Town House in Alaro

INVESTMENT OPPORTUNITY

SPECTACULAR TOWNHOUSE IN THE HEART OF ALARÓ - to be reformed

Located right in the center of Alaró, this impressive townhouse offers enormous potential both as a private residence and as an investment opportunity. The property has an approximate built area of 600 m2 distributed over three floors, with direct street access and open views at the rear of the house.

The property retains its original structure in good condition and benefits from a completely new roof, recently completed. Inside, it features a spacious interior patio with its own private water well, a highly valued traditional Mallorcan element, as well as a terrace on the first floor. The generous volumes and layout allow for multiple design possibilities.

The house is structurally sound and requires a full interior renovation, offering the future owner the opportunity to redesign the spaces and significantly increase the property’s value.

Due to its size, location and characteristics, this property represents a very attractive investment opportunity in one of the most charming areas of the Serra de Tramuntana. The purchase price is particularly appealing, with an approximate value of €2,000 per m².

Once renovated, the realistic resale price for a property of this size and quality in the center of Alaró could range between €4,000 and €5,000 per m², resulting in an estimated final value of between €2,600,000 and €3,500,000.

A house with history, impressive volume and a privileged location, ideal for those who can see beyond and fully unlock its potential.

Your new home in Mallorca. COME AND SEE IT NOW!