Step into the timeless elegance of this unique hostel, an architectural gem designed by renowned Mallorcan architect Gaspar Bennàssar in 1930. Rich in history and character, the property was renovated in 1987 and transformed into a cozy hostel with a restaurant, hosting countless celebrations and cultural events ever since.
Key Features
A courtyard full of charm:
Upon entering, you are welcomed by a spacious courtyard filled with enchanting corners—perfect for private events, parties, and cultural activities in a magical, inviting atmosphere.
Accommodation & Amenities
- 14 cozy guest rooms, designed for comfort and rest
- 5 well-equipped bathrooms, conveniently distributed
- Professional kitchen, ideal for restaurant operations and events
- Restaurant and bar, located in the picturesque garden courtyard, offering a relaxed ambiance
- Two partially covered terraces with stunning sea views
Layout & Design
Spread across three floors, the hostel is bathed in natural light and features high ceilings and a layout that combines character with functionality. Several terraces offer sea views, while chill-out areas, dining rooms, and lounges provide ideal spaces for relaxation and leisure.
Current Condition & Potential
Although currently closed, the property retains its official hostel and restaurant license, allowing for immediate reopening. Additionally, exterior structures can be renovated for various uses, and there's even the possibility of adding a swimming pool.
Style & Opportunity
Classified and currently rated with one star, the building offers tremendous potential to become an elegant boutique hotel. Its original architecture, combined with a modern, refined design, could result in a truly exclusive project.
Location & Investment Potential
Located in El Terreno, one of Palma's most dynamic and revitalized neighborhoods, this property presents a strategic investment opportunity. In recent years, investors have brought life back to abandoned buildings in the area, converting them into high-end residences and businesses.
Key Details
- Built area: Approximately 450 m²
- Parking: Space for up to 10 vehicles, with the option to expand
This property is not only rich in history and architectural value but also brimming with potential in one of Palma’s most promising areas. A rare opportunity to combine tradition, style, and profitability.
Contact us for more information or to schedule a visit. We look forward to hearing from you!