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Balearic Islands, Mallorca, Palma de Mallorca, Spain

€5,800,000
Living Blue Mallorca, Mallorca
PROPERTY TYPE

House

BEDROOMS

8

BATHROOMS

8

SIZE

15,931 sq ft

1,480 sq m

Key features

  • Bedrooms: 8

Description

This unique historical estate in Palma, dating back to 1630, is offered for sale in its current condition, presenting an exceptional opportunity for transformation. The property requires a complete renovation and is ideally suited for conversion into a city hotel. There is an approved project for transforming the residence into a 5-star hotel with a restaurant and event spaces. Set on an expansive plot of approximately 7,200 m2, the property offers a built area of 1,500 m² and room for 69 hotel beds. An additional 1,500 m2 extension, including a wellness area, is currently under application. This extension allows for the development of a hotel, a retirement home or a combination of both.

The estate boasts stunning views of the Tramontana mountains, spacious interiors, stone arches, and rustic vaulted ceilings. Its central location, close to the city centre and the airport, further enhances its outstanding potential.

The expansive grounds provide ample space for a Mediterranean garden with a swimming pool, while the large terrace and charming inner courtyard are ideal for outdoor dining and events. The trend towards boutique 5-star hotels is undeniable, and this property perfectly aligns with this movement. If you are considering investing in a luxury project that combines tradition, nature, and exceptional infrastructure, this may be the opportunity you have been seeking.

The finca is connected to the municipal power grid and benefits from its own well, providing ideal conditions to bring your vision to life.
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Advice on buying Spanish property

Advice on buying Spanish property

Learn everything you need to know to successfully find and buy a property in Spain.

About Living Blue Mallorca, Mallorca

Placa Hostals 8 Balearic Islands Spain

Living Blue Mallorca S.L. your Boutique Real Estate Agency located in the heart of Mallorca. Our offices are located at the main square of Alaro and at the main shopping street of Santa Maria del Cami, in the picturesque center of the island. Soon we will open an office in the old town of Palma and in Campos.

We provide you with an exclusive, professional and personal service for buying, selling or renting exclusive properties in Mallorca.

Although we are focused on the area's of Santa Maria del Cami, Consell, Alaro, Binissalem and other villages of the Tramuntana Mountains, our Personal Property Finder Service has an island-wide business and private partner network to assist you in finding your dream home. Many of our property listings are not published on the website due to the owners requests for discretion. Therefore, please inform us of your personal wishes and allow us to assist you and inform you about our secret properties!

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Living Blue Mallorca, Mallorca (reference 121750_19695597) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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