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

First floor flat without lift which includes an orchard of 40 m2 and which has been refurbished.The flat has a living room, kitchen with access to a small tiled patio, 3 bedrooms and 1 bathroom; furthermore on the 3rd floor there is a space of 35 m2, in which there is a kitchen, 1 bathroom and a diaphanous room which can be a living room or a bedroom. In the area situated at the back of the building, there is a plot of land that is divided into enclosures properly fenced and each neighbour can plant vegetables or have it as a recreation area, the one that corresponds to this house is 40 m2.Without a doubt it is a peculiar and very attractive flat, do you want to visit it? Call us and well show it to you!!! #ref:V3242

4 bedrooms other in Mahon, Balearic Islands, Spain

Magnificent detached family house in Mahón. This two-storey property has a built area of 238m2 approx and comprises a total of 5 bedrooms and 3 bathrooms. Large living-dining room with access to the covered terrace, ample and well-equipped kitchen, laundry and a small separate room with WC. The exterior is surrounded by a well-kept garden, including a swimming pool and BBQ area. #ref:M9101

5 bedrooms other in Mahon, Balearic Islands, Spain

Having a house in Es Grau is a dream for many and at this property you will be able to take your morning coffee on the terrace whilst looking out at the sea views.This interesting property is divided into two parts with independent entrances. In one half, there is a house of about 50m2, renovated a few years ago that has a front terrace of about 10m2 with sea views, living room, kitchen, 2 bedrooms and a bathroom that is accessed from the small rear patio. The other half has about 40m2 of storage with a bathroom. Both units have air conditioning and a split heat pump.This house is ideal for those who love the sea as, apart from the obvious fact of being 15 steps from the water, a small boat could be stored in the warehouse and in summer use it as a social room for getting together with family and friends.In addition, its location is ideal, between two car parks and a ramp in front to lower the boats.If this is not enough, there is also the possibility of extending the property.Dont hesitate, lets organise a viewing! #ref:H3251

2 bedrooms house in Mahon, Balearic Islands, Spain

An authentic Menorcan country house, completely restored retaining many of the original features. It sits on a private plot of 49,500 m2. The property has a house, stables, well, old bread oven, cattle farms, warehouses, two cisterns, large pool and underfloor heating. Electricity 380 and 220 w. The ground floor has a large entrance hall, 3 double bedrooms, large living room with fireplace, large kitchen, two bathrooms and on the 1st floor, 3 large bedrooms with terrace overlooking the countryside. The property is in very good condition. #ref:M7799

5 bedrooms house in Mahon, Balearic Islands, Spain

This flat is located in a quiet street in the centre, but accessible by car and with a large number of parking spaces in the area.It is on the first floor, without lift, totally refurbished and with a pleasant and functional decoration. The living room has two large windows overlooking the street, creating a single space with the kitchen and dining area. Each of the two bedrooms has a window to the outside, and the bathroom they share has a shower.The floors are in natural wood, ceilings with exposed beams, perfect state of conservation. If you can imagine yourself living in this house you have to start by calling us and visit it, dont wait any longer! #ref:V2948 (2)

4 bedrooms other in Mahon, Balearic Islands, Spain

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