Investment property with 16 residential units and 4 locals

Residential and commercial building in Palma

This complete residential building with a total of 16 residential units and 4 shops was built in 2004. On a total of 1288 square meters of living space are seven 1 bedroom units, a studio and eight 2 bedroom units in 1st and 2nd floor, with sizes of 45 - 72 square meters. All units have an American or part-open kitchen, a utility room and a living/dining room.

On the ground floor there are four shop areas of 85 - 94 sqm.

The apartments and the retail space require a renovation/minor partial renovation. The house itself is in good condition.

This building is ideal for investors due to its good yield opportunity.

We would like to inform you in detail about this offer in a personal conversation.

Palma de Mallorca – only the sound of this name already awakes in us longing for the south! Palma de Mallorca in Catalan -La Ciutat- – the city – this is how the Majorcans call their town. And this is right – because Palma is really the city – the city that never sleeps, that conceals giant treasures, that is dreamlike beautiful, that makes dreams come true and is very alive. Palma is the capital of Majorca and the head office of the independent government of Balearic Islands. At the same time it is a supply centre of the island with the biggest port and the biggest airport.

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