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Investment: Holiday rental appartment building

Investment / Residential investment, Buy | Spain, Mallorca, Mallorca Southwest - Santa Ponsa, Santa Ponsa
Asking price-Icon
4,650,000 EUR
Approx. 5,455,628 USD
Asking price
Total Surface Area-Icon
17,572.08 sqft
Total Surface Area
Asking price-Icon
4,650,000 EUR
Approx. 5,455,628 USD
Asking price

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What you should know about this property

Amenities and special features of this property

The apartment building consists of a total of 45 holiday apartments of which 26 apartments are for sale (14 parking places and 1 bar are included as well). The apartment building is only a few minutes from the sea/beach. The majority of the apartments have direct seaview. There are 20 newly decorated one bedroom apartments (44 sqm) and 6 two bedroom apartments (57 sqm). The building also features a bar, outdoor pool and private parking. All 26 apartments have a holiday rental license and there are holiday rental contracts with tour operators in place. There is the option to continue the existing holiday rental arrangements with a yield of approximately 6-7% per annum (up to 8% if taking over existing lending arrangements).


Santa Ponsa: Location and surroundings of this property

Santa Ponsa offers a combination of beautiful landscape and coastline, sophisticated infrastructure, sports facilities and excellent road connections. Its close proximity to Palma and the International Airport makes Santa Ponsa one of the most sought after locations in Mallorca’s south west region. Furthermore, it provides services and infrastructure in a relaxing and exclusive environment for those people who want to enjoy the island year round. Golfers will love the choice of no less than three golf courses at Nova Santa Ponsa, plus the area’s popular Port Adriano. This is Mallorca’s super yacht harbour and rounds up with its designer boutiques and great choice of bars and restaurants the exclusive Mediterranean lifestyle of this area.

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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