110 sqm Apartment First Sea Line in Portocolom

This 110 sqm apartment, located on the first sea line in Portocolom, offers a remarkable opportunity for renovation. The living and dining area features a balcony with views of the harbor, Sa Punta peninsula, and the old town. The apartment includes three bedrooms, a bathroom, a separate WC, and a kitchen with a sea view. A charming old fireplace adds character, and theres a spacious storage room. The communal rooftop terrace has a utility room and space for a washing machine. Although the apartment requires renovation, plans for remodeling are available, allowing for potential layout changes.

With new double-glazed windows in the kitchen and living area, the apartment is structurally sound with no moisture issues. Current market values for renovated properties in this area reach up to 1.3 million euros, making this a prime investment opportunity in a highly sought-after location.

Portocolom is a charming traditional fishing village renowned for its picturesque landscape, featuring typical fisher huts, a lighthouse, and colorful boats. The village has developed around the islands largest natural harbor, maintaining its tranquil ambiance even during peak tourist seasons.

Just 1 km from the harbor promenade and town center, Cala Marçal beach offers convenient access to shops, restaurants, and cafes that operate year-round. The area boasts several natural attractions, including the blue-flagged SArenal bay and the untamed Cala SAlgar and Cala Brafi beaches, perfect for nature enthusiasts.

Annual property tax: 280.57 Euros, Annual waste fee: approximately 180 Euros.