Residential Complex in Palma de Mallorca - Prime Location

This residential complex in Palma de Mallorca represents an exceptional investment opportunity in a vibrant and growing market. With a total plot area of 1,877 m², it allows for the development of up to 19 modern apartments, each around 90 m², appealing to a diverse range of tenants. Prime Location: Located in one of Palma's most sought-after neighborhoods, the property benefits from easy access to amenities, public transport, and beautiful beaches. This prime location ensures strong demand for rental units, attracting both locals and expatriates. Development Potential: With a GFA of 1,877 m² and a basement area of 657 m², the property maximizes space while providing options. Strong Rental Market: Palma boasts a robust rental market with high occupancy rates and increasing rental prices. The demand for quality residential properties continues to rise, ensuring a steady income stream for investors. Financial Viability: The potential for attractive returns on investment through rental income is significant, especially given the property's strategic location and the anticipated demand for well-designed apartments. Future Growth: As Palma de Mallorca continues to develop and attract international interest, property values are expected to appreciate, making this a smart long-term investment. In summary, Residencial Plurifamiliar Complex offers a unique opportunity to invest in a prime location with strong growth potential in the dynamic Palma de Mallorca real estate market. Don’t miss this chance to capitalize on a thriving residential sector!