5 bedrooms house in Palma de Mallorca, Balearic Islands, Spain

1 275 000€

Palma de Mallorca, Balearic Islands

Features

General
Year of construction: 1900
5 bedrooms
4 bathrooms
Terraces
Own Garage
Equipment
Installation of Air Conditioning
Fireplace
Alarm

Property description

Gorgeous house with 5 room, patio, guesthouse, 3 terraces, garage, with views of the harbour. Approximately 225 m2 distributed in 5 bedrooms, 3 bathrooms, large walk in closet shared by 2 of the rooms, and 1 toilet, kitchen, living room, dining room, 3 different private terraces where 1 is a rooftop terrace with another bedroom or living room area, large patio, garage, views of El Terreno and the harbour from the rooftop, has commercial licence should you wish to rent it out, guest house with kitchen and bathroom with bathtub, has garage, fantastic solar orientation, air conditioning on the upper floor. A stones throw from the harbour and lots of great restaurants and beautiful environments. A highly desirable location which makes it perfect as either an investment or a place to enjoy the Palma lifestyle of your dreams. El Terreno is a fast growing area and this house is centrally located with good communications to the centre of Palma (10 minutes bus ride to city centre). Close proximity to shops, restaurants, bars, hospital and all other services. More properties in Mallorca available at Puroestate.com #ref:SW-160

Property summary

As a buyer, you're considering a stunning 5-bedroom, 3-bathroom house located in the desirable El Terreno neighborhood of Palma de Mallorca. The property offers fantastic city views, with its attractive rooftop terrace and 3 balconies providing ideal spaces to relax, entertain, or enjoy the panoramic vistas over the harbour. With an estimated size of 225m2, the house offers a great layout featuring a kitchen, dining room, and living room. Additionally, the patio and garage offer practicality, while the 5th room or guest house provides flexible living options. The property comes with air conditioning, solar orientation, and a commercial licence, making it an attractive investment opportunity. Its location, mm, close to the city center, shops, restaurants, bars, and facilities, and a short walk from the harbor, ensure that you'll be well connected and surrounded by amenities. In terms of real estate investment, the property's location and potential for rental income (due to the commercial licence) make it a good investment. However, with an asking price of 1,275,000€, the return on investment will depend on your specific financial goals and the local market conditions. Overall, this property offers a fantastic lifestyle opportunity, boasting stunning views, attractive design, and a great location. With El Terreno as your backdrop, you'll enjoy the city's vibe and easy access to its many attractions. Investing in this property not only provides a beautiful home but also a potential rental income stream, making it a well- rounded opportunity.