Premium freehold commercial property in the historic heart of Palma de Mallorca, offering approximately 200 m² of flexible ground-floor space in one of the city’s prominent pedestrian areas between Plaça de Cort and Plaça Major.
Available at €1,300,000, the property combines a high-profile old-town location with wide street frontage, a large display window and an open-plan interior that can be adapted for a premium restaurant, hospitality concept or retail operation.
The premises benefit from year-round pedestrian traffic from both international visitors and local residents. The surrounding area includes historic architecture, established restaurants, boutique hotels and upscale retailers, providing a strong setting for a high-end commercial concept.
Internally, the approximately 200 m² premises offer an open-plan layout with generous ceiling height and flexibility for bespoke interior design and functional configuration. Air conditioning is already installed, basic utilities are in place and the property is in excellent structural condition.
The ground-floor entrance provides direct access from the pedestrian street, while the wide frontage and large display window offer excellent visibility for a restaurant, hospitality or premium retail brand.
The property is offered with the real estate included, providing an opportunity to acquire a freehold commercial asset in central Palma rather than taking on a leasehold operation.
Turnover is listed at €1 million–€5 million, with net profit of €500,000–€2.5 million.
The buyer is responsible for applicable transaction taxes and fees, excluding municipal capital gains tax.
Images are for illustrative purposes only and do not represent the actual property.
