Balearic Islands, Mallorca, Palma de Mallorca, Spain
- PROPERTY TYPE
Commercial Property
- BATHROOMS
1
- SIZE
1,345 sq ft
125 sq m
Key features
- Surface 125m2
Description
Situated in a prime location in the centre of Palma, just a minute’s walk from Plaza Madrid and next to Luis Sitjar station, we present this spacious, recently refurbished commercial premises of *100 m2 on the ground floor*, ideal for offices, studios and a range of professional activities.
The property stands out for its versatility, spaciousness and functional layout, offering spaces that encourage both collaborative work and privacy and concentration.
*Layout and features:*
- High ceilings of up to 8 metres and adequate soundproofing.
- Spacious 16 m2 meeting room, ideal for video conferences and presentations.
- Two private rooms providing privacy and separate workspaces.
- Large office area adaptable to different professional needs, suitable for both individual and team work.
- Two fully fitted bathrooms and a fully equipped kitchen.
- Hot/cold air-conditioning, heating and ventilation system, with excellent air circulation to ensure comfort all year round.
- Double-glazed windows and individual keys for greater privacy.
- Sophisticated alarm system and secure access control.
- Fire extinguishers and smoke detectors installed.
- Private entrance offering convenience, independence and security.
- Option to customise the spaces according to the requirements of each activity.
Its location also offers easy access to nearby car parks and excellent public transport links.
*A particularly attractive opportunity for investors*
Given the pressures in the residential market, investing in commercial premises represents an interesting alternative due to its potential for profitability, greater contractual flexibility and the possibility of securing long-term leases of between 5 and 10 years.
This type of investment can offer gross yields of between 7 per cent and 9.5 per cent, with tenancy agreements under which tenants may cover costs such as property tax (IBI) and service charges, depending on the agreed terms.
*Gross yield of 6.6 per cent according to the latest tenancy agreement.*
An excellent opportunity for those looking to invest in a well-located, refurbished commercial property with a wide range of potential uses, right in the heart of Palma.
*Please contact us for further information or to arrange a viewing.*
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Balearic Islands, Mallorca, Palma de Mallorca, Spain
NEAREST AIRPORTS
Distances are straight line measurements- Palma de Mallorca(International)5.5 miles
- Ibiza/San José(International)83.8 miles
- Menorca(International)86.5 miles
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Notes
This is a property advertisement provided and maintained by eXp Realty, Madrid (reference 29597889-8930) 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.