Ref INV126 · BALEARES

16-bed 16-bath Property for sale in Son Servera · 1038 m²

€1,900,000
16beds16baths1038 m²builtGCEE
16beds
16baths
1038 m²built
GCEE
Description

About this home

OPTION 1. FOUR‑STAR HOTEL PROJECT. Currently the property operates as a hostel, with an expired licence. According to the information provided, the licence could be renewed if it is converted into a four‑star hotel. The building has an approved project for this conversion. The proposal includes a hotel with 16 rooms and 29 hotel places, with common areas, a bar and restaurant zone, terraces and a rooftop solarium with sea views. An opportunity for investors interested in developing a beachfront hotel operation. The licence renewal and the feasibility of the operation are subject to confirmation of the validity of authorisations and applicable administrative conditions. OPTION 2. LUXURY RESIDENTIAL DEVELOPMENT BY THE SEA. Alternatively, a luxury residential project with approximately 14-15 non‑tourist apartments could be pursued. This approach would allow individual sale of the units, with a residential focus and sea views. In addition, there are ground‑floor spaces not accounted for in the initial estimate that could allow for extra units, subject to confirmation of their zoning, buildable area and technical feasibility. This alternative is aimed at developers and investors interested in an exclusive residential development in a prime Mallorca location. LOCATION AND FEATURES. Mallorca, Balearic Islands. Front line of the sea. Sea views. Mixed‑use building. Plot of 534 m². Built‑area indicated in the project: 1 038.56 m². Approved hotel project, according to the information provided. Possibility to study a residential development alternative. TWO INVESTMENT OPTIONS IN A UNIQUE LOCATION. A property with potential for both a hotel project and a luxury seaside residential development.

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€1,900,000
Location

Son Servera

BALEARES
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