Price: 2,000,000 €
This property for sale in Mallorca is a very large town house facing the sea in the highly sought after coastal area of Puerto Pollensa in the north of the island. The property comprises two plots, one sea facing and the other facing one street behind and the purchase price includes both plots and the house.
This is a very interesting investment project and the Town Hall Planning department specifies the following possibilities:
For the seafront plot:
Ground floor commercial premises, three floors with one apartment per floor and one attic in a setback position.
For the rear plot: ground floor commercial premises and two apartments.
If the development is taken on as a single project on both plots it would be possible to gain more square meters for building. There is currently no certificate of habitability due to the building dating from the 1930s. However, each residence and the garage has its own electricity meter.
The selling price is for the house only but both plots could be acquired for €2.370.000 which would increase the potential considerably.
This property represents a unique opportunity to invest in this area of very high demand.
Price: 600,000 €
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