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Premises in an excellent location for conversion to residential use

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Remax Del Mar 971 062 876
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295.000 €
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This spacious 132 m² commercial space, located just a few meters from one of Palma’s main arteries, Calle 31 de Diciembre, offers great potential for conversion and excellent profitability.

Currently, the space is divided into 3 individual cabins, all equipped with water installations, one of them with a full bathroom, and 3 offices. It has been completely renovated, including plumbing, electricity, central air conditioning, a built-in sound system, as well as updated floors and walls.

By simply modifying the layout, you could transform this space into a very attractive home, perfectly located in the heart of Palma.

At the rear of the space, you’ll find an area prepared for a kitchen installation, following the initial project design, as well as access to a private terrace. This area can be converted into a beautiful patio, creating an oasis in the heart of the city.

Additionally, the property includes parking spaces and a private entrance (vado), adding further value to this unique property.

Surroundings:
This space is surrounded by a wide variety of services and amenities: supermarkets, pharmacies, schools, and green areas, attracting both residents and visitors. Calle 31 de Diciembre directly connects with the center of Palma and is a key transit route. Despite being a main street, this area retains a neighborhood feel, with many local businesses and an established community.

Investment Prospects:

Revaluation: The area has experienced steady growth in real estate value over recent years, making it a great option for investment, whether in residential properties or commercial spaces.
Development: There is a growing interest in renovating and modernizing properties in this area, attracting investors looking to revitalize spaces for higher returns in the medium and long term.
With a high potential for revaluation, this property is ideal for those seeking a solid investment in one of the most vibrant and promising areas of Palma. Contact us for more information on pricing and regulations—we'll be happy to provide further details during your visit!

Property Features

  • Reference IB2423
  • Type of Operation For sale
  • Type of property Business Premise
  • Zone / City Bons Aires / Palma de Mallorca
  • Net Internal Area 132 m2
  • Built Surface 150 m2
  • Condition Semi New
  • Bathrooms 3
  • Year built 1950
  • Terrace Size 16 m2
  • Exterior type Mixed
  • Type of Floor Tile
  • Tax 234€
  •  Air Cond. Central
  •  Garage Included
  •  Patio
  •  Terrace
  •  Air Conditioning
  •  Light
  •  Water
  •  Piped Music
  •  Alarm
  •  Adapted Pmr
  •  Bright
  •  Preinst. Musi
  •  High Ceiling
  •  Buses
  •  Schools
  •  Hospitals

Energy Efficiency Rating

Pending Energy Consumption
kWh/m2 Year		 Consumer Kg CO2/m2 Year

Situation

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