MA-008 EXCLUSIVE LISTING – Building for Sale in Mahón with Strong Investment Potential

We present this exclusive listing, a building right in the centre of Mahón, a unique opportunity for investors looking for a property with room to grow and strong potential for capital appreciation.

The building comprises 4 existing physical units, though it currently has no horizontal division, so it is sold as a single asset.

Building layout

Each floor has approximately 165 m² built, offering plenty of space and multiple reconfiguration options:

Ground floor:

• Garage.
• Dwelling at the rear with access to a private patio of around 15 m².
• Condition: original, requires full renovation. Key point: huge potential to create a standout unit right in the centre.

First floor:

• Bright, spacious dwelling.
• 4 bedrooms (2 exterior + 2 interior).
• Living-dining room, kitchen and bathroom.
• Access to a rear terrace.
• Retains original features such as red-tile flooring.
• Currently connected to the ground floor via a staircase.

Second floor:

• 2 independent dwellings.
• Each with 3 bedrooms, living-dining room and bathroom.
• Renovated in 1985 (in need of updating).

Roof terrace:

• Shared terrace of approximately 165 m².
• 2 storage rooms (one for each second-floor dwelling).

Registry status and utilities

• No horizontal division (sold as one unit only).
• Individual electricity meters.
• Individual water meters, except the two second-floor units, which share a supply.

Investment opportunity

The asset is clearly positioned as an operation with strong potential for capital appreciation:

• Approximate average price: 1,665 EUR/m2.
• Prime, high-demand location.
• Possibility of: reconfiguration into several independent units, a full renovation project, or a buy-and-hold or turnover strategy.

A scarce product in the centre of Mahón, with strong potential for capital appreciation once refurbished.