Documents
Description
We present an exceptional opportunity for investors with vision: for sale as a block of 8 independent refurbished premises, all with their own title deeds, already generating rent as homes, located on the ground floor with direct access to the pool area and unobstructed views. An uncommon combination in the current market that allows multiplying the exploitation and profitability channels.
???? Unbeatable location:
Located in San Agustín, one of the most sought-after areas of Palma, which has experienced strong growth in recent years, both in property value and rental demand. Currently, the average price per square metre is around 5.800 €/m², which reinforces the very high revaluation potential of this investment.
???? Total built area: 463 m², distributed in 8 units of between 28 m² and 116 m², all with independent access, and direct access to the swimming pool, natural light and an attractive setting that enhances its commercial, residential or tourist value.
???? Multiple profitability options:
Rental per unit for diversified rentals.
Fractionation, refurbishment and sale, taking advantage of the value per m² in the area.
Adaptation to coliving models, tourist flats or room rentals.
Combination of own use + partial rental, ideal for investors looking to diversify.
???? Important legal and fiscal advantage:
6 of the 8 refurbished units, have independent title deeds, which allows them to be sold or managed separately in the future. In addition, the property is in the name of a limited company (S.L.), which can lead to significant tax savings on both the acquisition and operation (you can deduct 21% of the value!).
A turnkey investment, with a high return, growth projection and multiple strategic outlets. In an area where it is increasingly difficult to find opportunities like this, today you can secure a solid, versatile asset at well below the average market price.
Real estate agency registered in the Official Register of Real Estate Agents of the Balearic Islands ROAIIB with the number GOIBE740280/2024.
Overview
- Local comercial
- Property Type
- 9
- Bedrooms
- 8
- Bathrooms
- 1
- Garage
- 465
- m²
- 1970
- Year Built
Address
- Address Palma,Illes Balears
- Zip/Postal Code 07015
- Country
- State Illes Balears
- City Palma
- Area Sant Agustí