Ref PAL11450 €415,000 Property in El Terreno

Amazing new apartment hotel design concept in Palmas new hot-spot

  • Bedrooms 1
  • Bathrooms 1
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Wellknown Swedish developer are building a new hotel and apartment project in Palma Mallorca. The apartments are sold fully furnished with an exclusive interior design and are a part of the Apart-hotel. The property is located in the El Terreno district, situated on the decline of the Bellver forest just 10 minutes of walking distance from the center of Palma.

The concept of is simple – when you’re not using your apartment, we will take bookings and use it as a hotel suite for our hotel guests. All the proceeds from the hotel suites revenues are split equally by the hotel operator and the apartment owners.

In the area of El Terreno, we are pleased to present a brand new residential and hotel concept with 13 exclusive apartments. El Terreno is located under Castillo Bellver and the whole district is undergoing a renewal and is expected to be the new hot area in Palma.

The principal idea is simple, when you do not live in the apartment, we rent it out for you as a hotel suite. The income can be used to pay off your loan, amortization or monthly fee payable for each apartment. And bearing in mind the luxury of the hotel market in Palma, it benefits that the apartment will in principle, fund itself.

Our idea is that we will act as a hotel with all the services it implies, such as cleaning, room service, concierge, garage and more. In short, all the beauty that is available when staying in a good hotel. But at the same time, you will be able to take advantage of all the benefits of having an apartment’s own kitchen, fully equipped, LED Tv screen, Wi-FI, extra sleeping and storing your personal items etc.

In the project we offer a modern accommodation in a form of a residence where each apartment is fully furnished from the beginning with everything from beds and sofas to towels and pots – all for you to enjoy fully from day one when you have gotten The key to your new apartment.

APARTMENT 5: Beautifully planned one-bed with open-plan layout between the kitchen and the living room, which also has a sofa bed.
Bedroom with access to balcony and street views. The apartment
also has a balcony overlooking the inner courtyard. Fully tiled
bathroom with shower. Total living area 77.5m2, of which 18.5m2 terrace. Monthly fee 345 Euro (maintenance).

This exciting project is planned to be completed for occupation in January 2018.

Contact Mallorca Property
Ref PAL11450

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