Historic property with high potential in Son Servera. (Off Market)

For Sale, EUR 1,600,000


Son Servera,

Property Type : Single Family Home

Property Style : Traditional

Build Size : 4,703 ft² / 437 m²

Land Size : 2,131 ft² / 198 m² Convert Land Size

Bedroom : 11

Bathroom : 3

Half Bathroom : 0

MLS#: 314036


Property Description

Located in the heart of Son Servera, in front of the church and the central square, this property offers a unique opportunity for investors interested in the real estate market in Mallorca. The house, with 437 m² built over three floors, combines traditional Mallorcan elements with significant potential for various uses.Distribution and Key Features:Ground Floor: Contains several living rooms, a kitchen, a en-suite bedroom, and a patio with a water well. Historically, it has operated as a restaurant and bar, suggesting the viability of reactivating this commercial use. Additionally, it has a 20m2 space with an independent entrance that can serve as a shop or office. The unique location makes this space a great investment.First Floor: Features a bathroom, five spacious bedrooms, a small kitchen, and a large living room. It includes a second staircase that provides independent access from the opposite street, facilitating the creation of separate apartments or commercial spaces.Second Floor: Offers five bedrooms and a 30 m² terrace overlooking the square, providing an ideal space to convert into tourist or residential apartments.The property is in excellent general condition, with no signs of dampness or deterioration in ceilings or wooden beams. It retains original architectural details, such as well-maintained floors, exposed beams on the ceilings, and a fireplace in the main living room on the ground floor. The vaulted ceiling is in excellent condition, highlighting the historical character of the house.Son Servera, a picturesque village in the northeast of Mallorca, has experienced a real estate boom in recent years. International demand and the touristic appeal of the area have driven the sustained growth of the real estate market on the island. According to a recent analysis, factors such as international demand, digitalization, economic stability, and touristic appeal have contributed to the growth of the real estate market in Mallorca in the last decade.The strategic location of this property, in front of the church and the central square, places it in an area with high pedestrian and vehicular traffic, increasing its attractiveness for businesses such as restaurants, cafes, or shops. Additionally, the possibility of dividing the property into independent units with separate access from different streets offers flexibility to adapt to various commercial or residential needs.This townhouse in Son Servera represents an exceptional opportunity for investors seeking a property with historical character, in a privileged location, and with high profit potential. Its state of preservation, combined with the positive trends in the real estate market in Mallorca, makes it an attractive investment in the current landscape.
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Historic property with high potential in Son Servera., Spain,Formentera-Balearic Islands is a 4,703ft² Formentera-Balearic Islands luxury Single Family Home listed for sale EUR 1,600,000. This high end Formentera-Balearic Islands Single Family Home is comprised of 11 bedrooms and 3 baths. Find more luxury properties in Formentera-Balearic Islands or search for luxury properties for sale in Formentera-Balearic Islands.