Welcome to this house with a holiday rental license, located in the highly sought-after area of Platja/Playa de Palma, Mallorca, Balearic Islands, Spain

Palma, Mallorca, Spain, 07610

For Sale

€760,000

REF: 760518 €760,000


4

4

230 m2

390 m2

Description

Welcome to this house with a holiday rental license, located in the highly sought-after area of Platja/Playa de Palma, Mallorca, Balearic Islands, Spain. This property offers a fantastic opportunity for those looking to invest in a profitable vacation rental business or simply enjoy a luxurious holiday home. Situated on a generous 390 m plot, this house boasts a spacious 230 m of living space, providing ample room for relaxation and entertainment.

The upper levels of the house have 3 bedrooms and 4 bathrooms, ensuring privacy and comfort for both owners and guests. The master bedroom situated in the tower section includes an en-suite bathroom, adding a touch of luxury to the living experience. The house is equipped with newly fitted air conditioning and heating, ensuring a pleasant indoor climate all year round.

The indoor area is flooded with natural light, creating a warm and inviting atmosphere. All the electrics and water system have been recently changed ensuring low cost of ownership in the future. This villa style house also has a level, long and straight driveway leading to a detached garage, providing secure lockable storage for cars or boats.

On the ground level, the space has been converted to an apartment with private and separate entrance, along with large amounts of storage running under the house. Whilst this apartment is not officially recognised in the habitability certificate, this zone would make a perfect independent rental property, therefore providing the possibility of further revenue streams if required.

One of the standout features of this property is its prime location. Within 300 meters flat walking distance, you will find the beautiful sandy beaches of Playa de Palma, where you can soak up the sun and enjoy the crystal-clear waters of the Mediterranean Sea. Additionally, a wide range of restaurants, shops, and amenities are conveniently located nearby, providing everything you need for a comfortable and enjoyable lifestyle. For those seeking outdoor relaxation, the owner tells us there is the possibility to build a pool on the property, creating a private oasis where you can unwind and cool off during the hot summer months. Platja de Palma is a vibrant and popular area in Palma de Mallorca, offering a perfect blend of natural beauty and modern conveniences.

This coastal town is known for its stunning beaches, lively nightlife, and excellent water sports facilities. It is also home to a variety of schools, making it an ideal location for families with children. In summary, this house with a holiday rental license in Playa de Palma, Palma de Mallorca, Mallorca, Balearic Islands, Spain, presents an incredible opportunity for investors and holiday home seekers alike. Don't miss out on this chance to own a piece of paradise in one of the most desirable areas of Mallorca. Contact us today to arrange a viewing.
Welcome to this house with a holiday rental license, located in the highly sought-after area of Platja/Playa de Palma, Mallorca, Balearic Islands, Spain. This property offers a fantastic opportunity for those looking to invest in a profitable vacation rental business or simply enjoy a luxurious holiday home. Situated on a generous 390 m plot, this house boasts a spacious 230 m of living space, providing ample room for relaxation and entertainment.

The upper levels of the house have 3 bedrooms and 4 bathrooms, ensuring privacy and comfort for both owners and guests. The master bedroom situated in the tower section includes an en-suite bathroom, adding a touch of luxury to the living experience. The house is equipped with newly fitted air conditioning and heating, ensuring a pleasant indoor climate all year round.

The indoor area is flooded with natural light, creating a warm and inviting atmosphere. All the electrics and water system have been recently changed ensuring low cost of ownership in the future. This villa style house also has a level, long and straight driveway leading to a detached garage, providing secure lockable storage for cars or boats.

On the ground level, the space has been converted to an apartment with private and separate entrance, along with large amounts of storage running under the house. Whilst this apartment is not officially recognised in the habitability certificate, this zone would make a perfect independent rental property, therefore providing the possibility of further revenue streams if required.

One of the standout features of this property is its prime location. Within 300 meters flat walking distance, you will find the beautiful sandy beaches of Playa de Palma, where you can soak up the sun and enjoy the crystal-clear waters of the Mediterranean Sea. Additionally, a wide range of restaurants, shops, and amenities are conveniently located nearby, providing everything you need for a comfortable and enjoyable lifestyle. For those seeking outdoor relaxation, the owner tells us there is the possibility to build a pool on the property, creating a private oasis where you can unwind and cool off during the hot summer months. Platja de Palma is a vibrant and popular area in Palma de Mallorca, offering a perfect blend of natural beauty and modern conveniences.

This coastal town is known for its stunning beaches, lively nightlife, and excellent water sports facilities. It is also home to a variety of schools, making it an ideal location for families with children. In summary, this house with a holiday rental license in Playa de Palma, Palma de Mallorca, Mallorca, Balearic Islands, Spain, presents an incredible opportunity for investors and holiday home seekers alike. Don't miss out on this chance to own a piece of paradise in one of the most desirable areas of Mallorca. Contact us today to arrange a viewing.
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Property on Map

#IP2-10253

Currency Exchange

Palma, Mallorca, Spain, 07610

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Spain takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €760,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€760,000 £629,516 £653,182 £23,666
Property Price € €760,000
Minimum cost in the last six months £629,516
Maximum cost in the last six months £653,182
Fluctuating exchange rates over the last six months could have increased the cost of this property by £23,666

Palma, Mallorca, Spain, 07610

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Spain takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €760,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€760,000 £629,516 £653,182 £23,666
Property Price € €760,000
Minimum cost in the last six months £629,516
Maximum cost in the last six months £653,182
Fluctuating exchange rates over the last six months could have increased the cost of this property by £23,666

The exchange rate on the day you make an offer on your property in Spain will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £23,666 more.

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