Return this magnificent Palma mansion to its former glory and reap the rewards. This incredible investment opportunity can be found in the area of Vista Alegre close to the “Marivent palace”, the official holiday residence of Spain’s royal family.
The traditional 19th century property occupies a generous plot of over 5.000m2 which can be divided into a total of eight plots.
Building permits exist for the remaining seven plots (ranging from 424m2 and 631m2), offering the possibility to build private villas with constructed areas varying from 155m2 and 203m2.
The mansions character and original features have been maintained, ready to be enhanced and partially renovated by its new owner. It even boasts wonderful sea views and port views from the roof top terrace.
In addition, the property´s location is truly exception with easy access to transport, the Porto Pi shopping centre, ferry port and all local amenities
An exclusive investment opportunity for investors with good ROI.
Contact us for further information
Palma, the capital of the island of Mallorca, located in the bay of the same name, has a pleasant climate all year (17.9 ° C annual average).
Known for its tourism and elegant shops, this city also offers a beautiful Old Town. The Cathedral, the Palace of the Almudaina, the Lonja square and the Plaza Mayor are some of the places that make this wonderful city so mystical. Palma has excellent public transportation and is just a 15 minute drive away from the international airport.
For additional information contact BALEARIC PROPERTIES ESTATE AGENTS MALLORCA by email or call the Puerto Portals Office (+34) 971 68 40 00 - See more details about other villas for sale in Palma or find out more about buying a home in Palma .
Balearic Properties is the exclusive associate of Savills in Mallorca. The company offers clients a vast experience of over 20 years in the local property market. Our portfolio includes all sorts of modern villas, country homes, and trendy new developments in the best areas of Mallorca. Balearic Properties also specialises in waterfront properties and large estates. The company offers a complete, all-around property service including property management, holiday lettings, project management and legal services.
Palma city, located in the bay named after it is impressive from the moment we approach by sea or air. It‘s a city that offers you a lot of opportunities for cultural, gastronomic, shopping and leisure experiences.Read more
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