Unique investment opportunity in Playa de Palma. This completely - and high-quality refurbished building is located at the Playa de Palma just a few meters away from the beautiful promenade and the sea. The building offers 8 apartments, each with approx. 40 square meters of living space, spread over 4 floors plus a shop on the ground floor. The apartments on the 2nd, 3rd and 4th floors all
Unique investment opportunity in Playa de Palma. This completely - and high-quality refurbished building is located at the Playa de Palma just a few meters away from the beautiful promenade and the sea. The building offers 8 apartments, each with approx. 40 square meters of living space, spread over 4 floors plus a shop on the ground floor. The apartments on the 2nd, 3rd and 4th floors all have their own balcony of approx. 5 square meters with a partial sea view. The apartments on the 1st floor have larger terraces (approx. 16 square meters and approx. 42 square meters). Furthermore, each apartment has a bathroom with shower, a fitted kitchen and fitted wardrobes. Of course, air conditioning (hot/cold) should not be missing. Furthermore, on the ground floor of the building there is a new shop of approx. 80 square meters with a lockable terrace (approx. 45 square meters) and in the basement (approx. 159 square meters) there are 10 separate storage rooms. In addition, the building has a fantastic sea view roof terrace of approx. 80 square meters. The entire building has been completely renovated from the basement to the roof terrace and offers many different uses from rental to private use. We also have a contact with a company that could take care of the entire rental for you and take care of everything, so you would not have any hassle. Please contact us for more information (we have floor plans) or for a viewing. All statements without guarantee. Kensington reference: KPP06889
Playa de Palma is a well-established coastal strip running along the southeastern edge of Palma Bay, stretching roughly eight kilometres between the city of Palma and the resort town of S’Arenal. The area is defined by its wide sandy beach, a continuous seafront promenade, and a dense concentration of residential and commercial buildings that have undergone significant regeneration investment over the past decade. It sits within easy reach of Palma’s historic centre while maintaining a distinct identity as one of the island’s most active beachfront corridors.
The promenade along Playa de Palma is lined with restaurants, beach bars, and cafés serving year-round residents and seasonal visitors. Mercadona and larger supermarkets are within a short drive. The beach itself is Blue Flag certified and serviced with sun lounger rentals and water sports facilities. Palma’s old town, with its cathedral, galleries, and fine dining, is approximately 12 kilometres west.
Palma de Mallorca Airport is located approximately four kilometres from Playa de Palma, making it one of the closest residential areas to the terminal on the island, with a drive of under ten minutes. The airport operates direct routes to most major European cities year-round, with expanded schedules from spring through autumn. Regular bus services connect Playa de Palma to Palma city centre, with a journey time of roughly 30 minutes.
KENSINGTON Finest Properties International AG has specialised in the marketing of high-quality real estate for ove
KENSINGTON Finest Properties International AG has specialised in the marketing of high-quality real estate for over 23 years. Since 2011, the company has been growing internationally through the awarding of franchise licences and is now represented in over 81 locations in Germany, Switzerland, Austria, the Balearic Islands and mainland Spain, as well as in Dubai. In 2021, commission revenue in the residential real estate division more than doubled year-on-year with growth of 108%, while the average purchase price per transaction increased by 37.5%. In addition to the real estate division, the KENSINGTON Group includes a mergers & acquisitions company ([hidden information]), an art company ([hidden information]), and a family office ([hidden information]). KENSINGTON is also the publisher of the life style magazine OnLOCATION ([hidden information]).
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Last updated
April 23
First listed
Aug 17, 2023
Listing reference
KPP07178
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