Commercial - other countries

This property is located on the island of Mallorca and is very close to its capital Palma. The size is more than 300‘000 m2. The majority of the plot is agricultural land. There are several historic buildings dating back to the 16th century. This culturally preserved estate covers 4’000 m2 and also includes horse stables. Together with the stables, the estate might add a prime value to the property by being converted into an estate for polo riding including competitive events. Of course other conversion ideas can be suggested.
Price: 5.5 Mio EUR + tax
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Plot size: 22’700 m2. Buildable area: 15’500 m2 for apartments plus 1’500 m2 for commercial use. Permit for 189 apartments plus commercial unit.
Location approximately 15 km East of Palma de Mallorca.
Price: 13 Mio EUR + tax
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The size is slightly over 5’000 m2 and the project for a 4* hotel with approx. 150 rooms is designed. It features a fancy roof-top pool branded by a well- known elegant tourism entertainment brand. It’s located in Palma with spectacular view of the cathedral and the harbour. A lease agreement with a famous hotel management company is already pre-assigned. The same hotel management company runs another hotel in the area and can look at a history of 88% occupancy level. The city of Palma has built a new congress centre which will be finished in January 2017 thus increase the need for hotel rooms throughout the whole year.
Price: 27 Mio EUR + tax
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