description

This unique historical estate in Palma, dating back to 1630, is offered for sale in its current condition, presenting an exceptional opportunity for transformation. The property requires a complete renovation and is ideally suited for conversion into a city hotel. There is an approved project for transforming the residence into a 5-star hotel with a restaurant and event spaces. Set on an expansive plot of approximately 7,200 m2, the property offers room for 69 hotel beds. An additional extension, including a wellness area, is currently under application. This extension allows for the development of a hotel, a retirement home or a combination of both. The estate boasts stunning views of the Tramontana mountains, spacious interiors, stone arches, and rustic vaulted ceilings. Its central location, close to the city centre and the airport, further enhances its outstanding potential. The expansive grounds provide ample space for a Mediterranean garden with a swimming pool, while the large terrace and charming inner courtyard are ideal for outdoor dining and events. The trend towards boutique 5-star hotels is undeniable, and this property perfectly aligns with this movement. If you are considering investing in a luxury project that combines tradition, nature, and exceptional infrastructure, this may be the opportunity you have been seeking. The finca is connected to the municipal power grid and benefits from its own well, providing ideal conditions to bring your vision to life. #ref:4204