Keystone Mallorca presents this attractive investment opportunity located in Son Cotoner, one of Palma's most established and central residential areas, just a few metres from Sa Riera Park.
The property is being offered under a bare ownership agreement, while the current owner retains lifetime usufruct rights. This represents an excellent opportunity for investors seeking long-term capital appreciation by acquiring a property significantly below its market value.
The apartment offers approximately 90 m² and comprises three double bedrooms, two full bathrooms, a spacious naturally lit kitchen, separate laundry room and a comfortable living-dining area with direct access to a balcony large enough for a table and seating area. The building benefits from a lift and the property is situated on the first floor.
Key Features:
Bare ownership investment opportunity
Lifetime usufruct retained by current owner (69 years old)
Property valued at €340,000
Sale price: €149,000
Approximately 56% below market value
90 m² built area
3 double bedrooms
2 bathrooms
Balcony
Lift
Prime central location near Sa Riera Park
Excellent long-term investment potential
If you are interested in this property, please contact us.