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Country-house with sea views in Establiments offering ample potential as a project and ideal for keeping horses

Object No.: 118353

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€3,500,000

Purchase price

40,000 m²

Plot Area

7

Bedrooms

3

Bathrooms
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Description

Details: This traditional country-house dates from 1886 and is situated in Escar de Real, a quiet district on the outskirts of Palma. Its approx. 610 sqm of living space is made up of 550 sqm of interior space and 63 sqm of terrace area, and is spread over 2 levels. Both levels form their own, separate living units. The house contains14 rooms, 2 kitchens and 3 bathrooms, although it would be possible to connect and enlarge rooms and remove walls in order to create a very open spatial concept. On the upper floor there is access to a terrace from where a staircase leads to a further panoramic roof terrace. This terrace provides breathtaking views of the Tramuntana over the rooftops of the town and its surroundings as far as the bay of Palma. A further 500 sqm of the land is distributed over diverse livestock buildings which surround the residential building. Large stables, ideal for keeping horses, and smaller buildings could be used as housing for animals, storage space, workshops or studios. In the house there are also 3 further rooms which could be converted, for example, into a garage. The plot of land has an area of approx. 40.000 sqm, with the main house characterised by charming, traditional details, some areas modernised and some in their original condition. The property requires a general renovation and restoration, and would be interesting for agricultural use, or to enthusiasts or investors. It is able to be used both privately or commercially. According to current regulations a pool could also be added. The property has mains power, and water is supplied from a communal well. Returns from holiday lettings: For initial orientation you can use the “Porta Holiday Returns Calculator” without obligation to calculate your potential returns from holiday letting. NB: Due to the current legal situation it is possible that in certain municipalities renting restrictions may apply, or new touristic licences may not be granted. Your Porta Mallorquina real estate consultant will be pleased to advise you whether the property you have chosen is affected. Go to Returns Calculator. Location & surrounding area: Establiments is a popular and still-authentic Mallorcan village which adjoins the north-east of the island capital. Most of the buildings there are detached houses. Due to its former independence Establiments offers the complete infrastructure of a village including schools, shopping possibilities, bars and restaurants, and apart from that has perfect connections to the town centre.

Location

Establiments

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