Investment property - Townhouse in the heart of Palma

This charming townhouse is located in a quiet side street near Plaza España - centrally located and yet pleasantly shielded from the hustle and bustle.

The building, which dates back to 1950, currently comprises three floors: the ground floor with a spacious storage room or garage with approx. 200 m² of usable space, the first floor with a spacious flat with a private terrace overlooking the inner courtyard and the second floor with a compact flat with an equally large terrace and direct access to the roof terrace.

Thanks to its versatile layout, the property offers numerous possible uses: Whether a spacious single-family home, a generous multi-generational residence, conversion into an apartment block on up to 4 floors or a combination of living and working under one roof - there are no limits.

The central location makes it easy to reach the railway station and old town on foot, while the quiet side street offers plenty of privacy and space. According to the owner, it is also possible to add a further storey - additional potential for value appreciation.

Take advantage of this opportunity and secure a versatile property with development potential in one of Palma's most sought-after locations.
Contact us today for more information or a viewing.