for sale

Paseo Marítimo-El Terreno

Unique traditional Mallorcan house with enormous hotel potential in El Terreno

Price

4.000.000€

Reference

R. 2401007

Rooms

Rooms

12

Living space

Living space

500 m2

Area plot

Area plot

800 m2

This old Majorcan house is located in the emblematic neighbourhood of El Terreno, a very special area of Palma which is also being reformed to become one of the most exclusive neighbourhoods of Palma, next to the Paseo Marítimo, and very close to the centre. It is also within walking distance to numerous restaurants, shops, hotels, and all services such as banks and supermarkets.

The house is spectacular, built at the beginning of the 20th century in modernist style by the prestigious architect Gaspar Bennazar. It stands out for its great hotel potential, as it has a capacity for 22 tourist places and a licence to start operating: it has a restaurant, many rooms, laundry rooms, reception, etc. There are also several lounges, living rooms, covered and uncovered terraces, beautiful gardens and many possibilities, the building is historic, with many details of traditional period architecture. There is also a large adjoining plot of land which is currently used as a car park, but could be used for other purposes such as a new building with more rooms and a swimming pool, etc.

In short, a real urban oasis. An excellent opportunity to acquire a building with a lot of charm in a unique neighbourhood such as El Terreno, to convert it into a hotel or a spectacular mansion just a few steps from the sea and the centre.


CHARACTERISTICS:

-Tourist places and hotel licence.
-Restaurant with professional kitchen
-Terraces, porches, garden, parking for several vehicles.

LOCATION:

-Partial sea views, unobstructed views to the city, green surroundings, residential area, great privacy, next to Paseo marítimo and marina, close to schools, close to beaches, 10 min.from the centre of Palma.

Contact

+ 34 971 129 292

SERVICES AND FEATURES

Inside

  • Balcony

Outside

  • Patio

General

  • Laundry room

Energy certificate

En trámites

Consumo Emissiones

APPROXIMATE LOCATION

General Terms and Conditions

The information provided regarding this property is intended for guidance only and is sourced from channels considered reliable. Nevertheless, Balearhouse cannot guarantee its absolute accuracy, and it may be subject to inadvertent errors, price adjustments, omissions, or withdrawal from the market without prior notice.

We strongly advise all discerning clients to engage a specialized legal advisor to thoroughly review the property’s legal and registry status before proceeding with any transaction.

All costs associated with the purchase, including taxes, notary fees, and registration charges, shall be borne by the buyer. In accordance with the terms outlined in the Engagement Agreement, brokerage fees are the responsibility of the seller.

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