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Balearic Islands, Menorca, Mahón, Spain

£2,878,785
€3,330,000
Prestige Property Group, International
PROPERTY TYPE

Ground Flat

BEDROOMS

30

BATHROOMS

19

SIZE

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Key features

  • Sea View
  • Elevator
  • Parking
  • Potential for Income
  • No Pool
  • Contemporary Style
  • Walk to Amenities
  • Good Condition

Description

Rare opportunity to acquire a high-value asset with outstanding potential, ideally located in the frontline of Mahon's Port, offering breathtaking views of Cales Fonts, Lazareto, and the harbour entrance.

This unique long-term investment opportunity is the acquisition of a limited liability company that owns a prime real estate portfolio.

It includes a 48 m2 commercial space, three storage/garage units of

22 m2, 35 m2 and 41 m2, and two ground-floor apartments of 35 m2 and 40 m2.

The first floor consists of five residential units ranging from 49 m2 to

67 m2, with the same configuration on the second and third floors.

The penthouse level features a 160 m2 apartment with an expansive

102 m2 panoramic terrace offering unrivalled views.

Additionally, the company owns six parking spaces in a nearby building.

While most of the apartments require renovation, the exceptional location, high demand for rental properties, and the acquisition through a limited liability company make this an intelligent and highly profitable investment strategy.

The property enjoys a privileged location in one of the most exclusive areas of the largest natural harbour in the Mediterranean. The strong rental market ensures a steady demand and excellent returns, while the optimised company structure provides tax advantages and efficient asset management.

REFERENCE: 253943

Balearic Islands, Menorca, Mahón, Spain

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Menorca(International)
    3.2 miles
  • Palma de Mallorca(International)
    84.8 miles

Advice on buying Spanish property

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About Prestige Property Group, International

International

For over 20 years Prestige Property Group has been successfully connecting discerning buyers and sellers of premium real estate in the most desirable locations in the world.

By carefully listening to our clients, we are able to offer a bespoke personal service ensuring that we deliver and meet all of their property aspirations.

Through our extensive network of partner agents we are able to provide invaluable local expertise and look after our clients needs on the ground.

Our service comes at no cost to our clients, so you can rest assured there are no hidden costs or commissions.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Prestige Property Group, International (reference 253943) 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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