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Buy • House • Mallorca • Llucmajor / s'Arenal
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Residential and commercial building for sale in Arenal

Object No.: 121954

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€2,250,000

Purchase price

437 m²

Plot Area

8

Bedrooms

5

Bathrooms
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Description

Details: Offered for sale is a building for both residential and commercial use, a perfect investment opportunity. This 3-level hotel building, situated in S'Arenal, was extensively converted into a residential and commercial building in 2022. On the ground floor are 4 office rooms, some of which are already rented, and the 1st floor houses 3 apartments, 2 with one bedroom plus a duplex with 2 bedrooms. On the 3rd floor is the large penthouse with a large roof terrace. Some of the apartments have also been rented. All apartments are modern and bright, and fulfil the latest standards of quality and technology. It would also be possible to build a pool on the roof terrace, and this has already been checked and confirmed by a structural engineer. Some of the apartments are already rented. This interesting property would certainly be ideal as an investment opportunity. Please do not hesitate to contact us for further information. Returns from holiday lettings: For initial orientation you can use the “Porta Holiday Returns Calculator” without obligation to calculate your potential returns from holiday letting. NB: Due to the current legal situation it is possible that in certain municipalities renting restrictions may apply, or new touristic licences may not be granted. Your Porta Mallorquina real estate consultant will be pleased to advise you whether the property you have chosen is affected. Go to Returns Calculator. Location & surrounding area: Las Maravillas is a quiet residential area, which is located at the famous beach Playa de Palma and is especially sought-after due to the proximity to the capital of Palma. The area is modern and very popular among residents.

Location

Llucmajor / s'Arenal

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