Description
investment opportunity in one of the most sought-after coastal areas of mallorca, in the surroundings of **molinar / coll d'en rabassa**, with a privileged location by the sea.
the property corresponds to an **old hotel building**, currently used as a residence for the elderly, with authorised use since 1999.
main features:**
* approximately **1,860 m² built**
*about 30 rooms**
* existing building with grandfathering protection
* location **by the sea**
* about **5 minutes from palma airport**
* about **10 minutes from the historic centre of palma**
* consolidated coastal area with year-round demand
due to its location, surface area and configuration, the property offers different possibilities of exploitation and development, including concepts of **senior residence, assisted living, long-term stays and apartments with services**, always subject to the corresponding administrative authorisations.
a particularly interesting opportunity for **investors and operators** looking for a