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Unique opportunity to acquire a 19th Century building in the middle of the Old Town on one of the best addresses near Paseo Borne. The location and the fact that one facade faces one of the most frequented streets of tourists and local residents means that turning it into a commercial property could be the most interesting option. A preliminary study also shows the possibility of accommodating a hotel with 40 rooms, terraces and a pool. The building has four floors and needs a complete renovation, no license exists for any business activity.
The property is found in the charismatic Old town in Palma where beautiful architecture meets excellent shopping, restaurants, galleries and amazing historic buildings such as the beautiful cathedral. Palma harbour Paseo Marítimo is within walking distance.