Price: 1,950,000 €
The price was reduced from 2,000,000 € to 1,950,000 €.
This property for sale in Mallorca is an 88.000sqm piece of land in Binissalem not far from Palma, the capital of the island. The property includes a 220sqm house which needs to be renovated and three more buildings used for agricultural purposes. There is a 600 cubic meter water deposit for irrigation and also a well with a large amount of water, even in the dry summer months. The property has two different entrances.
At the present time there are about 400 olive trees and 50 fruit trees on the property plus the possibility of planting 3.2 hectares of vines in this wine producing part of the island. This project for a vineyard could include the construction of a winery for wine production and tasting. This month 2.5 hectares of vines will be planted of the 3.2 hectares permitted in total.
The property is in a very good location with a lot of privacy yet at the same time very well communicated with the local town and with Palma and the international airport. There are some fantastic views of the nearby Tramuntana mountains.
