1 bedroom apartment in Palma de Mallorca, Balearic Islands, Spain

As a buyer, this property in Palma de Mallorca, located at the desirable Plaza de Toros neighborhood, offers excellent potential for both real estate investment and lifestyle purchase. The 65m2 apartment features a spacious open layout, with a well-equipped independent kitchen, 1 bathroom with bathtub, and a bright, exterior-facing living room-cum-bedroom with built-in storage. At 195,000€, the property offers a competitive price point for the region, with a communal fee of approx. 80€/month that includes water. The property's location is convenient for everyday needs, with the immediate surroundings offering a variety of services, and a supermarket available just a few steps away. T For commuters, public transportation is also readily accessible with two bus lines practically at the doorstep. The proximity to Plaza de España (a 15-minute walk) and the convenience of an accessible autopista make it easy to travel around the island, further adding to the property's desirable location. Investment-wise, the property presents an attractive opportunity for those seeking to capitalize on the thriving tourism sector in Palma de Mallorca while providing a secure and modern apartment that would appeal to long-term renters. Its competitive pricing, favorable location, and appeal as an income-producing property make it a solid investment for those looking to enter the Mallorca real estate market. From a lifestyle perspective, the Palma de Mallorca and the Plaza de Toros neighborhood, in particular, offer a unique blend of coastal living and historical charm. This apartment provides proximity to the city's vibrant cultural and entertainment scene while offering the convenience and tranquility of a secluded neighborhood. Thus, this property, with its well-appointed living spaces and strategic location, represents an excellent choice for those seeking a fulfilling lifestyle and promising investment opportunities.