Commercial property in Palma de Majorca, Mallorca, Spain 1235 sq.m. No. 197159
2
Bathrooms
1235 m2
Square
IV quarter, 1960
Completion date
€ 650 000
€ 526 per m²
Parameters
Property Description
Rustic plot of approximately 4,699 m² located in the Es Pil·larí area, close to Playa de Palma, in a quiet yet well-connected setting. The property offers an approximate built area of 1,235 m² according to the land registry, distributed among a former restaurant with BBQ area, storage rooms, porches, parking areas, traditional water reservoir (“safreig”) and several auxiliary buildings.
The estate operated for many years as a horse ranch together with a bar-cafeteria restaurant business, which previously held a bar-cafeteria license. The restaurant remained operational until relatively recently and was well known among local customers, truck drivers and people attending the sports and school facilities of La Porciúncula.
The property currently requires substantial refurbishment:
The restaurant area requires major renovation, including kitchen and installations.
The former horse ranch area is in a very deteriorated condition and requires complete redevelopment.
The plot is classified as rustic land under AHT zoning regulations, meaning that any future use or development is subject to specific planning regulations and protected-area restrictions. Potential uses may include complementary tourism, sports or leisure-related activities, always subject to technical and urban planning assessment.
A unique opportunity for investors or operators seeking a character property with redevelopment potential in a strategic location near Playa de Palma and Palma city.
Features
Close to the beach
Close to shopping malls
Close to schools
Alarm system
Garage
Swimming pool