Unique investment opportunity in one of the most characterful historic buildings in the old town of Sineu.
Son Toreó is a unique property of great architectural and heritage value, ideal for the development of an exclusive renovation project. The property preserves the essence of traditional Mallorcan manor houses and offers enormous potential for high-end projects such as a boutique hotel, prestigious private residence or experiential space.
Permitted uses, according to current urban planning certificate:
• Single-family and multi-family residential use.
• Tourist use, subject to current sector regulations.
• Commercial use on any floor.
• Service use only on the ground floor or, in the case of a restaurant, in an exclusively designated building.
Key features:
• Prime location in the historic centre of Sineu.
• Authentic historic architecture.
• Unique and hardly replicable asset.
• High potential for value appreciation through heritage rehabilitation.
Property aimed at buyers and investors seeking to develop an exclusive project with its own identity in the heart of Mallorca.
The sale price of the property is €2,100,000, including agency fees, which are payable by the seller.
The price does not include applicable taxes (ITP or VAT), nor notary and land registry fees. Applicable taxes may range between 8% and 13% of the purchase price, while notary and registry costs are estimated at approximately 1.5% to 2%. These amounts may vary depending on the buyer’s circumstances and current regulations.
1165m² building for sale in Sineu,
Sineu, Illes Balears View on the map
Sale
Offer Type
Building
Premise Type
1165 m²
Constructed Area
2
Bathrooms
Description
English
Spanish
About the property
Offer Type
Sale
Premise Type
Building
Built Area
1165 m²
Land Area
422 m²
Bathrooms
2
Potential Businesses
-
Hotel
-
Residential
Building Information
Building type
Edificio
Condition
Needs Renovation
Photos
Do you need a mortgage?
Address
Sineu, Illes Balears