Investment: Historic apartment in the old town of Palma for refurbishment

Description

Located in a historic building in Palma’s Old Town, this property offers a wonderful opportunity to create your dream home in the Old Town. Currently, only the ground-floor apartment is available. This apartment consists of a mezzanine and a half-basement. The apartment on the lower levels, with a total area of approximately 152 m², is in dire need of renovation.
The mezzanine features a living room, three bedrooms, and a bathroom. The semi-basement level features a living room, two rooms, and a half-bath.
The original tiled floor has been preserved on the mezzanine, lending it a special charm. The entire building has been restored with great attention to detail and exudes the charm of bygone days. The crowning touch is the communal rooftop terrace, which offers a magnificent view over the rooftops of Palma.

Palma is the vibrant capital of the largest Balearic island, Majorca. With beautiful squares and quaint streets, the old town of Palma convinces with a lot of charm. Many buildings are well preserved and lovingly restored. Above all, the Almudaina Palace and the nearby cathedral, La Seu, are enthroned. The magnificent palace was once built by the Arab ruler of Majorca. Even today, the Spanish king uses some of the premises during his stays in Palma. However, most of the palace is open to the public and always worth a visit. The approximately 400,000 inhabitants of Palma, however, are not only attracted by the beauty of their city, they benefit from a well-developed infrastructure with schools, doctors and shops.

Original tiles, original window and door elements, 2 patios, storage rooms