description

Building for sale Located in the heart of Palma's old town, on Calle Cordería this historic building It offers a unique opportunity in one of the most exclusive and promising areas of the city. Surrounded by heritage, art, culture and gastronomy, it is perfectly connected. Distribution: - 13 refurbished homes (between 43 m² and 156 m²) - 2 commercial premises on the ground floor (226 m² and 10 m²) - Storage room on floor 5 (7 m²) - Common elements: 110 m² - Total built area: 1,545 m² Highlights: - Nineteenth-century building completely renovated in 2011 - Property divided horizontally - Ideal for residential, tourist, or mixed-use rentals - 100% consolidated ownership Business Contact: Carlos Genovard 626 971 923 Titans Real Estate Investors Current Condition of the Property Current Condition of the Property: Currently, the 13 homes are rented, generating a total annual rent of approximately 20,000 EUR. Leases are expired and renewed annually, allowing flexibility at the Buyer for both Continue with the operation on a rental basis as well as to reorganize the uses of the units.