VILLA

Renovated Villa with Stunning Sea View and License to Expand with 5th Bedroom: Lucrative Investment Opportunity

€ 3.500.000

This renovated villa offers stunning panoramic views of the entire bay of Palma, Puerto Portals marina, and Palmanova. Its optimal south orientation ensures sunlight from morning until sunset.

Situated on a 1900 m² plot, this recently renovated property boasts a living area of 220 m² spread across 2 floors.

Upon entering the villa through the upper floor, you are immediately greeted by the breathtaking sea view. Here, you'll find a spacious and bright living and dining area, an open kitchen with a kitchen block, a guest toilet, a large utility room, and direct access to the garage, which can accommodate 2 cars. The upper floor also features a sea view terrace that spans the entire floor.

The lower floor of the villa houses 4 bedrooms, each with an en suite bathroom and sea views.

An extension project has already been approved for the property. This includes adding a 5th bedroom suite with a sea view on the lower floor, a dining terrace with direct access from the kitchen on the upper floor, constructing balconies for 3 bedrooms with direct access to the pool and sea view terrace on the lower floor, and renovating the pool. The estimated construction cost for these improvements, which are included in the February 2020 license, is €110,000. This presents an excellent opportunity for development and investment.

Additional features of the villa include oak parquet flooring, pre-installed gas central heating, solar heated water, air conditioning, double glazed windows, a garage for 2 cars, and parking spaces for 2 cars.