Historic building with great investment potential

House, Buy | Spain, Mallorca, Palma, El Terreno

Property Price

2.700.000 EUR


Property Bedrooms



Property Bathrooms



Property Plot surface

677 m2

Plot size

Property Total surface

670 m2

Total Surface


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Amenities and special features of this house

Type: HouseRegion: PalmaYear of construction: 1925Total Surface: 670 m2Terraces: 1Bedrooms: 6Bathrooms: 7Plot size: 677 m2Balconies: 1Parking: 6FireplaceGuest ToiletHeating: Central heatingFire type: GasFloor type: Tiles

Ca'n Noguera is a historic mansion situated in one of Palma's most promising neighbourhoods: El Terreno. This mansion was built in 1925 and still preserves today it's beautiful and impressive architecture such as the elegant entrance hall with high ceilings, the spacious garden/patio outside, the spacious rooms and the hand-painted tiles of that time. The location of the property makes it particularly interesting as an investment property as it offers various conversion possibilities such as a boutique hotel, restaurant, offices, medical centre etc. However, the property can also be converted into a luxury residential villa ideal for those who wish to live in the city.

Contact your personal advisor

Palma Southwest / Paseo Marítimo

Avda. Ingeniero Gabriel Roca, 6 | 07014 Palma | Spain

Phone +34-971-22 23 23

E-mail palmasouthwest@engelvoelkers.com

El Terreno: Location and surroundings of this property

Palma with around 300 days of sunshine per year is the perfect city for lovers of good weather. In recent years the districts around Santa Catalina, the port area and the Paseo Marítimo have been transformed, offering a truly cosmopolitan atmosphere. Santa Catalina developed into the in-quarter of the Balearic capital. Its great variety of artistic cafés, pop-up shops and modern restaurants transmit a totally international atmosphere. Thanks to the inclined shape of the neighborhood presents a variety of apartments and both the second and third line also enjoy views of the port of Palma. In the southeast of the city, directly in the port is the Paseo Marítimo, one of the city's best-known leisure areas and the adjoining Cala Mayor and San Agustin. Apart from exclusive discotheques and restaurants, the Paseo Marítimo stands out for its marvelous views of the port and the Cathedral, which are only a few minutes' walk away.

Energy information

Year of construction 1925 · Energy consumption value 140.0 kWh/(m2*a) · Fire type Gas · Energy efficiency rating F

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Commission details

Availability upon agreement

Engel & Völkers recommends having a qualified specialist check the legal situation of the construction. All material is based upon information, which Engel & Völkers considers reliable, but because third parties have supplied it, Engel & Völkes cannot represent that it is accurate or complete, and it should not be relied upon as such. This offering is subject to errors, omissions, and change of price or withdrawal without notice. Availability upon agreement. Taxes, notary and register fees must be paid by the purchaser, the commission for the estate agency must be paid by the seller as stipulated in the sales mandate.

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