Price reduced from Euro 1.450.000 to Euro 1.250.000. This property needs modernising. This is reflected in the price and there is room for further negotiation. It is highly recommended as an investment opportunity with potential to be a very exclusive quality coastal holiday villa.
- Price : 1.250.000 €
- Type of property: villa
- Plot : 1.250
- Built size: 600
- Beds : 5+
- Bathrooms : 4
This villa property is in an exclusive and quiet suburb just outside of Porto Cristo. It is a short drive and walk-able from the town and all its restaurants, bars, shops and other facilities. Porto Cristo is one of the prime East Coast Mallorca resorts and is a “proper” community with life all year round. The area is easily accessible from Palma and the airport (approx 50 minutes easy drive).
Situated on a plot of 1250m the property is very close to the front line and has direct sea views. The total constructed area is 380 m2 for the upper part of the house with the space distributed as : 5 bedrooms, 4 bathrooms, large kitchen, living area and dining room. Upstairs is a second living area with a fireplace, a large terrace with panoramic sea views. The ground floor living area has direct access to the terraces and pool area as does the kitchen.
Underneath the main house there is a very large basement area. Currently utilised just as a garage, there would be scope to add a gym + sauna + home cinema guest apartment or office. There is a great flexibility to this area according to the new owners wishes.
The property needs modernising. The basement conversions mentioned are not at all essential but would enhance the property greatly.
As an illustration of the potential, a spend of perhaps Euro 100.000 to 150.000 would create a very desirable villa worth, in our estimation, Euro 1.5m to Euro 2m depending on specification and finish. A “top-spec” renovation could lead to an even higher value.
Email us for more details || Search for similar properties
