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

650 000€

Palma de Mallorca, Balearic Islands

Features

General
Year of construction: 1900
3 bedrooms
1 bathroom
Areas
Built: 200 m²

Property description

Character Apartment in the Heart of Santa Catalina.Located in the heart of Santa Catalina, in an original building from 1900s, this 120 m2 apartment is on the 1st floor. You are greeted by the grandiose entrance hall that is used also as a sitting area. The distribution is a living room in between the master bedroom and guest bedroom, you can easily convert the apartment into a 3-bedroom. The independent kitchen is quite large with a dinning area and following on there is a bathroom that used to be an uncovered terrace area.Additional Features:Beautiful apartment with traditional features of high ceilings, exposed wooden beams, exposed stone wall and chequered flooring. There is hot/cold air conditioning units in the rooms.Large communal roof terrace with a storage room that comes included in the property. You can enjoy views overlooking the bay, Cathedral and Santa Catalina.

Property summary

From a buyer's perspective, this property presents a unique opportunity to acquire a well-preserved, character-filled apartment in the heart of Santa Catalina, Palma de Mallorca. The 120 m2 apartment offers a great layout with 2 bedrooms that can easily be converted into 3, ensuring adaptability to changing needs. The property's prime location, near the beach, Cathedral, and local amenities, makes it an attractive choice for both investment and lifestyle purposes. As an investment, the property's estimated value of 650,000€ seems fairly competitive in the current market, considering its central location and the potential to generate rental income. The large communal roof terrace with stunning views adds an additional appeal for renters and could boost the property's rental appeal. Additionally, the presence of traditional features like high ceilings, exposed wooden beams, and chequered flooring can attract buyers seeking a unique living experience within the historic heart of Palma de Mallorca. From a lifestyle perspective, this property offers a fantastic opportunity to immerse oneself in the vibrant and elegant atmosphere of Santa Catalina. Its close proximity to the beach, local markets, and cafes implies a walkable community and convenient access to amenities. The spacious and well-organized layout ensures comfort for living, dining, and entertaining. Moreover, the beautiful views overlooking the bay, Cathedral, and Santa Catalina add to the overall appeal as a dream lifestyle property. In summary, this character apartment in the heart of Santa Catalina offers a great investment and lifestyle opportunity. The prime location, adaptable layout, and beautiful traditional features make it an appealing option for those seeking to combine comfort, convenience, and historical charm in a Mediterranean setting.