VILLA

Historic District Investment Opportunity in Palma

€ 3.195.000

Investment opportunity awaits in this historical Palma de Mallorca building, nestled in the heart of the old town. An outstanding, multi-level property featuring remarkable terraces dating back to Roman times, with the current design from the XIIIc. A partial renovation was completed in the 1960s, followed by necessary maintenance work to ensure optimal structural support up to 2015's standards. The property is registered in the historic architectural registry, holding a C-level historic grade, and overlooks one of the most impressive streets behind Plaza Santa Eulalia. This remarkable property boasts magnificent original architectural elements and ornaments, ideal for blending with a modern reimagining of the structure. It is possible that the building features an underground secret passage to an ancient Roman bath/spa. It is also possible to acquire a part of the building, with the listed price being for the entire property, spanning 620m2, with the added perk of a renovated penthouse area.