Based on the given description, the property in question is a pair of apartments located in Mahón, Balearic Islands. The apartments are sold together and are independent from each other. The first floor apartment has two bedrooms, while the second floor apartment has three bedrooms. Both apartments are currently rented with contracts expiring at the end of 2025. Additionally, there is a communal terrace for both apartments. The ground floor is an independent flat with a different owner.

From a buyer's perspective, this property offers a few advantages. Firstly, the combined price of 170,000€ for two apartments with a total of five bedrooms is relatively affordable, especially considering the location in Mahón, Balearic Islands. This makes it an attractive option for those looking to invest in real estate or acquire a lifestyle property at a reasonable price.

Secondly, the fact that both apartments are currently rented with contracts expiring in 2025 provides a steady income stream for the buyer. This can be particularly appealing to investors looking for a passive income source or those who plan to live in one of the apartments while renting out the other.

Thirdly, the communal terrace offers additional living space and the potential for outdoor entertainment. This can enhance the overall appeal and usability of the property, making it more attractive to potential tenants or buyers in the future.

However, there are also some potential drawbacks to consider. The ground floor apartment being owned by a different owner may pose challenges in terms of management and coordination of shared spaces or building maintenance. Additionally, the property's location in Mahón may not appeal to everyone, and there could be limited demand for rental properties in the area.

In terms of real estate investment, the property's location and the combined price make it a potentially good investment. However, it is essential to conduct thorough market research and consider the potential rental demand and competition in the area.

As a lifestyle purchase, the property offers a unique opportunity to own two apartments in the same building, providing flexibility for living arrangements or generating income. The communal terrace and the location in Mahón can also contribute to a desirable lifestyle. However, the potential challenges related to the ground floor apartment and the specific location should be weighed against the potential benefits.

Flats for sale in the centre of Mahón, one is on the first floor and the other on the second floor with communal terrace for both.The two flats are sold together for the published price and they are totally independent from the registry office. The first floor has two bedrooms and the second floor has three.Both flats are currently rented with a contract expiring at the end of 2025.The ground floor is a totally independent flat with a different owner, having been a commercial premises which is now without a specific use. #ref:V3203

5 bedrooms apartment in Mahon, Balearic Islands, Spain

Villa under construction of 350 m² located on a plot with a slope of 533 m² and spectacular views of the sea. The house is distributed on three levels. On the lower level we find two rooms with access to the pool area, a bathroom and a machine room. On the middle floor we would have a kitchen open to the dining room with access to the terrace and access to the infinity side pool, a toilet and a large living room, all with large panoramic windows and access to a magnificent terrace where you can enjoy wonderful views of the sea. The upper floor houses two other double bedrooms with a private bathroom and access to a terrace with sea views. In addition, the lower floor has a garage space for two cars. The entire house is connected through an elevator. The information described here is merely informative and is assumed to be accurate, however, the data referred to above may be subject to errors, price changes or modifications of conditions without prior notice.

5 bedrooms house in Mahon, Balearic Islands, Spain

Do you fancy a renovated house with views in the typical fishing village of Es Grau? Not many come up for sale and this exception is a great opportunity. Take a look!The house is located really close to the beach and the wharf, where you can moor your boat and take off to enjoy one of the loveliest coastal areas of Menorca. There are open terraces on both the ground-floor (with living-room etc) and the floor housing the main bedroom, and a garage which is accessed from the street behind. The house comes furnished and is in impeccable condition. It also has a Tourist Licence, meaning that you can advertise to rent it out legally. Dont hesitate to get in touch with us as soon as possible if you are interested in this house in Es Grau, as it is really worth seeing what it has to offer! #ref:V2933

4 bedrooms house in Mahon, Balearic Islands, Spain

Spacious country house located in the town of Llucmessanes and surrounded by nature, where you can enjoy a slow lifestyle.The property is distributed on one floor and also has a guest apartment with 1 bedroom, 1 bathroom and a kitchen. The main house has 5 bedrooms and two bathrooms, a large kitchen - dining room, living room, laundry room and pantry. A magnificent garden and next to the pool, we find an annexe with a Jacuzzi and a bathroom. #ref:M9221

6 bedrooms house in Mahon, Balearic Islands, Spain

Country house, currently divided into three dwellings. Originally it was a single dwelling but a reform was carried out transforming the ground floor into a new house.The main house is on the ground floor, accessed through a covered and glazed terrace, reaching the living area, which includes a cooker. It consists of a living - dining room, separate kitchen, four bedrooms; two doubles with en-suite bathrooms, an interior single bedroom, and another double bedroom with dressing room, and an additional bathroom.The second property is in the area formerly used as a warehouse, also on the ground floor with its own independent entrance.It has a living room, kitchen and bathroom. It is a single double bedroom. The third property, with 2 double bedrooms, is on the first floor, totally reformed and also with its own independent entrance.It is entered via a staircase that leads to the open plan lounge and dining room. There is a kitchen and an uncovered terrace, a bathroom, laundry area and another covered terrace.Outside we have the swimming pool which has a barbecue area and summer dining area, own well, currently not connected to mains water, but it is prepared to be connected in the future. There are three independent meters. #ref:V3267

7 bedrooms house in Mahon, Balearic Islands, Spain

Magnificent opportunity to rebuild and convert this property into a unique country house surrounded by 220.000m2 approx. The main building has a constructed area of 228m2 and two further buildings of 214m2 and 44,50m2. It has currently no main electricity supply. Water supply through a well. #ref:M9071

4 bedrooms house in Mahon, Balearic Islands, Spain

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