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Townhouse with lots of potential for sale in the burgeoning neighborhood of El Terreno

USD 782,131

House & Single-family home (For sale)

1,755 sqft
lot 1,023 sqft
Reference: FULY-T156 / 11845
House from 1920, with free roof, with two floors, terrace and private garage on the property.This property offers the opportunity to live in one of the most desirable areas of Palma, currently fashionable and with the highest investment in the city.The house is undoubtedly an example of the typical buildings of the time.Distributed over 2 floors, it has a total built area of 184 m2.First floor with 74 m2 of living space (a living room, a bedroom and a bathroom) and 21 m2 very large private parking, where there is also a complete bathroom.The 89 m2 second floor currently has a large kitchen with authentic wood stove and access to a private terrace, a living-dining room with fireplace and also access to a private terrace, 2 double bedrooms, a full bathroom and a room (currently a room with washing machine, dryer, freezer, etc.) with the same floor area as the room on the first floor.Both floors have radiator heating, air conditioning depending on the room (several splits), high ceilings with exposed wooden beams and the second floor with sloping ceilings and a small balcony.The property is currently occupied by the same family for more than 20 years, where the new owners could undoubtedly move in, but with a proper modernization and / or reform project can be transformed into a spectacular home.- air conditioned w/c- SAT TV- Highspeed InternetEl Terreno is a neighborhood in the Poniente district of Palma. It is bordered by the sea and the forest of Bellver and the streams Mal Pas and s'Aigo Dolça, the latter underground. It was originally created as a summer residence for the bourgeoisie of Palma in the late 19th and early 20th centuries.In the neighborhood also settled people who lived there all year round, and cultural associations such as the Sociedad Instructiva Bellver, which disappeared at the beginning of the Spanish Civil War (1936).Where the old streets of Génova and Portopí cross - today they are called Robert Graves and Joan Miró - is Plaça Gomila. In the 60s, 70s and 80s it was the center of leisure in the Mallorcan capital, but from the 90s this area experienced a significant decline. Gomila had nightclubs, internationally known discos such as Tito's, Barbarela or Zhivago. Of these three, only the first one is still open.The life of the neighborhood still affects the Bellver Forest, the green lung of the city. View more View less House from 1920, with free roof, with two floors, terrace and private garage on the property.This property offers the opportunity to live in one of the most desirable areas of Palma, currently fashionable and with the highest investment in the city.The house is undoubtedly an example of the typical buildings of the time.Distributed over 2 floors, it has a total built area of 184 m2.First floor with 74 m2 of living space (a living room, a bedroom and a bathroom) and 21 m2 very large private parking, where there is also a complete bathroom.The 89 m2 second floor currently has a large kitchen with authentic wood stove and access to a private terrace, a living-dining room with fireplace and also access to a private terrace, 2 double bedrooms, a full bathroom and a room (currently a room with washing machine, dryer, freezer, etc.) with the same floor area as the room on the first floor.Both floors have radiator heating, air conditioning depending on the room (several splits), high ceilings with exposed wooden beams and the second floor with sloping ceilings and a small balcony.The property is currently occupied by the same family for more than 20 years, where the new owners could undoubtedly move in, but with a proper modernization and / or reform project can be transformed into a spectacular home.- air conditioned w/c- SAT TV- Highspeed InternetEl Terreno is a neighborhood in the Poniente district of Palma. It is bordered by the sea and the forest of Bellver and the streams Mal Pas and s'Aigo Dolça, the latter underground. It was originally created as a summer residence for the bourgeoisie of Palma in the late 19th and early 20th centuries.In the neighborhood also settled people who lived there all year round, and cultural associations such as the Sociedad Instructiva Bellver, which disappeared at the beginning of the Spanish Civil War (1936).Where the old streets of Génova and Portopí cross - today they are called Robert Graves and Joan Miró - is Plaça Gomila. In the 60s, 70s and 80s it was the center of leisure in the Mallorcan capital, but from the 90s this area experienced a significant decline. Gomila had nightclubs, internationally known discos such as Tito's, Barbarela or Zhivago. Of these three, only the first one is still open.The life of the neighborhood still affects the Bellver Forest, the green lung of the city.
Reference: FULY-T156
Country: ES
City: Palma de Mallorca
Postal code: 07001
Category: Residential
Listing type: For sale
Property type: House & Single-family home
Property size: 1,755 sqft
Lot size: 1,023 sqft
WC: 1
No. of levels: 2
Condition: Good
Parkings: 1
Air-conditioning: Yes
Balcony: Yes
Cellar: Yes
Satellite: Yes

SIMILAR PROPERTY LISTINGS

SALE PRICE PER SQFT IN PALMA

Average sale price per sqft
Oct 2023
3 months
1 year
House
USD 688
+6.7%
+20.4%
Apartment
USD 673
+10.5%
+17.8%

AVERAGE HOME VALUES IN PALMA

REAL ESTATE PRICE PER SQFT IN NEARBY CITIES

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