Sara Ball Deià
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Sold

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Loft / Warehouse Living in Palma

Description

Situated in the heart of the desirable Santa Rita district of Palma (in the tranquil residential area of El Terreno) this unique light and airy loft / warehouse style building, is one of the very few modern commercial properties that has permission to be transformed into a single or multiple occupancy residential development.

Originally constructed in the 1940´s as a commercial garage workshop, the open plan layout lends itself perfectly to either the development of 2/3 bedroom apartments or a single luxury, modern urban home. Alternatively, the property can remain for commercial use.

Currently occupied by one of Palma´s leading creative design agencies the property features, open plan offices and workstations, informal and formal meeting rooms, break out areas, client reception, kitchen and bathrooms, as well as basement conference facilities and stunning private roof terrace. The property also offers a large private gated parking area and delightful rear courtyard that allows natural light to flood the entire building. The building also has air conditioning and following it´s complete renovation in 2006, new electrical wiring and plumbing are featured throughout. With approved project plans already in place the transformation of this unique property can be managed quickly and efficiently.  The surrounding residential area is very quiet with no bars or nightclubs but within five minutes walk of local supermarkets and the Port of Palma. Ideally situated for public transport, this area of Palma is already undergoing significant revival through public funding and private investment. Full project plan and property details are available on request.

Features

  • Reference SB0180
  • Location Palma
  • Bedrooms
  • Living Area 298 m2
  • Plot Size 276 m2
  • Price 950.000 €

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