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SELECTION: For sale, Magaluf, Bar/Cafe

OPPORTUNITY! Well-known bar for sale in Magaluf Mallorca

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Sales Price:
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Reference No.: b4031abs
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For the purposes of this calculation we have automatically entered 60% of the purchase price as the loan amount at an interest rate of 3.5% payable over 15 years, but please feel free to change any of the figures according to your needs.


Property Description

This bar is well located, just off one of the busiest streets in the resort and benefits from signs on the main strip (the "Punta Ballena") and the back street leading up from Palmanova.  This area is the heart of the nightlife in Magaluf.  It is approached by a terrace of around 20m2. Inside, you will find a further 40m2 set out with bench seating (to maximise the number of seated customers). The bar itself runs along one side of the premises and, to the rear, there are male and female washrooms and storage space.
The décor is traditional, and the owner has recently laid new flooring throughout the premises. The licence allows for the bar to be open until 4.00am for those live music and Karaoke nights that are so popular in this area.
The clientele has been mostly an international mix of tourists during the summer season; however, there is scope for catering for the large population of ex-pats who are resident in this area all year round. There is also the possibility of accommodation, which is always so hard to find in this area.  This is in the form of a 1-bedroom apartment above the bar and could be used by the owners or staff.  COMMENT: It is rare to find a Freehold property in this area where the prices are increasing, thanks to the huge investment in the resort and we recommend immediate viewing, as this bar will not stay on the market for long.
Our multi-lingual staff would be delighted to show you the premises and guide you through every step of the buying process, free of charge to you as a potential buyer.


This is an excellent opportunity to rent, trespaso or buy the Freehold of a very well-known bar with a much sought-after café concierto licence in the ever-green resort of Magaluf – and the even better news is that it has been renovated throughout and is ready for the new owner to turn the key and start trading!

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