Unique Investment Opportunity with Development Potential in Genova, Mallorca

€1,250,000

Génova, Palma de Mallorca, BALEARES, Palma de Mallorca, BALEARES

House for sale in Palma de Mallorca, Génova, Palma de Mallorca, BALEARES, 420 m²

Génova, Palma de Mallorca, BALEARES, Palma de Mallorca, BALEARES

€1,250,000

6Bed
6Bath
420
Type: House

Description

Located in the tranquil outskirts of the coveted Genova neighborhood, just minutes from Palma, this exceptional property sits on an extensive plot of approximately 2,571 m² and offers great potential for renovation or custom transformation. The estate features two existing buildings with a total constructed area of approximately 420 m², distributed between a main building and a secondary construction registered as stables. Thanks to its multiple independent accesses and versatile layout, the property offers a wide range of usage possibilities, from a spacious private residence to a multi-unit project or a combination of residential and tourism use. The main building, previously registered as a restaurant with residence, features a flexible layout that includes: 3 bedrooms 3 bathrooms 2 kitchens 2 independent living-dining rooms On the lower floor, an independent guest apartment offers: 3 bedrooms, all with en-suite bathrooms Large open-concept kitchen and living-dining area This unit is ideal for guests, staff, or as a rental option. The extensive outdoor areas feature established vegetation and can be developed according to the buyer's preferences, whether as gardens, leisure areas, or other facilities. The second building (approximately 100 m²), currently registered as stables, offers additional potential for conversion. Additional features include oil heating and a private well with seasonal water supply (currently supplemented by water trucks, as it has no connection to the municipal network). Important: The existing buildings require a legalization/regularization process. This aspect is reflected in the price and represents an excellent opportunity for investors or buyers wishing to develop a personalized project in a privileged location.

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