This exceptional townhouse is one of the earliest historic buildings in the centre of Algaida and has undergone a complete and meticulous four-year structural renovation. Traditional Mallorcan stonework and original architectural elements have been preserved and combined with contemporary materials and premium finishes. The result is a property that blends historic value with modern comfort.
With an active ETV holiday rental licence and confirmed bookings of approximately 20,000 euros for the coming year, fully transferable to the new tenant, this property offers an ideal foundation for an immediately functioning holiday rental business. It is not only a home but a ready-to-run income-generating asset.
LocationSituated in the heart of Mallorca, Algaida offers a balanced combination of tranquillity, tradition and excellent infrastructure. Supermarkets, doctors, pharmacies and restaurants are all within walking distance. Schools and childcare facilities make the area attractive for families. The convenient motorway access ensures quick connections to Palma, the airport and the island’s beaches. The historic village centre provides an authentic Mallorcan atmosphere in a well-maintained and peaceful environment.
FeaturesWith approximately 400 square metres of usable space, this townhouse combines traditional natural stone architecture with modern living standards. Spacious, light-filled rooms and high-quality materials characterise the interior. The property includes two living rooms, a country-style kitchen, four bedrooms and four bathrooms. The patio with pool and barbecue area, the sun terrace and the garden offer an ideal Mediterranean lifestyle. Air conditioning, central heating and a basement provide year-round comfort.
BusinessThe property holds a valid ETV licence, allowing legal tourist rentals. The monthly rent is 3,000 euros, payable yearly in advance, plus a two-month deposit and 1.5 months agency fee. Confirmed bookings for next year worth around 20,000 euros will be transferred to the new tenant, who will receive one hundred percent of the revenue.
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