For Sale: Apartment Building in Historic Casco Antiguo

€ 990.000

Attention Investors! A fantastic BUILDING is available for sale in the heart of Palma's Old Town. The property features 4 levels, including a ground floor, and a total of 408 square meters of built area. With a separate entrance, this is a single registration unit that comes with 1 Ibi, garbage and occupancy certificate, but without an elevator.

In addition, there is a magnificent PENTHOUSE with a private terrace boasting splendid views of the mesmerizing sea and the Cathedral. In total, there are six floors in the building, characterized by abundant natural light, spaciousness, and attractive wooden beams on the ceilings, hydraulic tiles on the floors, and original openings.

The property is currently rented and generating monthly returns ranging from €4,000 to €4,800 per month, which is not an old rent. This is an incredible investment opportunity that you do not want to miss out on.