Nestled in the heart of Palma, this charming hotel presents a remarkable opportunity for transformation and investment. Situated conveniently just 20 minutes from Palma Airport, this property spans approximately 350 m2 of constructed space, with a plot size of 560 m2. Additionally, a 280 m2 plot is included, currently used as parking, and also suitable for development.
The property spans two floors and offers ten bedrooms and five bathrooms, covering a wide range of guest needs and configurations.
Currently requiring renovation, the hotel boasts significant potential and benefits from existing licenses for both room rentals and a restaurant/bar, offering a versatile investment opportunity. The layout includes a spacious kitchen with infrastructure ready for the installation of a new, fully equipped kitchen, a dining area, an indoor bar, and three separate lounges with a lovely terrace overlooking the courtyard.
The outdoor space includes two terraces in the patio area, complete with a bar, where guests can enjoy refreshing drinks in a delightful setting, ideal for relaxation and social gatherings.
Additional amenities include uncovered parking spaces and a small storage area, enhancing the practicality of the property. The building is ready to be revitalized and tailored to your vision, making it an exceptional investment for those seeking to capitalize on its potential.
#ref:5912
Reference: 5912
Please quote MiMove 5912 when contacting the Agent
