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Invest in Mallorca's only antique soap factory in Palma

Object No.: 115363

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€8,750,000

Purchase price

496 m²

Plot Area
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Description

Details: The excavations of what is apparently the only antique soap factory in Mallorca in combination with an ultra modern residential building with a traditional facade in the middle of the old town of Palma. It's worth taking a closer look! A living / usable area of almost 1,700 sqm is planned on a floor space of almost 500 sqm. The building application submitted provides for a total of 11 apartments, including a duplex penthouse with a private sun terrace, a communal terrace and a pool on the roof. There are also 6 parking spaces. Of course, an investor could still change the plans according to his wishes. The property offers many possibilities. The purchase price includes the completely gutted property including building permit. Returns from holiday lettings: In terms of property type, this property is suitable for holiday letting. 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: Palma's old town is ideal for those wishing to live in the midst of city life, with its small, sleepy squares, narrow alleys, wonderfully picturesque buildings, lively shopping streets and restaurants and cafes. In this part of the town something is always happening, and here the most places of interest can be found including the famous cathedral La Seu, built between the 14th and 19th centuries, the Arab baths, the Almundaina palace or the well-known nightlife-quarter La Lonja. The history of the capital of Mallorca can truly be felt here. Take a stroll down the narrow alleys of the old town of Palma and drink a coffee or a glass of wine on one of the little squares. Let yourself be enchanted by the charm of 'the pearl of the Mediterranean', and you will surely never forget Palma. Nearby is the 'Plaza Espana' from where there are connections to the very well-organised traffic system, no matter whether you are travelling by bus, train or taxi.

Location

Palma

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