Exclusive two-building complex in the heart of Palma

Exclusive two-building complex in the heart of Palma offering high profitability and strong potential for capital appreciation

We present a truly exceptional investment opportunity in one of the most central and established areas of Palma. This property comprises TWO ADJOINING BUILDINGS combining immediate income generation, excellent condition and outstanding potential for long-term capital growth.

The MAIN BUILDING, constructed entirely in 2009, stands out for its solid construction, lift and high-quality finishes. It offers approximately 120 m² of built area per floor, distributed across a basement, a ground floor currently operating as a fully functioning restaurant, and two office floors, all of which are rented and generating income from day one. The offices are in excellent condition and feature air conditioning, Climalit double-glazed exterior windows and balconies of approximately 6 m² on each floor, as well as an accessible communal rooftop terrace.

Adjacent to this building is a SECOND PROPERTY with a more traditional character, comprising a commercial premises of approximately 70 m² requiring complete renovation, a first floor that has already been refurbished, a second floor in its original condition, and a third floor also in its original condition, with access to a small accessible rooftop terrace. This property offers multiple opportunities for value enhancement through refurbishment or a change of use, depending on the future owner’s plans.

Together, both buildings comprise approximately 760 m² of built area, creating an asset that is exceptionally difficult to find in central Palma. The combination of one fully consolidated and income-producing property with another offering significant scope for improvement makes this an especially attractive investment for property investors, family offices and investors seeking security, income and growth potential in a prime location.

A unique opportunity to acquire a distinctive real estate complex in one of Palma’s most sought-after areas. Properties with these characteristics and dimensions rarely come onto the market.