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Investment: Apartment complex in Paguera

Investment / Residential investment, Buy | Spain, Mallorca, Mallorca Southwest - Andratx, Paguera
Asking price-Icon
3,400,000 EUR
Approx. 4,018,427 USD
Asking price
Lot Size-Icon
15,069.47 sqft
Lot Size
Asking price-Icon
3,400,000 EUR
Approx. 4,018,427 USD
Asking price

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What you should know about this property

Amenities and special features of this property

The complex comprises ten apartments over four floors. It features top quality building materials and high-end fixtures and fittings. The property is located on a 1.400 m² (approx.) landscaped plot in a quiet neighborhood in Paguera. Eight apartments offer 82.52 m² of living space which in addition to a living/open plan kitchen also features a utility room, two bedrooms and two bathrooms. Each apartment has a 17.50 m² covered terrace. At ground floor level there are a further two one-bedroom apartments with bathrooms, one with 57.10 m² of living space and the other one with 52,30 m². Each apartment has a spacious terrace. All apartments are attractively furnished with a fully fitted kitchen and have warm and cold air conditioning. Hot water is provided by gas water heaters, which are installed in each apartment. The secure underground car park is designed for 11 vehicles and each parking space incorporates a storage room. The spacious outdoor pool is surrounded by lawns and enjoys sun all year long. A lift provides access to all floors.
The apartments are currently let to long term tenants and offer attractive annual returns.


Paguera: Location and surroundings of this property

Paguera is a beach resort in the municipality of Calvià. The resort is about 6km north of Santa Ponsa and near Camp de Mar and comprises various beautiful beaches. It is also an excellent base to explore some of the stunning natural features of south west Mallorca as it has good access to mountain trails and some of Mallorca’s prettiest mountain villages in the Tramuntana range. Paguera is noted for its cleanliness and enjoys a compact center with all practical amenities, such as supermarkets, bars and restaurants. The town also has direct motorway access and is about a 30-minute drive from Palma. This newly built apartment complex is located just a few minutes walking distance from beautiful beaches and golf courses. A popular pedestrianized street with many shops and restaurants also is nearby.

Contact your personal advisor
Engel & Völkers
  • Engel & Völkers Mallorca Commercial & Mallorca Southwest Residential
  • License partner of Engel&Völkers Commercial GmbH
  • Jana Fodor
  • Carrer Benito Jeronimo Feijoo 10
  • 07181 Portals · Spain
  • Phone: +34 971 67 68 36
Engel & Völkers Mallorca Commercial
Carrer Benito Jeronimo Feijoo 10, 07181 Portals
+34 971 67 68 36

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