9% return with residential potential

Renovated studio-style commercial space for sale, with the possibility to be converted into a residential property with minimal work. It is currently rented at €900/month, offering a 9% gross annual return, and the tenant is open to staying or leaving depending on the buyer’s plans.

Located in the sought-after General Riera area, well connected to Palma city center and close to public transport and amenities. The space has been stylishly renovated and enjoys good natural ventilation.

An excellent opportunity as an investment, professional office, second home, or to convert into a full-time residence.

Highlights:

Renovated studio-style commercial space

Double bedroom with en-suite bathroom

Equipped kitchen and living/dining area

Bright and well-ventilated

Can be adapted to residential use with minor changes

9% annual return

Tenant can stay or leave

Prime location in General Riera

Note: This is a commercial unit without an occupancy certificate, but it can be adapted for residential use.

If you are interested in the property, please contact us.