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Ground floor and first floor of a development in Playa de Palma
Palma De Mallorca (Arenal) - REF. 4130
250 m2 5 3
sale: 525,000 €
Description

Nappo Real Estate is delighted to present this fantastic investment opportunity, comprising two separate properties—ground floor and first floor—located just 100 metres from Playa de Palma, one of the most sought-after areas thanks to its coastal atmosphere, leisure facilities and excellent links to the city centre.



This prime location allows you to enjoy all amenities within walking distance: supermarkets, restaurants, public transport, schools and the seafront promenade. Furthermore, the area boasts numerous bus links and direct access to Palma’s cycle path, ensuring excellent connectivity and convenience for both residents and tourists.



The ground floor comprises three bedrooms, a full bathroom, a fully equipped separate kitchen and a functional, bright living-dining room. The first floor also features three bedrooms: two on the main floor and a third bedroom on the upper floor, which opens onto a spacious private terrace, ideal for enjoying the Mediterranean climate and time outdoors.



Both properties are in good condition and have long-term tenants, ensuring immediate returns for the investor. They feature aluminium windows, plenty of natural light and a practical layout for residential use.



Current rent:

Ground floor: €850/month

First floor: €600/month



These properties represent a solid and secure investment, as they generate income from day one whilst maintaining existing tenancy agreements. They have low service charges and are situated in an area in high demand for both tourism and residential living.



Don’t miss out on this magnificent investment opportunity just a stone’s throw from the sea. Two self-contained properties offering immediate returns, in an unbeatable location next to Playa de Palma.



Contact us today for more information or to arrange a viewing!

With NAPPO you can SELL, BUY, RENT or INVEST in a property; we also have our own RENOVATION company with staff, architects and designers; an in-house department to secure the best MORTGAGE on the market and an integrated LEGAL DEPARTMENT. With over 40 ASSOCIATED AGENTS and 6 OFFICES across MALLORCA and MADRID, we are the partner who will accompany you from start to finish throughout the entire property process. WHERE THERE IS NAPPO, THERE IS A HOME.

Features
Sale Price 525,000 €
Price/m² 2,100
Constructed area 250 m2
Usable floor space 185 m2
Bedrooms 5
Bathrooms 3
Floor type Stoneware
Energy Rating In process
Electricity
Water
Efficiency scales



Contact your adviser
Mateo Castrillon
Contact us

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