Property with great potential right on the Paseo Maritimo
€2,800,000
~315 m² Total surface
~315 m² Office surface
Description
An outstanding investment opportunity is available on the front line of Palma de Mallorca’s Paseo Marítimo, comprising an office with approved change of use to residential and 19 parking spaces. The property enjoys a prime location, just a short distance from the marina and Porto Pi Shopping Centre, within a well-established area offering a wide range of hotels, restaurants, shops and services. It also benefits from excellent public transport connections and quick access to the city's ring road (Vía de Cintura). The office has an approximate built area of 315 m² and offers the potential to develop up to three residential units, making it an attractive opportunity for both investors and developers seeking to undertake a residential project in one of Palma’s most sought-after areas. The development also features a communal swimming pool, further enhancing its appeal. The parking spaces are also available for individual purchase at a price of €100,000 each.
Prime frontline location on Palma’s Paseo Marítimo
315 m² office with potential for up to 3 residences
19 parking spaces available
community pool
959
The Paseo Marítimo is one of the most famous and bustling streets in Palma de Mallorca, stretching along the picturesque coastline. This splendid waterfront promenade begins near the harbour and extends several kilometers to the western suburbs of the city. One of the main attractions of the Paseo Marítimo is the impressive view of the Mediterranean Sea, the marina, and the majestic La Seu Cathedral. Along the promenade, there are numerous restaurants, cafes, and bars that attract both locals and tourists. Here you can enjoy Mallorcan cuisine while watching the boats pass by and the sparkling sea. The promenade is also a popular spot for walking, jogging, and cycling, thanks to the well-maintained paths and beautiful surroundings. In the evening, the Paseo Marítimo transforms into a lively nightlife hub. Numerous clubs and discos open their doors and offer entertainment until the early morning hours. Another highlight is the Auditorium de Palma, a modern event center hosting concerts, theatre performances, and cultural events. Nearby is also the Es Baluard Museum of Modern and Contemporary Art, which is well worth a visit. The Paseo Marítimo is easily accessible and offers a wide range of leisure activities, culinary experiences, and cultural discoveries. It is a must-visit for anyone wanting to experience the vibrant life and beauty of Palma.
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