FLAT

"Wohnungsbesitz in Hotels in Palma"

€ 414.000

This unique residential and hotel concept features 13 exclusive apartments located in the trendy neighborhood of El Terreno in Palma. Situated between Bellver Park and Paseo Marítimo Boulevard, the area boasts numerous yachts, cruise ships, restaurants, cafes, and nightclubs.

The fully renovated and meticulously remodeled hotel offers 13 bright apartments (including 1 duplex) ranging from 48 m² to 99 m² with 1-2 bedrooms, 1-2 bathrooms, and a balcony.

The concept is simple - when the apartment is not being used, it can be rented out as a hotel suite, thus ensuring optimal financial return.

As an owner, you get to enjoy all the amenities of a hotel, including impeccable services such as cleaning, room service, lobby, and relaxation on two rooftop terraces with a pool and lounge area. At the same time, you can take advantage of your own apartment. This is the rebirth of the classic condo-hotel, providing an attractive investment concept that combines personal use and rental.

The hotel’s 24-hour concierge is always available to assist with a range of bookings, from restaurant reservations to nightclub access, to beach loungers and boat charters.

The apartments offer modern living with Feng Shui equipped interiors. The use of materials creates a balance between harmony and well-being, making the apartments light-filled.

The furniture package includes dishware, cutlery, pots, towels, TV, and much more, making the property fully ready for use from the very first day. Storage options are also available for personal belongings during periods of non-use or rental.

The concept is based on a 40% private usage and 60% rental rate. However, this calculation can be adjusted according to your specific wishes. Bookings and payment are handled through the hotel.

The building has limited parking spaces available for daily use at an additional fee. Negotiated special rates for monthly rental are also available at a nearby public parking garage.

A model apartment is available for viewing at any time.

A perfect property for Palma lovers who desire a peaceful home with all amenities nearby.

Energy certification has been applied for.

Price valid to date.

Our purchase offers are commission-free for the buyer!