The property
Nappo Real Estate is delighted to present this exclusive New York-inspired loft located on the first floor of the iconic California Building, built in 1998, on Avenida Joan Miró in Palma.
Currently registered as an office, this unique property offers an outstanding opportunity for both investors and buyers seeking to create a truly distinctive home. The property already has the necessary urban planning documentation to begin the change of use to residential. Furthermore, NAPPO Real Estate can assist the purchaser throughout the entire conversion process, providing a comprehensive service until all administrative procedures have been completed.
Ideally located between Paseo Marítimo and Cala Major, the property enjoys excellent connections to Palma city centre, the marina, Marivent Palace, beaches, restaurants, supermarkets, public transport and all essential everyday amenities.
With a built area of 137 m² and 130 m² of usable space, the property offers a completely open-plan layout where spaciousness is the main feature. The main living area incorporates an elegant kitchen, a generous multi-purpose space offering numerous layout possibilities, and a full bathroom. In addition, there is a separate room that can be used as storage, a walk-in wardrobe or an auxiliary room, depending on the future owner's needs.
The impressive 3.5-metre ceiling height and the almost fully glazed façade flood the interior with natural light throughout the day while also offering pleasant partial sea views.
Inspired by the iconic lofts of New York, its semi-industrial aesthetic makes this property a rare opportunity within Palma's real estate market. Notable features include large double-glazed Climalit windows, bespoke industrial-style metalwork, parquet flooring, air conditioning and carefully designed lighting that enhances the architectural character of the space, creating a contemporary, elegant and welcoming atmosphere.
Annual refuse collection tax amounts to €126.
The genuine possibility of converting this property into a residential home significantly enhances its long-term value, making it an especially attractive investment for buyers looking for a unique asset with excellent future potential.
If you are looking for a property with character, generous open spaces, abundant natural light and the opportunity to create an exclusive loft-style residence in one of Palma's fastest-growing areas, we would be delighted to arrange a viewing and show you everything this exceptional property has to offer.
With NAPPO you can BUY, SELL, RENT or INVEST in property. We also have our own renovation company with architects, designers and specialist construction teams, an in-house mortgage department to secure the best financing solutions, and a fully integrated legal department.
With more than 40 associated real estate agents and 6 offices across Mallorca and Madrid, we are your trusted partner throughout every stage of your property journey.
WHERE THERE IS NAPPO, THERE IS HOME.
