceivable to create up to six apartments. Alternatively, the property could be divided into two apartments on the first floor and two spacious duplex apartments. It is also possible to use part of the first floor for garage parking spaces and storage rooms. The large patio at the rear also offers ideal conditions for creating a garden with a pool and terrace area.

The published photos show the current condition of the property. In addition, some images were created using AI-generated home staging to illustrate possible design ideas and the potential of the property.