COMMERCIAL

"For Sale: Playa de Palma Hostel with Swimming Pool"

€ 1.200.000

For sale is a charming hostal that boasts a tranquil location, complete with a refreshing pool, in the heart of Platja de Palma. Situated on a peaceful cul-de-sac, it is a mere 400 meters from the beach and in close proximity to an array of shopping options, bars, restaurants, and convenient taxi and bus stops. It is truly a gem nestled within the most desirable attractions of Platja de Palma.

Among its many impressive attributes, a newly developed area with multiple retail stores, including a Lidl market, is rapidly transforming the surrounding district, ensuring a bright and promising future for the neighborhood. The hostal itself has been beautifully renovated – the last refresh being in 2004 – including new roof tiling in 2003 and a fully refurbished terrace area.

The property has four floors with one basement measuring 175 m², the first floor measuring 126 m², the second and third floors each measuring 85 m², and finally, the fourth floor with an area of 17 m² for staircases and approximately 65 m² for the roof terrace. In total, the property boasts a built-up area of 573 m², plus a generous outside balcony totaling 48 m².

On the property, there is plenty of usable space totaling 365 m², including a cozy and spacious 175 m² basement. The hostal itself comprises 12 double rooms, all with bright and welcoming décor, of which 10 have a beautiful south-facing balcony. They are all equipped with necessary amenities, including a refrigerator, radio, television, and electric hot plates, complete with a shower-bath and toilet as well as fitted wardrobes. On the ground floor, guests can enjoy a fabulous breakfast common room complete with a bar, fireplace, and television, as well as separate ladies and men’s toilets.