Investment Palma's Historic District

ReferenceRH00482
Postcode07001
CityPalma de Mallorca
Living area620 sqm
Plot size200 sqm
N° of bedrooms10
N° of bathrooms4
Constructed area620
Purchase price3.195.000 €
ReferenceRH00482 Postcode07001
CityPalma de Mallorca Living area620 sqm
Plot size200 sqm N° of bedrooms10
N° of bathrooms4 Constructed area620
Purchase price3.195.000 €
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Property description A great opportunity for investment in this historic building in Palma de Mallorca's old town.
This unique property has several levels, terraces and dates from Roman times, the current design dates from the XIIIc. Parts of the building were renovated in the 1960's, the last maintenance was done to strengthen the supporting pillars and bring it up to 2015's standards. The house is in the historic architectural registry with a C level historic grade in one of best streets behind Plaza Santa Eulalia. There are many original architectural elements and ornaments which could be incorporated into a modern version of this magnificent structure. It is also possible that there is an underground path to a Roman bath or spa. It is also possible to acquire part of the building. The listed price is for the entire property comprising 620m2 with the penthouse area already renovated.

If you are looking to purchase a property in Spain, you should consider financing to optimize your real estate investment!

Nowadays, it makes sense for everybody to mortgage when purchasing a property in Spain. There are many benefits, including tax deductions and maintaining liquidity, amongst others. Financing in Spain can be very different from financing in other countries, and the Lionsgate Capital team will be happy to explain the process to you in more detail, and how you can optimize your investment.

Lionsgate Capital is the leading mortgage broker in Spain, based in the Balearics. Our team of multilingual mortgage experts understands that every client is unique and will do everything possible to ensure you maximize your savings by always obtaining the best possible mortgae or financial solution to suit your specific preferences and circumstances.

Why contact Lionsgate Capital?

• We are one contact for all banks, both in Spain and in other jurisdictions
• Over 1000 satisfied clients with transactions between 1M€ and 30M€
• Interest-only mortgages available for HNW and UHNW individuals
• Our specialist team offers over 50 years of joint banking experience
• We obtain exclusive and preferential rates and conditions for all our clients
• We simplify the process saving you time, effort, and money!

Contact us for a free initial consulting!

Lionsgate Capital is fully registered in the Bank of Spain's register of real estate mortgage intermediaries with ID number D270. Lionsgate Capital is registered in data protection and all information is confidential. Our team offers independent and impartial advice.

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