Mediterranean Villa In Santa Ponsa For Renovation Mixed Use Possible

Villa for renovation as an investment in the center of Santa Ponsa. This 320 sqm villa is centrally located in one of Mallorca’s most desirable areas. The property requires a complete renovation and features 8 bedrooms, 2 dining rooms, a kitchen, 3 bathrooms, 2 garages, a basement, spacious terraces, a utility room, 2 storage rooms, a garden with numerous fruit trees and a barbecue. A 35 sqm pool can be built according to current building regulations. The property has a certificate of habitability. Located directly on the boulevard of Santa Ponsa, this house is an investment in the future, as the boulevard of Santa Ponsa is currently undergoing a transformation and is being landscaped, beautified, and traffic-calmed. The property also offers excellent opportunities for investors, as a mixed-use development with commercial and residential units is possible. Investment potential for new construction: - Target group: Tourists, expats, retailers, restaurants - Expected rental income: - Commercial units: approx. €2,500/month per unit - Residential units: approx. €3,600/month - Total income: approx. €8,600/month (gross) - Potential for appreciation: Very high due to location, demand, and quality of the new construction We are happy to provide further information.