Countryside finca with excellent location and opportunity of expansion
This charming finca with 360° views is located on a plot with an irregular surface, which means it is naturally terraced with different levels.
The location is idyllic and peaceful at the foot of the Tramuntana mountains. An 8-minute walk through the authentic and cosy little village of Alaró takes you to the main square where there are several restaurants, cafeteria, bakery, pharmacy etc. If you want more action it´s a 25 minutes drive to Palma.
The property is located on a large plot of 14,840 m2 and the finca today has a living area of 191 m2 distributed between ground floor and first floor and there is also a terrace of 25 m2. A cosy and nice finca in good condition with generous entrance hall, large social kitchen, 3 bedrooms and 2 bathrooms.
The hillside location on the outskirts of Alaró combined with the fact that there is also an approved project and a building permit with construction start in April 2024 is what provides a unique opportunity.
The building permit allows for an extension to 300 m2 of living space almost evenly distributed between the ground floor and first floor.
After the extensive renovation and extension, the property will have a spacious entrance hall, four bedrooms, three bathrooms (two en-suite), a fully equipped kitchen with access to a patio and a living/dining room with a cosy fireplace and access to a large terrace. In total, there will be +100 m2 of terraces. The project also includes solar panels, heat pump, a pool of 30 m2, a garage for 2 cars and a separate "bodega"/property of 140 m2.
Price for the property including reform: 4.625.000 euros.
Then you have a modern, new and charming house with a lot of character and a great location!
If you decide to go ahead with the project, the included project manager is the German architect who designed the project. He is specialised in renovating old properties.
Another opportunity for expansion is the possibility of buying two neighbouring plots of 6,700 m2 and 3,500 m2 respectively, giving a total area of 25,000 m2.
Alaró has about 5,500 inhabitants and the community is open all year round and has a growing number of international residents who want to fulfil the dream of a quieter and more harmonious life close to nature. Several of them have started their own vineyard/olive oil production and their products can be bought at the local market in the square every Saturday. There is also a good selection of locally grown fruit and vegetables, fresh produce and crafts.
The gastronomic scene also has a lot to offer, with kitchens of high class and good wines.
For those who want to hike or cycle, there are perfect trails just around the corner surrounded by pine trees and fantastic mountain roads with breathtaking views. In Alaró you can leave your car at home.
ALL IMAGES ARE RENDERS/COMPUTER-ANIMATED IMAGES THAT REALISTICALLY, BUT NOT EXACTLY, REPRESENT WHAT THE FINCA LOOKS LIKE AFTER THE PROJECT IS COMPLETED. WE ALSO HAVE PHOTOS THAT SHOWS WHAT THE PROPERTY LOOKS LIKE TODAY.
CONTACT US AND WE WILL SHARE THEM WITH YOU.