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Long-term rented, impressive, beautiful and spacious, newly renovated commercial space in the middle of downtown Palma

Object No.: R26438

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€2,200,000

Purchase price
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Highlights

  • Inner courtyard
  • Double-glazed aluminium windows
  • Renovated
  • Partially Furnished
  • Air condition
  • Wooden windows
  • Kitchenette

Description

This spacious and light-filled commercial property is located in a prime central area of Palma and was recently refurbished by a renowned architectural firm. It is currently leased on a long-term basis but remains available for sale, making it an excellent investment opportunity with an established tenant. The property stands out for its versatility: whether as a modern office, an elegant furniture or kitchen showroom, an inspiring art gallery, or an exclusive fashion boutique – the possible uses are virtually limitless. With a total area of 370 m² spread over two levels, including a 70 m² interior courtyard, this property combines historic charm with contemporary comfort. Built in 1905, the building impresses with ceiling heights of up to seven meters, five skylights, and four-meter-high windows that flood the space with natural light, creating a unique atmosphere. During the renovation, all electrical systems, air conditioning, and sanitary facilities were renewed. The premises are equipped with a state-of-the-art fiber-optic network supporting over 40 workstations, several glazed offices and meeting rooms, three fully fitted bathrooms, as well as provisions for two kitchens. New heating and air conditioning systems have also been installed. A special highlight is the completely renovated and insulated roof, where the century-old wooden beams have been carefully preserved. They reflect the building’s history and, together with the floor-to-ceiling windows, create a harmonious blend of tradition and modernity. The private courtyard offers a peaceful retreat, forming a small green oasis amidst the vibrant city life.

Amenities

  • Air condition
  • Double-glazed aluminium windows
  • Inner courtyard
  • Kitchenette
  • Partially Furnished
  • Renovated
  • Wooden windows

Location

Palma

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