A one-of-a-kind investment opportunity!

  • 10,950,000€
Port Andratx

Description

A one-of-a-kind investment opportunity awaits in Puerto Andratx, Mallorca, where the future owner has the exclusive chance to transform the renowned and historically significant “Villa Italia” dream hotel into a luxurious private residence.

Nestled in the fashionable setting of Puerto Andratx, this phenomenal project boasts an unbeatable prime location. The unique building regulations permit the conversion of the former luxury hotel “Villa Italia” into an exceptional individual property designed to meet the highest standards of luxury living. The approved building and renovation project, with its substantial floor space, represents a rare opportunity that may not be replicable in the prestigious port of Puerto Andratx.

History adds allure to this private villa, originally named “El Castillo,” built in the 1950s and later transformed into the renowned “Villa Italia” hotel. The property spans six floors, offering a total floor space of 1,145 square meters. The magnificent master suite with a studio features a private terrace providing unobstructed panoramic views of the sea and harbor, creating a regal ambiance fit for the royalty of Puerto de Andratx. The project includes five additional bedrooms with en-suite bathrooms, a staff flat with individual access, and a wellness area with an indoor pool.

Outdoor spaces of this residence promise unforgettable moments, whether on the sunny roof terraces, the tranquil pool lounge, or amidst the gardens, creating a hotel-like experience. With the granted conversion permit, immediate renovation can commence.

Additional features include the potential addition of a separate guest house, Mediterranean-style living areas, a heated outdoor pool, fitness spa areas, and yoga retreat zones. The property also boasts a Jacuzzi, garage parking, lifts to all levels, a cinema, a bar, a wine cellar, numerous terrace areas, energy-efficient heat pumps, solar technology, KNX home control, alarm systems, and unique ventilation systems. Please note that the gutting of the old hotel has already commenced.

For a comprehensive breakdown of the project details, please feel free to reach out to us.

Details

Updated on November 20, 2023 at 11:45 am
  • Property ID: 101010
  • Price: 10,950,000€
  • Property Size: 1145
  • Land Area: 5449
  • Bedrooms: 7
  • Bathrooms: 7
  • Year Built: 1950
  • Property Type: Villa
  • Property Status: For Sale

Energy Class

  • Energetic class: IN-PROCESS
  • Global Energy Performance Index:
  • A+
  • A
  • B
  • C
  • D
  • E
  • F
  • G
  • H
  • | Energy class IN-PROCESS
    IN-PROCESS

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