This is a five-story building, originally constructed in the 1970s and renovated in 2024. In addition to its prime location, the hotel boasts excellent facilities. Everything is easily accessible: the beach, the yacht club, restaurants, bars, and shops and a bus stop is located right next door. The ground floor features two commercial units totaling 138 m², while the upper four floors house 24 en-suite double rooms, all equipped with balconies and air conditioning.
The ground floor offers shared indoor and outdoor areas, such as a communal kitchen with a lounge and a garden featuring a small pool and sun loungers.
Almost all of the energy consumed is generated by the building's own rooftop solar power system. The property is being sold with its valid operating licenses; the business operating entity itself is not included in the sale.
Palma, the capital of the Balearic Islands, 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 has 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. Large palm trees frame most of the beautiful monuments.
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 houses for sale in Palma or find out more about buying a home in Palma .
"Balearic Properties has been in business on the Balearic Islands for many, many years. The company headquarters is on Mallorca and over the years, we have built up an unparalleled portfolio of properties to suit every budget, by means of which we have already successfully helped 10.000 clients find their new home on the Balearic Islands. Our project management and construction companies offer a unique range of luxury, turn-key villas to suit all individual and personal needs. We also offer over 200 holiday villas that guarantee our clients an unforgettable holiday experience.
Balearic Properties is the exclusive associate of Savills in the Balearics Islands. The company offers clients a vast experience of over 26 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 the Balearic Islands. 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."