Engel & Völkers
Overhead view of a tree-lined street with people dining outdoors under umbrellas. Cars and buildings are visible in the background.

Great investment opportunity in the best location

€4,000,000
  • ~214 m² Total surface

Description

This historic building sits on the prestigious Passeig del Borne, right in the heart of Palma's old town. Spanning a total area of 214 m2, the property comprises a ground-floor commercial space and an office on the first floor. Renovation will be necessary, affording you the opportunity to customize the interior according to your personal style, requirements, and preferences. The complete whole building can also be sold for 7.500.000€, which would also include 2 flats and 1 penthouse. 399
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Engel & Völkers Commercial Mallorca

Your advisor: Office Palma

Property ID: OI-SMA-399

Property details
  • Property type

    Investment

  • Condition

    Needs renovation

  • Total surface

    ~214 m²

Energy efficiency information
  • Energy certificate available

    No

    Location: Centre, Palma

    Paseo del Borne, or 'Passeig des Born' in Catalan, is arguably the most elegant avenue in Palma. Not surprisingly, many luxury designers such as Rolex, Louis Vuitton, Carolina Herrera, Sandro, have installed themselves here, and the area has been nicknamed the Golden Mile. Receiving the flow of traffic from both the busy high streets of Avenida Jaime III and Carrer de la Unió which leads to Las Ramblas, means a constant pulse of activity; yet, somehow, the wide promenade still offers some sense of tranquillity amid all the bustle.

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    Engel & Völkers Commercial Mallorca

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    Mallorca Commercial

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