109 paseo mallorca 9_low
vistas mar
vistas castillo
vistas catedral
109 paseo mallorca 9_low
vistas mar
vistas castillo
vistas catedral
773101 18069

Residential Building for sale in Palma Mallorca - Old Town

Palma Casco Antiguo,

ID: 18069

3,500,000 €

Bright and spacious 1,239 m² building for sale in Palma de Mallorca located in the exclusive area of Paseo Mallorca in Palma de Mallorca.

This is a privileged location in one of the most exclusive areas of the city. At only €3,800,000, this beautiful 3 floor building is an excellent investment.


· Total area of the site: 307 m²

· Total built area: 1,239 m²

· Number of floors: Ground floor + 3 heights - you can increase heights according to urban plan.

· Year of construction: 1945


The Paseo de Mallorca, popularly known as Sa Riera, is a very busy and strategically placed area of Palma De Mallorca that merges the bohemian Santa Catalina neighbourhood, the immense Avenidas and the famous Jaime III shopping street. There has been a natural stream that crosses the walkway since 1403, when it was decided to be diverted away from the Borne and Las Ramblas avenues.


This unique building is located near the Paseo Marítimo (seafront walkway) and Jaime III, so its views and luminosity are unbeatable.

The building was built in 1945.

It has a total area of 1,239 m² plus solarium floors.

The building is distributed from the ground floor, where currently the main entrance and 3 premises are located.

Three floors of 241 m² and the solarium level of the same dimensions.

The floors are currently distributed into a total of 6 homes and 3 establishments.


... of its excellent price of only €3,500,000 in an exclusive area of Palma de Mallorca. A real investment opportunity for those who want to reform the building and make money.

The resulting homes would be quickly bought or rented, due to the strong and growing demand in buying and renting this type of property which have become very scarce. It is so difficult to find new homes in historic buildings in the Old Town of Palma and which also have views, natural light and parking only 10 metres away.

Imagine what you could create by reforming and decorating this beautiful, bright and spacious building!

Take a look at the price and call us, if only to confirm all of these details. The truth is that we would love to show it to you. We are sure that after seeing it, you will definitely want to acquire it. Call us now on +34 871 779 126o if you prefer you can send an email to info@equusmallorca.com


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