3 bedrooms apartment in Palma de Mallorca, Balearic Islands, Spain

2 100€

Palma de Mallorca, Balearic Islands

Features

General
Lift
3 bedrooms
2 bathrooms
Own Garage
Areas
Useful: 177 m²
Equipment
Installation of Air Conditioning

Property description

This flat in the historic centre just a stones throw from the Olivar market in one of the main shopping streets of Palma de Mallorca will surprise you.Bright and very spacious.Upon entering you are greeted by a spacious living room with a cosy balcony overlooking the city, the Cathedral and the bay of Palma. The masts of the boats moored in the harbour dancing will make you feel like you are on holiday.Adjacent to the living room is a fully equipped kitchen, a door leads to the inner balcony with the washing machine.Moving on to the sleeping area we find immediately to the left a small study for the little ones homework or if you need to connect to work.Opposite is the first of the three bedrooms, all with a view of the city and the cathedral.The view at night will leave you speechless.Advancing a little further down the corridor we find the bathroom and the second bedroom.At the end of the corridor we have the master bedroom with en suite bathroom.The flat is 177m2 distributed over 3 bedrooms 2 bathrooms (1 en suite), a study, lounge and kitchen.The lounge has air conditioning and the heating is by radiators fed by the gas boiler.An underground car park will save you the trouble of having to search for parking, especially during the summer months.The property is available for long-term residence contracts.2,100.00€ per month and 2 months security deposit.

Property summary

From a buyer's perspective, this property in Palma de Mallorca, Balearic Islands seems like an excellent investment opportunity and an attractive lifestyle purchase. The historic center location, spacious and bright layout, and panoramic city views are just a few of its many appeals. The property is well-priced for the size and desirable address, which means that it has good potential as a rental investment. Additionally, the start-to-finish modernization and a functional layout make it suitable for both short-term and long-term renters. The neighborhood provides easy access to local amenities, such as the Olivar market, shops, and restaurants, as well as transportation options, making it an attractive option for tourists and expats. The presence of an underground parking space is also a significant plus, particularly for residents who plan to rent out the property and guests. Additionally, the 2-bedroom layout is perfect for smaller families or couples and is easily adaptable to include additional space for future expansion. In terms of lifestyle, the views of the city and the bay, along with the bright and spacious interiors, create a sense of peace and tranquility. The open-plan layout is ideal for entertaining and relaxing while taking in the breathtaking views. The proximity to the beach and other popular attractions, such as the cathedral and the harbor, makes living in this apartment a thrilling experience constantly providing vibrant lifestyle. As an investment, this property should generate good returns, especially if rented out during the peak tourist season when demand and rates are high. The location and appearances will most likely attract potential renters, and there will rarely be a time of the year when the apartment will not be rented. The monthly rent of 2,100€ covers is fair and within the range of similar properties in the area, making it an attractive investment option. Additionally, the potential seller may consider proposing a professional property management company, which can manage the rental for them and ensure the property is always maintained and remains on the rental market.