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COMMERCIAL

Palma de Majorca, Mallorca, Balearic Islands, Spain

£4,994,380
€5,800,000
DJ Group, Palma
PROPERTY TYPE

Hotel

BEDROOMS

24

SIZE

16,146 sq ft

1,500 sq m

Description

On this occasion, we have changed the use of the Possession House to a Five-Star City Hotel, with the license granted.

We have the basic design for the first phase of the main house with twelve double rooms and the new 1,500 m² building with 24 more double rooms.

We also have 69 tourist places granted and paid at 30%.

In the 1500 m² of new construction, a hotel or nursing home can be built, with everything being used as a hotel or everything as a nursing home.

Son Dameto is primarily a residential area, so it's not common to find luxury hotels directly in this area.

At DJ Construction, we provide assistance and advice. We have a team of architects and designers, including plans and designs tailored to your needs, renderings, and hotel models. We also manage all construction permits, which in this case have already been granted.

We assist with construction, including labor, material procurement, and project supervision by a highly qualified team.

We offer interior design services to ensure your hotel has a luxurious finish.

We provide maintenance and management services for the hotel once it is operational.

Investing in the construction of a luxury hotel in this location can be a strategic and profitable decision for several reasons:

High tourist demand: The privileged location, especially in Palma de Mallorca, tends to attract a larger number of visitors. At luxury hotels, you can capture a segment of the market willing to pay for an exclusive, high-quality experience.

Long-term profitability: Although the initial investment is high, luxury hotels tend to generate significant revenue.

Property appreciation: Properties in prime locations tend to increase in value over time; a well-managed luxury hotel can increase in value even further over time, offering long-term capital appreciation.

Differentiation and prestige: A luxury hotel can establish itself as a benchmark in the hotel industry.

Additional business opportunities: You can diversify your revenue streams by offering additional services.

Local economic impact

Market Trends: Luxury tourism is growing with increased demand for personalized and exclusive experiences.

In short, this construction of a luxury hotel in this location, can offer a combination of high profitability, capital appreciation.

contribute to the local economy.

License granted

Privileged location

Exceptional area

Palma de Majorca, Mallorca, Balearic Islands, Spain

NEAREST AIRPORTS

Distances are straight line measurements
  • Palma de Mallorca(International)
    6.3 miles
  • Ibiza/San José(International)
    83.3 miles
  • Menorca(International)
    87.2 miles

Advice on buying Spanish property

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

About DJ Group, Palma

At DJ Group, we are a Construction Company and Real Estate with over 15 years of experience in the industry, delivering outstanding quality in every project we undertake.

We specialize in offering exclusive properties and luxury villas across the Balearic Islands of Mallorca and Ibiza, tailored to meet the highest standards.

Our team supports both buyers and sellers throughout the entire transaction process, always ensuring complete discretion and personalized service.

Many of our property listings are not published on the website due to the owners requests for discretion.

Additionally, we have a team of architects and designers who can help and advise you on the renovation and personalization of your home.

So you don't have to worry about it, we can take care of your renovation with highly qualified personnel and high-quality finishes.

If you would like more information, please do not hesitate to contact us.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by DJ Group, Palma (reference ID1192) 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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