Palma de Mallorca, Balearic Islands 07014

A genuine hostel in the city of Palma is for sale, with a valid license. It is located 10 minutes walk from the promenade and the marina.The three-storey building has 14 rooms, 6 bathrooms and 22 tourist establishments with a restaurant and bar; In addition, a plot of 272m2 attached to the hotel is now used as a parking area, but offers the possibility of building a complex with a swimming pool and underground parking. You can enjoy its three terraces overlooking the sea and a large patio with garden areas and palm trees, where you enter an enigmatic atmosphere, full of charm and intimacy. The area in which it is located is one of the most demanded in the city, and in which it has been developing a revitalization project since 2021, with avant-garde architecture, which will make it one of the most prestigious neighborhoods in Palma.It is a property with many possibilities, both commercial and real estate investment.Call us for more information or to arrange a viewing.Managed by AVS Properties. ROAIIB GOIBE781806/2024