Apartment in Es Castell, Menorca, Spain 9 bedrooms, 350 sq.m. No. 183176

An interesting opportunity to acquire an entire residential building in Es Castell, offering considerable potential for refurbishment, repositioning and future rental income.

The property is arranged over four levels, in addition to a substantial walkable roof terrace enjoying panoramic views across the surrounding area and towards Mahón Harbour.

The ground floor comprises a private garage and an independent apartment.

On the first floor there are two separate apartments, each currently arranged with two bedrooms.

The second floor was originally configured as two independent dwellings and was subsequently remodelled to create one particularly spacious apartment. This layout may offer interesting possibilities for a future investor, always subject to the relevant technical and planning requirements.

The third floor accommodates a further residence, originally designed with three bedrooms. Following refurbishment, one of the bedrooms was converted into a terrace enjoying partial harbour views, while another was transformed into a private sauna and spa area.

From this upper residence there is access to an impressive walkable roof terrace extending across the entire footprint of the building and offering attractive panoramic views.

The property would benefit from refurbishment and updating, but its size, configuration and location provide considerable scope to create an appealing residential investment in Es Castell. Depending on the purchaser's objectives and subject to all necessary permissions, it could be considered for long-term rental, the creation or recovery of several independent residential units, or as a wider refurbishment and investment project.

Three of the units are currently let. The contractual position and terms of the existing tenancies will therefore need to be reviewed and taken into consideration by any prospective purchaser.

A property with multiple possibilities in an established location close to the harbour, particularly suited to investors looking for an entire building with existing accommodation, garage space and significant potential to add value.