Spacious property with multiple possibilities in the centre of palma

Exclusive property of over 200 m² located in one of Palma's most privileged areas, between Paseo Mallorca and Jaume III, surrounded by prestigious boutiques, renowned restaurants, and all the amenities of the city centre. Situated on the first floor of a distinguished building with a lift, the property features two independent entrances, more than eight rooms, three bathrooms, and an exterior balcony. Currently fitted out as offices, it offers exceptional potential to be transformed into a spectacular and spacious residence in the very heart of Palma. Its versatile layout allows for the development of a fully customised residential project, perfectly suited to the needs of a large family or those seeking a unique home in one of the city's most exclusive and cosmopolitan neighbourhoods. A remarkable opportunity to create a distinctive home in an unbeatable location. The property requires refurbishment, making it the ideal space to design a bespoke residence in one of Palma's most sought-after areas. The sale price of the property is €975,000, which includes the real estate agency fees, payable by the seller. This price does not include the corresponding Property Transfer Tax (ITP) or VAT, the applicable rate of which ranges between 8% and 13%, nor the notarial and land registry fees, which are estimated to range between 1.5% and 2% of the purchase price and must be paid upon execution of the corresponding public deed. The percentage of applicable taxes is calculated based on the final purchase price stated in the public deed and may vary depending on grants, subsidies, the buyer's age, and other individual circumstances.