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Investment: Historical apartment for renovation in the old town of Palma de Mallorca

450.000 €

Free of commission for the buyer!

Property-ID: 579-2
living space: 130 m²
bedrooms: 4
bathrooms: 1
Number of rooms: 5

Description of the property

Located in an ancient building in Palma’s old town, this is a wonderful opportunity to create a historic city. There are 2 units for sale, a basement apartment, which also extends to the ground floor and another apartment on the first floor. The apartment on the lower floors, with a total of 190 m², this is in need of much renovation. The upper apartment is already renovated. It has 130 m² of living space divided into 4 bedrooms, 1 bathroom, a fully equipped kitchen and a cozy living-dining room. Almost all windows and doors are from the year of construction and have been lovingly refurbished. 2 balconies and 2 courtyards complete the offer.

In both apartments the original tiled floor is preserved and gives a special flair. The entire building has been restored in great detail and exudes the charm of bygone times. This is crowned by the community roof terrace which offers a magnificent view over the rooftops of Palma. It is possible to purchase all apartments together or separately. 845.000 € is the total price for both apartments!

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

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Rough indication of the location of the property

The location is shown only as a rough position indication. So you know where the property is in which region in Mallorca. For details, please contact us.

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100.000 € to 20.000.000 €

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Ariane Erdmann