Entire apartment building in Palma

PMI.111 | Palma de Mallorca €1,500,000

About the property

Unique opportunity to purchase an ENTIRE apartment building of 650m2 of 8 apartments fully furnished and rented with current tenants at an annual income of 100.000 Euros.

Each apartment is fully fitted with new kitchens and modern bathrooms, double lined curtains, air conditioning units all mod cons.
One parking space included.

Property features

  • Built size: 650m2
  • 1 bedroom

Key details

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    About Palma de Mallorca

    Palma is not only the capital of Mallorca, but also the economic and cultural centre of the island. The international flair in combination with the typical Mediterranean character creates a very special charm and due to its variety, numerous cultural events, its animated nightlife and lovely old town - where property is high in demand - Palma is known amongst insiders as "New Barcelona".

    Demand is also high around lively Paseo Marítimo and Santa Catalina. The promenade of Paseo Marítimo runs along Palma's yacht marina and has an appeal of its own. Here you can find spacious, modern apartments offering spectacular views over the bay of Palma. Santa Catalina is just a stroll away and is known as Palma's most funkiest and bohemian neighbourhood. It offers a great choice of restaurants, cafés and bars, as well as a very popular indoor market.

    Areas on the outskirts of Palma that have to be mentioned, are the residential area of Son Vida, famous for its luxury properties and golf courses and offering lots of privacy; charming Portixol, a former fishing village that has seen major refurbishment in recent years; and Santa María, a lovely inland village, offering amazing and very well priced rural properties.

    Properties for sale in Mallorca