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    FALC Real Estate

    Investor jewel on the first sea line - project plot with hotel permit in Cala Millor

    INVEST_HOTEL
    For Sale
    Property No: FALC-AnPa-73457

    Investor jewel on the first sea line - project plot with hotel permit in Cala Millor

    07560 Cala Millor, Northeast, Mallorca, Balearic Islands, Spain

    Price

    2.000.000

    Plot area

    716

    Year Built

    1973

    Bathrooms

    16

    Features

    1. Sea Line

    Details

    Purchase Price per sqm:

    3.875 € per m²

    Plot area:

    716

    Rooms:

    16

    Condition:

    need of renovation

    Number of Floors:

    2

    This rare investment opportunity is located directly on the coveted beach promenade of Cala Millor - one of the liveliest and most visited vacation regions of Mallorca. With unobstructable sea views and a prime location right on the beach, this property combines potential, size and potential returns. The mixed-use building has a total area of over 1,030 m², spread over three floors above ground and a spacious basement. An already approved basic design for a boutique hotel in the 4-star category with 16 rooms and 29 guest beds is included. Furthermore, according to building regulations, it is possible to extend the current built-up area by 20% without increasing the number of guests - ideal for additional facilities such as a roof terrace, spa or suites. The building requires a complete refurbishment. Planning permission has already been granted for a comprehensive renovation, meaning that work can begin immediately. A digital render of the project gives a clear idea of the planned final state and its attractiveness. Key investor highlights: - First-class location directly by the sea in Cala Millor with breathtaking views - 1,038.56 m² total area (incl. 516.06 m² basement) - Approved project design for a 4-star hotel - 29 hotel places / 16 rooms - 20 % expansion potential without increasing the number of guests - Approved building permit already in place - Connected to public supply and sewage networks This property offers a strategic repositioning opportunity for investors in the growing Mallorcan tourism market. At a time when seafront properties are becoming increasingly rare, this property represents an excellent opportunity to realize a forward-looking hotel project in a premium location.

    Get more

    information

    Angel Pavlevski

    Angel Pavlevski

    Sales Agent

    FALC Real Estate Palma West