_Holiday Home of the Week: Three bedroom villa with potential in Mallorca's Costa de los Pinos
Three bedroom villa in Costa del los Pinos
Asking price: £799,750
Put squarely in the spotlight after a certain reality television show, the showstopping island of Mallorca enjoys no shortage of holidaymakers and those making a permanent move to the largest of the Balearic islands.
Glossy new managed developments and luxury new build villas are all there for those that like the convenience of lock-up-and-go, but this three bedroom home requires new owners with vision and patience. The upshot will be well worth it.
Ripe for modernising, expanding or remodeling, the property is a blank canvas for an investor with imagination or a family wanting to put their stamp on their future Mallorcan vacation property.
Sitting in the pared down Costa de los Pios, the chalet is framed by pine-clad hills and an immaculate stretch of beach, a five minute walk from the property, lapped by aquamarine water and dotted with shaded nooks and coves.
Spanning 1,218 sq m the property is semi open-plan, with adjunct living/dining space. The living room doors open to a covered terrace with oven and BBQ area for al fresco meals. There a three good sized bedroom, one with en-suite bathroom.
Shaded by lush pine trees is a garden with swimming pool. A gratifying project for the green fingered, the garden would benefit from landscaping with new trees, plants or shrubbery and bordering. There really is an empty page here.
The double garage can be remodeled as a 100 sq m guest apartment with planning permission already in place. A second floor would be possible should owners want to expand further.
A tourist rental license has been available since July 2017 allowing new owners to enjoy an income when not using the property.
Costa de los Pinos is a well-heeled and quiet neighbourhood on the island's east coast. It is around a one hour drive from Palma de Mallorca airport. The larger and lively Cala Millor and Cala Bona are around 10 minutes’ drive south offering plenty of bars and restaurants.
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