Skip to content
COMMERCIAL

Balearic Islands, Mallorca, Palma de Mallorca, Spain

£3,457,200
€4,000,000
Living Blue Mallorca, Mallorca
PROPERTY TYPE

Hospitality

BEDROOMS

10

BATHROOMS

5

SIZE

3,767 sq ft

350 sq m

Key features

  • Near city center
  • Bedrooms: 10

Description

Nestled in the heart of Palma, this charming hotel offers a remarkable opportunity for transformation and investment, conveniently located just 20 minutes from Palma Airport, and included in the price is a parcel currently used as parking that is available for building.

The property spans two floors and offers ten bedrooms and five bathrooms, covering a wide range of guest needs and configurations.

Currently requiring renovation, the hotel boasts significant potential and benefits from existing licenses for both room rentals and a restaurant/bar, offering a versatile investment opportunity. The layout includes a spacious kitchen with infrastructure ready for the installation of a new, fully equipped kitchen, a dining area, an indoor bar, and three separate lounges with a lovely terrace overlooking the courtyard.

The outdoor space includes two terraces in the patio area, complete with a bar, where guests can enjoy refreshing drinks in a delightful setting, ideal for relaxation and social gatherings.

Additional amenities include uncovered parking spaces and a small storage area, enhancing the practicality of the property. The building is ready to be revitalized and tailored to your vision, making it an exceptional investment for those seeking to capitalize on its potential.
#ref:5912

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_21461595) 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.

Email agent

Email agent