Seafront Residential Complex - A Versatile Investment in Cala Serena

About the property

Description

The residential complex consists of 10 independent apartments, each with different sizes and layouts – ranging from compact studios to spacious two-bedroom units. The living areas vary between approximately 32 and 120 m², offering individual design potential throughout. Several apartments also feature private terraces or balconies. The property is in need of renovation, but it provides a solid structural foundation for a comprehensive modernization. The former commercial space on the ground floor has already been converted into residential units, allowing the entire building to be used exclusively for housing purposes. The expansive outdoor area includes around 450 m² of terrace and pool space – ideal for creating a modern communal area with a pool, lounge zones or Mediterranean landscaping. The complex offers: 10 residential units of various sizes multiple private terraces and balconies large pool and terrace areas existing infrastructure suitable for renovation or redevelopment a well-established neighborhood in first sea line The property is currently oriented towards long-term rentals. Tourist short-term rentals are not permitted due to the lack of an ETV license. With its structure, size and outstanding seafront location, this property offers an excellent foundation for a high-quality residential complex – whether through full refurbishment, redesign or long-term rental strategies.

Features

• Parking space
• Pool
• Sea view
• Fibre internet
• Garden

Location

Location

Cala Serena is located in the southeast of Mallorca - a small coastal stretch at the edge of Cala d'Or. Low-rise buildings, pines, sandstone, and rocky coves. The property sits in first sea-line position: waves, salt air, and uninterrupted coastal views are part of everyday life here. The sheltered rocky coves and bathing spots around Cala Serena are just steps away. Cala Esmeralda, Cala Gran, and Cala Ferrera with their sandy beaches and waterside restaurants are 5 to 10 minutes on foot. For a longer sandy beach, Cala Marçal is 10 minutes by car, and Cala Mondragó 15 to 20 minutes. Cala d'Or itself, with its well-maintained centre, restaurants, boutiques, and one of the finest yacht harbours on the island, is 5 minutes on foot or 2 minutes by car. Supermarkets, pharmacies, banks, cafés, and most of the infrastructure needed for daily life are available there, along with a health centre and medical practices. Families will find a public school and kindergartens in Cala d'Or. International schools such as Agora Portals or Eurocampus in Palma are 45 to 60 minutes away. Felanitx, the historic market town with its Sunday market, is 15 minutes away. Portocolom with its natural harbour is 10 to 15 minutes, and Santanyí with its Wednesday and Saturday market is 20 minutes. Vall d'Or Golf is 5 to 10 minutes away. Palma airport is around 50 to 55 minutes. Cala Serena is a place where the sea sets the pace. Waves in the morning, a dip in the cove at midday, evenings winding down with a sundowner and views of the water.