Unique investment opportunity with a 7.13% net return.

FOR SALE WITH SOLVENT LONG TERM TENANTS.

The premises located in the commercial area of Porto Pi, in Palma de Mallorca, have great potential for appreciation, especially with the ongoing improvement works on the Paseo Marítimo and the Club de Mar.

Porto Pi is one of the most prominent areas in the city due to its proximity to the port and the cruise terminal, as well as the Porto Pi shopping center, which attracts both residents and tourists.

The premises cover 440m² (4 units combined) at street level, featuring 3 storefronts and 10 meters of façade. It consists of 3 open-plan floors connected by modern metal stairs, 4 bathrooms, and a storage area. The ground floor and the first floor have access from different streets. Floor areas: Ground floor 44m², First floor 207m², and Second floor 189m².

Fully renovated in August 2023 with top-quality finishes, it is equipped with: home automation, air conditioning, elevators, integrated sound system, PRM access, alarm system, security doors, heating, and a smoke extraction system.

It has a license for cultural space, exhibitions, and public events, but other activities are also permitted.

Feel free to contact us for more information.

Furniture, expenses, and taxes not included

• Registered Real Estate Agent: Member of the Official College of Real Estate Agents, No. 763, and the Official Registry of Real Estate Agents of the Balearic Islands (ROAIIB) under registration number GOIBE740280/2024.