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Dream project in a unique location near Arta with direct access to one of most beautiful natural beaches in Mallorca

Object No.: 77454

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€3,800,000

Purchase price

597,450 m²

Plot Area
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Description

Details: A truly unique opportunity to live in absolute privacy in a residence surrounded by 3 million sqm of nature-protected area, adjoining one of the most beautiful natural-beach bays of Mallorca. It consists of 3 separate buildings. The main house with integrated tower offers a living space of 667 sqm. The 2nd building has an area of 202 sqm, and the 3rd has 100 sqm of living space. In addition there is a terrace area of 259 sqm in total. Built in 1971, the whole complex can now be completely renovated and refurbished and a renovation licence already exists which authorises work to be carried out up to October 2023. All buildings are already completely gutted and the individual wishes of the new owners can still be incorporated into the design. Already planned are large terraces, sea views even from the ground floor, panorama windows, wrap-around balconies, and a power supply using solar energy. A paved, private 1.6 km long access road leads conveniently to the residence, which is situated only about 20 km away from the historic town of Artà. No further construction is allowed in the area, guaranteeing complete privacy, and it is possible to enjoy horse riding and/or hunting on the property, or to simply admire the magnificent panoramic views of the mountains and the sea. The purchase price of 3.800.000,- € includes the almost 600.000 sqm plot, the 3 buildings and the building permit. The existing cost estimate calculates the complete renovation project at approx. 1.700.000,- €. There is also the possibility to purchase an additional 240 hectares of land which directly border the natural beach. 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: Artà is situated in the northeast of the island, a good part of the municipality is part of the natural park “Parque Natural de Llevant”. It belongs to the few municipalities of Mallorca that still have natural wide sandy beaches. About 7000 inhabitants live in the 140 km2 large municipality area. The landmark, the church of Sant Salvador with its thick walls, looks proudly down to the village and can be seen for miles around.

Location

Arta

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