townhouse with hotel licence for sale in Palma. Investment opportunity – PRICE REDUCED – ACCEPTING OFFERS
Palma: Charming historic townhouse with hotel license
Semidetached townhouse with hotel and restaurant licence for sale in Palma.
Investment opportunity – PRICE REDUCED – ACCEPTING OFFERS
This charming property is located in a very quiet street in a fashionable and south after area in Palma de Mallorca.
The main building was built in 1930, one of the few protected buildings in the area. The property has been used as a hotel for the past 30 years.
Plot size 800m2, constructed area approx. 480m2.
The property currently has 10 bedrooms and 7 bathrooms, there is an old project to extension to 15 rooms*.
There is a project also to build a pool*.
The property is has a parking for 8-10 cars.
*subject to current regulations
This property offers an amazing investment opportunity in the heart of Palma city.
Asking price: €4,500,000
Year of construction 1930
Plot size 800 m2
Constructed area approx. 480m2
Size balcony & terraces 85 m2
Rooms 14
10 bedrooms, 7 bathrooms, office
Terraces and balconies 4
Parking lots approx 10
Possibility to build a pool
