DUPLEX APARTMENT

"Palma: Eigenheim mit offizieller Ferienvermietung" becomes "Charming Palma Home with Official Vacation Rental Permit".

€ 615.000

This unique living and hotel concept features 13 exclusive apartments situated in the trendy neighborhood of El Terreno, in Palma. The property is located between Bellver Park and Paseo Marítimo Boulevard, where numerous yachts, cruise ships, restaurants, cafes, and nightclubs can be found.

The property consists of a completely renovated hotel with a total of 13 bright apartments (1 of which is a duplex), ranging in size from 48 m² to 99 m², featuring 1 to 2 bedrooms, 1 to 2 bathrooms, and a balcony.

The basic concept is simple: when the apartment is not in use, it is rented out as a hotel suite, making it an ideal investment that can easily be financed.

As an owner, residents get to enjoy all the amenities of a hotel, including cleaning services, room service, and access to the lobby, as well as relaxing on the 2 rooftop terraces with pool and lounge area. At the same time, they can enjoy all the benefits of owning their own apartment. This concept is the rebirth of the classic condo hotel and is an interesting investment opportunity that combines home ownership and rental options.

The hotel's 24-hour concierge is available to help with anything from restaurant reservations to nightclub entrances, sun loungers on the beaches, or yacht charters.

Residents will enjoy modern living in a Feng Shui-designed apartment, with all materials used to create a balance between harmony and well-being. Every apartment is bright and flooded with natural light.

The apartment is also available fully furnished, including dishes, cutlery, cooking utensils, towels, and television. This means that buyers can enjoy their new home from the very first day. Additionally, there are storage facilities for personal belongings during periods of absence or rental.

The concept is based on 40% private use and 60% rental each year, but it can be customized to individual needs. Bookings, payments, and other administrative tasks will be handled through the hotel.

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

This is the perfect property for those who love Palma and want to live in a peaceful environment while having all the amenities at their doorstep.

Energy certification is pending.

Price valid until the specified date.

Our purchasing offers are commission-free for buyers!