This stunning 2 bedroom apartment for sale in Pont I Vic, a one-of-a-kind project right at the heart of soulful Palma, is located a few steps away from the historic Cathedral and the bustling centre.
Featuring open-plan living spaces, high ceilings and big windows with views for the charming old town the property benefits from the sparkling light of Mallorca. On the ground & first floor, the 2 bedroom apartment for sale has exposed beams and a charming lofty feeling facing both the historic streets but also the beautifully landscaped interior courtyard.
An old palace from the 16th century, in a quiet and historic street, is being turned into beautiful residences that combine renaissance and medieval elements with world-class modern architecture and design.
Surrounded by historical buildings, museums, churches and beautiful gardens, this charming old neighbourhood is also the centre of commerce and art. In fact, Pont I Vic will also be featuring local artists art-work in its cellar, home to the art gallery 6A. All this steps away from the bustling plazas and less than 10 minutes away from the beautiful bolt-blue coastline.
Why is this investment opportunity so exciting?
There is nothing like Pont I Vic in Palma or even Mallorca. This is the first premium residential project in the historic centre, which is meant to elevate high-living to completely new standards. Fruit of a partnership between sterling developers, designers and architects, these properties for sale in Palma combine Swedish design with traditional Mallorcan architecture, giving this old palace a nonpareil touch.
A perfect investment for those wishing to live with superb comfort and quality of life in the soulful and lively Palma’s centre.
What's the investment potential?
Land in Mallorca is extremely scarce and with the increasing demand and short supply, prices are expected to rise in the upcoming years. Considered by Colegio de Registradores the most rentable market in the country, one can be sure buy-to-let or resales are always a good option here.
According to data from 2017, prime properties in Palma can go from around €6,000/sqm to €19,000/sqm. This specific project is the first and only in historic Palma and is expected to revive and reshape this old part of town, offering an average of €10,000/sqm.
The largest of Spain’s Balearic island and a top summer attraction, Mallorca is known for its stunning coastlines and golden beaches, the crystal-clear turquoise waters as well as the wild nature and incredible mountains. A sunshine haven, Mallorca is only 2 hours away from most major European cities. Whether you want to visit the numerous historical sites, lay by the beach, climb mountains, eat delicious food or simply relax, Mallorca has it all.