Apartment for sale in Palma De Mallorca

Property ID: JOT-V1664PM

€7,500,000

2,464 €/m²

3,044

m²

beds

baths

m² plot

Unique Investment Opportunity in the Historic Centre of Palma de Mallorca. Listed building for commercial use only with great potential in the heart of Palma de Mallorca, strategically located between the emblematic streets Sant Feliu and Jaume III, one of the most exclusive areas with the highest pedestrian traffic in the city. This unique property offers a unique investment opportunity for developers, investors, or companies looking for an exclusive project in the historic centre of Palma. The building has ample interior spaces and a versatile layout that allows for multiple possibilities of use, from a boutique shopping centre, an art gallery, a gastronomic space with a terrace, or even a high-end gymnasium. It is a property with character, protected as a listed property, which guarantees the maintenance of its heritage and architectural value. Although it requires a complete refurbishment, the structure is solid and allows for the development of a unique project, adapted to both commercial and cultural or recreational use. One of the main attractions of the building is its large upper terrace, ideal for installing a bar or restaurant with panoramic views of the centre of Palma, which adds incalculable added value. Situated just a few steps from the Paseo del Borne, the Cathedral, and surrounded by galleries, luxury shops, and boutique hotels, this building is perfect for creating an innovative space in one of the most dynamic and sought-after cities in the Mediterranean. This property offers an unbeatable location and great potential for revaluation. One of the best-preserved old towns in Spain featuring the most amazing Gothic architecture in the Mediterranean surrounded by hundreds of narrow streets, excellent shopping, great restaurants, art galleries, museums, and amazing ancient passages leading to important historical monuments, landmark buildings, and the jewel of the crown: Catedral Santa Maria, La Seu. It is very popular for the nightlife and offers very trendy places to visit, like Passeig del Born, Avenida de Jaume III, Passeig de la Rambla, La Llonja and some of the most visited “Plazas”, such as Plaza Santa Eulalia, Plaza Cort, Plaza Mercat and Plaza Mayor among others. Casco Antiguo is one of the most desirable districts for property investment. Many of them have been renovated over the past few years and turned into luxury apartments with all the modern amenities.

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Close To Shops
Close To Town
Close To Marina

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