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Description
It is impossible to walk through the old town of the beautiful Citadel and not raise your eyes to this majestic palace with reddish walls and interiors the sandy colour of the paradisiacal beaches of Menorca. It belonged to the bishopric of Menorca from 1614, and is located in one of the most aristocratic areas of the island, just 200 metres from the cathedral, making its location a priceless luxury.
Most of these buildings were built from the end of the 17th century and throughout the 18th century. To a greater extent this occurred under English rule, when nobles and landowners erected these stately homes as a sign of social and economic power. They are true architectural gems that form part of the local heritage. They are influenced by British and Italian influences, as well as the island’s own customs, which gives them a unique and singular style that you will not find anywhere else. Many of them have courtyards or interior gardens and private terraces at different heights from where you can enjoy pleasant temperatures in the summer heat.
These types of buildings are in great demand due to their historical and architectural value, but above all because of their scarcity on the market. Their acquisition therefore becomes an unrepeatable opportunity to make a range of dreams come true, such as the location of a charming summer residence or a boutique hotel.
Menorca has become the new focus of both national and foreign investment for a number of reasons. As the third most populated of the Balearic Islands it is also the best preserved and sustainably conserved with its natural environment. This natural attraction is complemented by a vibrant cultural life, which has a dizzying fascination for locals and visitors alike. The ideal last Mediterranean bastion for lovers of the authentic.
Layout:
It consists of nine bedrooms and nine bathrooms and can be increased to fifteen.
This palace house has 1150m2 divided into three floors and has a patio (41m2) with the possibility of building a swimming pool and several terraces.
Details
- Reference THSSESMEN0002
- Price 2000000€
- Built area 1150 sqm
- Bedrooms 9
- Bathrooms 9
- Location Ciudadela, Menorca
5 Stars
In a privileged enclave, the house is located in the best street of the old town of Ciudadela, only 200 metres from the cathedral and 10 minutes from the paradisiacal beaches of the south. Ideal for discovering the bustling commercial activity of Ciudadela, where you will find traditional shops selling shoes, cheeses, sausages and other local products that are sold around the town’s market.
Ciutadella’s Market Square is full of life, which makes it one of the liveliest places in the city. It is currently the only example of iron architecture in Menorca.
Located in the nerve centre of the city, it is the ideal enclave thanks to the tranquillity of its streets and close to pretty cafés where you can marvel at the spectacle of Menorcan life with all your senses.
It enjoys several orientations which gives it many possibilities for internal distribution.
The building was built in 1614 and retains all its original features, such as terracotta floors, wooden beams and high ceilings, wrought iron railings and a beautiful stone staircase. It has a charming interior courtyard, with the possibility of a swimming pool.
Its composition consists of five palaces distributed in 1.150 m2.
This creates a unique, prestigious setting for a luxury hotel in the best area of the old town of Ciudadela.
It is in good condition but requires updating and distribution.
Great opportunity to acquire a unique property, with the possibility of obtaining high returns due to the growing interest that Menorca is receiving from investors, which is why it has great projection.
In addition, in recent years there has been an increase in the influx of a public with high purchasing power and cultural interest, who are increasingly extending their stays and returning each season. It is located next to the effervescent Plaza del Comercio, a meeting point for visitors due to the authenticity of its shops, tapas bars and the nerve centre of life in Ciudadela. These are compelling reasons, which make this palace ideal for tourist exploitation, in the form of a charming boutique hotel
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