Retirement residence or private school - property with a lot of possibilities
€4,200,000
- ~7,840 m² Plot surface
Description
On a plot of over 7,800 m² with extensive gardens and a swimming pool, this charming and well-preserved building in traditional Mallorcan style, built in 1941, offers a current built area of 1,110 m². An approved project allows for an expansion of up to an additional 1,670 m².
The property is being sold in its current state and is currently leased to an American private school, making it an excellent investment opportunity with stable returns.
This property is ideal for investors looking for a long-term rented asset with development potential. Further information on the rental agreement and expansion project is available upon request.
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