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Special Investment in the Old Town of..Special Investment in the Old Town of.. - 2

Special Investment in the Old Town of..

Location Europe › Spain Date Added: 13.04.2015 at 15:06 Expiration Date: 27.06.2031 at 12:58 Page Views: 172 Listing ID 10474

Technical data

Purpose
Sale
Year of Construction
1820
Living space
780 m²
Bedrooms
3
Bathrooms
4

Description

This elegant city palace is situated in heart of Palma's Old Town, in close proximity to the renowned commercial area of Jaime III, and only steps away from La Lonja and the charming Borne promenade. This stylish Majorcan building was built in the 19th century, its living area being distributed over three floors. Following extensive renovations, the house is today in extremely good condition, only the facade retaining its original features. All the rooms are flooded with light and have been renovated using high quality materials throughout. The terrace offers outstanding views over the Old Town. Additionally, on the ground floor you will find a completely equipped bar-restaurant which is currently not in use and which could easily be converted into additional living area, depending on the requirements of the new owner. Worthy of note is the fact that the ground floor has a valid bar licence in place. Moreover, each and every floor is inscribed in the land registry by means of a separate title deeds. Overall an ideal property to be acquired either as a private residence or as an investment for commercial purposes.

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