Country house under construction for sale in stunning location, Felanitx, East Mallorca

June 25, 2010 // Posted in Country houses for sale in Mallorca, Price reductions and bargains  

It can be difficult to sell a part-finished property so they can sometimes offer a great investment opportunity. This one is a substantial property in a stunning location with views across the countryside of East Mallorca to the sea by Porto Colom. For sale “as seen”, reduced from 1,795,000 Euros to 800,000 to sell.
Elevated position with stunning views

Ref: CADFEL5325

Location: Felanitx, East Mallorca

Type of property: Country house

Bedrooms: 3

Bathrooms: 3

Plot Size: 17,500 m2

Living space: 450 m2

Price: 800,000 Euros

The property is located in the countryside of Felanitx which is a typical Mallorcan town on the east coast. This area has few developments although the coastline is stunning and there are a few popular resort towns such as Cala d’Or not far away. Also within easy reach is Porto Colom, one of the most picturesque coastal towns in Mallorca. The region offers an attractive mix of traditional culture, sporting and leisure pastimes and noteworthy restaurants as well as great “locals” bars. Palma de Mallorca and the airport are an easy 40 to 50 minutes drive away.

This house features exceptional views and has been designed as a substantial property to take advantage of its situation. With over 17,000 m2 of land, the approach to the house is via the winding driveway which has views over to the sea at Porto Colom. The house itself has a lot of space (450 m2 constructed) and has been designed with three large bedroom suites all with comfort and space in mind. The living space is accessed via a large entrance courtyard with independent steps up to the master suite giving lots of privacy to the owner.

On the ground level there is the lounge/dining room with fireplace, kitchen, utility room, downstairs cloakroom and a bedroom with en-suite shower room. On the first floor there are two further bedrooms, both of which have oversize luxury bathrooms. The bathroom to the master suite features a partial glass cathedral ceiling.

There is a good sized pool and many terraces all of which have stunning views. The opportunity is to finish the house and create a wonderful landscaped garden. Such works should cost between 200,000 and 300,000 Euros depending on specification. This is a very rough estimate and detailed estimates can be obtained prior to any commitment and in consultation with the prospective owner. Finished to the decent standard our view is that this would be a 1.2 million Euro property minimum and more likely would be 1.5+ million Euros in the current market and 1.8+ million in a stronger market.

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