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Balearic Islands, Menorca, Mahón, Spain

€775,000
Prestige Property Group, International
PROPERTY TYPE

Ground Flat

BEDROOMS

8

BATHROOMS

5

SIZE

4,585 sq ft

426 sq m

Key features

  • Balcony
  • No Pool
  • May Require Improvement
  • Walk to Amenities
  • Potential for Income
  • Rentable Accommodation
  • Multiple Dwellings

Description

Excellent investment and income opportunity with this entire building for sale in Mahon.

Ideal for investors seeking a property with diversified income streams and excellent scope for capital growth.

The 426m2 building is arranged over several levels, allowing for a flexible investment strategy tailored to different objectives.

The vaulted basement provides a characterful space suitable for storage, archive storage or ancillary use, enhancing the overall functionality of the property.

The ground floor comprises a commercial unit with direct access to a generous rear patio, particularly well suited to professional, retail or hospitality use, providing stability and visibility.

The first floor features a spacious residential unit with four bedrooms, two bathrooms, an inner patio, a large kitchen and a bright living area, ideally suited to long-term rental.

The second floor comprises two self-contained apartments, each offering two bedrooms and an open-plan living, dining and kitchen area, suitable for both long-term and short-term rental.

The building also benefits from a usable rooftop terrace and two storage rooms, further enhancing its practicality and overall appeal.

An excellent investment opportunity combining commercial and residential accommodation, with multiple income-generating units and further potential for optimisation through efficient asset management.

REFERENCE: 258840

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

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

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 258840) 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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