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Residential Real Estate Construction Company for Sale in Palma, Spain

Palma residential construction firm for sale with 14‑person turnkey team and REA accreditation.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity S Corporation
Reported Sales USD 2.9 million
Run Rate Sales USD 2.1 million
EBITDA Margin 2 %
Industries Residential Real Estate Construction
Locations  Palma
Local Time 9:12 PM Europe / Madrid
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 450 thousand (Native Currency: EUR 390,000)
Reason: The owner is looking to sell the business in order to change careers and return to their previous pr... View More
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Business Name
Not disclosed
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Business Overview
- Palma-based construction company specializing in new residential construction, comprehensive building renovations, and high-end hotel and home refurbishments.
- Team of 14 experienced employees offering construction management, technical direction, and turnkey project delivery.
- Core services: new construction, full-scale renovations, hotel refurbishment, and luxury residential upgrades — targeted at quality-conscious clients.
- Primary customers: prestigious real estate developers, public administrations, and high-profile private clients seeking guaranteed deadlines and quality workmanship.
- Revenue model: fixed-price and contract-based income from new construction contracts, comprehensive renovation projects, and specialized refurbishment jobs.
- Competitive strengths: 15+ years’ experience in technical direction and construction management, ensuring compliance, budget control, and schedule adherence.
- Strong supplier and subcontractor network across Mallorca, enabling reliable procurement, local trades coordination, and cost-efficient project delivery.
- Notable track record includes comprehensive hotel renovations and residential developments for a leading international developer, demonstrating capability in large-scale hospitality and residential projects.
- Accreditation: REA registration and an established sector reputation that support public contracts and institutional clients.
- Value propositions: turnkey project management, high-quality residential construction, renovation expertise, and reliable deadline-driven delivery for developers and public sector construction projects.
Products & Services Overview
Our company’s top-selling services include new residential construction, complete building renovations, and refurbishments of hotels and luxury homes. We work with prestigious real estate developers, public administrations, and private clients who seek turnkey projects, ensuring strict adherence to deadlines, exceptional quality, and full technical management.
Assets Overview
We do not have any physical assets.
Intangible assets include company registration.
Facilities Overview
We operate from a leased warehouse with a five-year term, which includes a materials storage area, two renovated offices, and a fully equipped bathroom. In addition, we have a 2x6 m mobile technical office with a bathroom, providing added flexibility for project management.
Capitalization Overview
The business is currently financed through equity and credit facilities of €140,000 and €50,000, ensuring sufficient liquidity to cover payments to suppliers and subcontractors. Financial debt is low relative to turnover, around €300,000 on approximately €2 million in annual revenue. The company has two partners, each with a 50% stake, who are the company's directors.
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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