Built in the early 20th century, this beautiful villa in the quiet upper part of El Terreno was later perfectly preserved while retaining the original style elements and converted into a hostal with restaurant. The property includes a very large car park for at least 10 cars (270m2), a 305m2 palm patio with bar, free and covered terrace (license for dispersed), 10 double rooms in the main house, kitchen, bar, restaurant.
A business that has been functioning well for years with all the current licences and the best regular customers.
Expansion possibilities: There is already a project to build an underground car park with a 2-day house above it as an extension of the hostal or as a reclining house.
A pool would also be possible.
Location: Palma’s new in-quarter El Terreno is located between the green bellver park and the lively Paseo Martimo. The Old Town is a 5-minute drive away, and in the district itself you will find international schools (Eurocampus e.g.), shopping and restaurants. The nearest beach is only about 5 minutes away.
Facts:
Main house: 330m2
Plot: 415m2
Parking: 270m2
License for hostal operation, bar operation and restaurant
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