FLAT

Hotel-Mix Property in PALMA for Living and Renting Out

€ 377.000

This unique residential and hotel concept features 13 exclusive apartments in the trendy district of El Terreno in Palma. Located between Bellver Park and Paseo Marítimo Boulevard with its numerous yachts, cruise ships, restaurants, cafes, and nightclubs.

A fully renovated hotel with a total of 13 bright apartments (including 1 duplex) is available, ranging in size from 48 sqm to 99 sqm, with 1 to 2 bedrooms, 1 to 2 bathrooms, and a balcony.

The basic concept is simple: when the apartment is not in use, it can be rented out as a hotel suite, making it a perfect investment opportunity.

As an owner, you can enjoy all the amenities of a hotel alongside impeccable service, from cleaning and room service to the lobby and relaxation on two rooftop terraces with a pool and lounge area. In return, you can enjoy all the benefits of owning your own apartment. This is a unique investment concept that combines personal use and rental income.

The hotel's 24-hour concierge is available to assist with bookings for a variety of activities, from restaurant reservations to nightclubs, sun loungers at the beach, or boat charters.

We offer modern living in a Feng Shui-designed apartment, using materials that create a balance of harmony and well-being. Each apartment is full of natural light.

The furniture package includes dishes, cutlery, pots, towels, television, and more, allowing you to enjoy the property from day one. Storage space is also available for personal belongings during your absence and rental periods.

The concept is based on 40% private use and 60% rental income annually, although this can be adjusted based on individual preferences. All bookings, payments, etc. will be handled through the hotel.

Limited parking spaces are available in the building for a daily fee, and special rates for monthly rentals have been negotiated in a nearby public garage.

A sample apartment is available for viewing at any time.

This is the perfect property for Palma lovers who want peace and quiet while still having all the amenities at their doorstep.

An energy certificate has been applied for.

Price valid until date.

Our purchase offers are commission-free for the buyer!