Ref.1411: Emblematic Art Nouveau hostal with 10 rooms, garden and parking in Palmas El Terreno 4,200,000 €

Built at the beginning of the 20th century, this beautiful villa was perfectly preserved in the quiet upper part of El Terreno, retaining the original style elements and converted into a hostal with a restaurant. The property has a very large parking lot for at least 10 cars (270m²), a 305m² palm patio with bar, free and covered terrace (license for serving), 10 double rooms in the main house, kitchen, bar, restaurant.

A well-functioning business for years with all daily licenses and best regular customers.

Expansion options: There is already a project to build an underground car park with a 2-floor house above as an extension of the hostel or as a semi-detached house.

Also a pool would be possible.

Location: Palmas new in-district El Terreno is located between the green Bellver Park and the lively Paseo Marítimo. It is a 5-minute drive to the old town and the area itself has international schools (Eurocampus for example), shops and restaurants. The nearest beach is only about 5 minutes away.

Facts:

Main house: 330m²

Property: 415m²

Parking: 270m²

License for hostel, bar and restaurant

www.el-terreno-immo.com, your property specialist on Mallorca in Palma's districts El Terreno, Bonanova, Genova and Son Armadams.