INVESTMENT OPPORTUNITY FOR CITY HOTEL

Fabulous Mallorcan Possession on the outskirts of Palma, dating back to the XVI century. Situated on a plot of 7.200m2 this large property with 1.500 m2 built and the possibility to build 1.500 m2 more. Historical property with lots of character and good access to the motorway. Beautiful manor house, with large spaces, high ceilings, stone arches, incredible vaults, preserving the beauty of the history of its time.

It currently has a project and building permit in progress for a change of use from Possessió to City Hotel with restaurant and function hall for weddings and events.

28 rooms with the taxes paid and the possibility of acquiring more rooms.

Views of Palma and the Tramuntana mountains. 10 minutes from the airport and the city centre. The finca has its own well and mains electricity.

This impressive property is situated on a large plot of land, offering a garden with palm and fruit trees and an area to create an orchard to cultivate its own fruits and vegetables. There is also an ample terrace and a central patio ideal for relaxing.

The hotel model in Mallorca is undergoing a significant change in recent times, moving from 3* tourism to 4* or 5* star quality tourism, hence former manor estates and palaces on the island have been renovated into exquisite, first-class, elite boutique hotels. A new hotel culture is awakening on the island. If you are considering investing in a hotel in Mallorca, this fabulous Mallorcan Possession in the city could be your opportunity.

Located in the city of Palma, on the island of Mallorca, Spain. The neighborhood is situated on the western edge of the city and is characterized by its tranquil atmosphere, green spaces, and proximity to various amenities.

The neighborhood is well-connected to the rest of Palma and the island, with easy access to the Ma-20 highway and public transport. The airport is also conveniently located just a short drive away.

1.500 m² constructed area
It is possible to build a further 1.500 m2
Mixed use building status (Residential building or Hotel building)
3 floors
10 garage/parking spaces
Renovation required

Palma de Mallorca is the enchanting capital of Mallorca. Nestled along the azure waters of the Mediterranean Sea, this coastal gem offers a delightful blend of history, culture, and natural beauty. Its star attraction is the stunning Palma Cathedral, a masterpiece of Gothic architecture overlooking the harbor. The charming old town, with narrow cobblestone streets, reveals a tapestry of ancient buildings, shops, and cafes. Sun-seekers flock to the sandy beaches and crystal-clear coves, while art enthusiasts explore the museums and galleries. Palma's warm climate, delectable cuisine, and lively atmosphere make it an ideal destination for any traveler.

• Dining Area
• Charming Property
• Garden
• Full of Character
• Interior Courtyard
• Renovation Needed
• Outbuildings
• Parking
• Parking: Private