Refurbished commercial premises in the centre of Palma | Excellent investment opportunity with a yield of 6.6 per cent
255.000 €
Palma de Mallorca, BALEARES - Mallorca
Ref. - EXP14991
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Liis Tonumaa HOMES
+34 614 02 42 55
liis.tonumaa@expglobalspain.com
Remarks
Situated in a prime location in the centre of Palma, just a minute’s walk from Plaza Madrid and next to Luis Sitjar station, we present this spacious, recently refurbished commercial premises of *100 m² on the ground floor*, ideal for offices, studios and a range of professional activities.
The property stands out for its versatility, spaciousness and functional layout, offering spaces that encourage both collaborative work and privacy and concentration.
*Layout and features:*
- High ceilings of up to 8 metres and adequate soundproofing.
- Spacious 16 m² meeting room, ideal for video conferences and presentations.
- Two private rooms providing privacy and separate workspaces.
- Large office area adaptable to different professional needs, suitable for both individual and team work.
- Two fully fitted bathrooms and a fully equipped kitchen.
- Hot/cold air-conditioning, heating and ventilation system, with excellent air circulation to ensure comfort all year round.
- Double-glazed windows and individual keys for greater privacy.
- Sophisticated alarm system and secure access control.
- Fire extinguishers and smoke detectors installed.
- Private entrance offering convenience, independence and security.
- Option to customise the spaces according to the requirements of each activity.
Its location also offers easy access to nearby car parks and excellent public transport links.
*A particularly attractive opportunity for investors*
Given the pressures in the residential market, investing in commercial premises represents an interesting alternative due to its potential for profitability, greater contractual flexibility and the possibility of securing long-term leases of between 5 and 10 years.
This type of investment can offer gross yields of between 7 per cent and 9.5 per cent, with tenancy agreements under which tenants may cover costs such as property tax (IBI) and service charges, depending on the agreed terms.
*Gross yield of 6.6 per cent according to the latest tenancy agreement.*
An excellent opportunity for those looking to invest in a well-located, refurbished commercial property with a wide range of potential uses, right in the heart of Palma.
*Please contact us for further information or to arrange a viewing.*
The property stands out for its versatility, spaciousness and functional layout, offering spaces that encourage both collaborative work and privacy and concentration.
*Layout and features:*
- High ceilings of up to 8 metres and adequate soundproofing.
- Spacious 16 m² meeting room, ideal for video conferences and presentations.
- Two private rooms providing privacy and separate workspaces.
- Large office area adaptable to different professional needs, suitable for both individual and team work.
- Two fully fitted bathrooms and a fully equipped kitchen.
- Hot/cold air-conditioning, heating and ventilation system, with excellent air circulation to ensure comfort all year round.
- Double-glazed windows and individual keys for greater privacy.
- Sophisticated alarm system and secure access control.
- Fire extinguishers and smoke detectors installed.
- Private entrance offering convenience, independence and security.
- Option to customise the spaces according to the requirements of each activity.
Its location also offers easy access to nearby car parks and excellent public transport links.
*A particularly attractive opportunity for investors*
Given the pressures in the residential market, investing in commercial premises represents an interesting alternative due to its potential for profitability, greater contractual flexibility and the possibility of securing long-term leases of between 5 and 10 years.
This type of investment can offer gross yields of between 7 per cent and 9.5 per cent, with tenancy agreements under which tenants may cover costs such as property tax (IBI) and service charges, depending on the agreed terms.
*Gross yield of 6.6 per cent according to the latest tenancy agreement.*
An excellent opportunity for those looking to invest in a well-located, refurbished commercial property with a wide range of potential uses, right in the heart of Palma.
*Please contact us for further information or to arrange a viewing.*
