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Investment Opportunity in Palma: 31 Storage Units with High Yield & Demand

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950.000 €
Reduced Price 980.000 € - 3 %
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For sale: a fully operational storage facility with 31 units and 2 parking spaces in Palma de Mallorca.
The business has been open since July and is already more than 50% rented, generating consistent monthly income.
Once fully occupied, the property has potential to produce over €10,000/month.

Demand for storage units in Palma has been strong from the beginning and continues to grow, making this a secure, income-generating investment in a market with high expansion potential.

Key Features

31 storage units in total + 2 parking spaces

More than half rented since opening in July

Current rental price: €16.25/m² (e.g. a 10 m² unit = €162.50/month)

Variety of sizes available:

14 units of 8–10 m² (most popular)

Larger units of approx. 20 m²

One 50 m² unit already rented

Drive-in access: two gated entrances allowing vehicles to enter for easy loading and unloading

Quiet and secure area: no theft issues, offering tenants confidence and reliability

Investor Benefits

Business already operating with income from the first month

Strong, sustained demand for storage in Palma

High yield potential and opportunity for further growth as occupancy increases

Location: Palma de Mallorca (quiet, safe area)
Operation type: Sale of freehold asset with ongoing business

Property Features

  • Reference VS2501
  • Type of Operation For sale
  • Type of property Business
  • Zone / City Son Serra - La Vileta - Son Pereto / Palma de Mallorca
  • Built Surface 790 m2
  • Condition Good condition
  • Exterior type All exterior
  • Regime Libre
  •  Garage Included
  •  Parking Included
  •  All Exterior

Energy Efficiency Rating

Pending Energy Consumption
kWh/m2 Year		 Consumer Kg CO2/m2 Year

Situation

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