Building in Palma Center to Renovate

This building is located in the heart of Palma just a few meters from Plaza de España. Currently it has 3 floors with the possibility to build another floor. The building has 890 m2 of contructed area, of which 350 m2 is commercial space on the ground floor, plus 160 m2 of terraces. The property is perfect to convert into several apartments, a single home or as a commercial space.

Palma Centre with its national and international residents has become one of the most cosmopolitan second home residence areas in the Mediterranean. Offering an incomparable selection of fine dining options, cultural and sports activities together with its own beach makes it an ideal location for a full time or part time residence. Due to the expansion of the city many international investors are now looking to new areas that were in the past predominantly were for locals. Area such as the Avenida’s, and its secondary streets have become increasingly attractive due to the competitive difference in prices. Palma offers the best transport hub on the island, just 15 mins from the airport, with the main bus, metro & train station in the Plaza España and the excellent public transport system means having a car is not a necessity. The port, also in the centre offers numerous connections to the other Balearic Islands, mainland and other countries, apart from being one of the top cruise ship destinations in the Mediterranean.