luxury house with pool for sale Son Ferriol, Spain

Spectacular villa for sale with a built area of 339 m2 and a large plot of 3,269 m2. This magnificent property has a swimming pool and a beautiful garden, as well as offering incredible views of the mountains.It has a vacation license, which makes it an excellent investment. Distributed in a basement, ground floor and first floor, this house is spacious and bright, with all rooms exterior.Inside you will find on the ground floor a large hall, a spacious living room and a living room with a fireplace. In addition, it has two bedrooms, a bathroom, a toilet, a large and equipped kitchen, a laundry room and a garage. On the upper floor, there are four bedrooms (3 of them with en-suite bathrooms), all of them very spacious and bright.The chalet also has a large basement, which can be converted into a storage room, a games room and a workshop or whatever one needs. Outside, you can enjoy a large porch, for summer lunches and dinners, several terraces and a swimming pool.The materials used are of the highest quality, with high ceilings, tiled floors and wooden carpentry. In addition, it has oil central heating, air conditioning, wooden windows and shutters, there is a well, automatic irrigation for the lawn and a drip system for the trees.The property has a holiday license for 8 people and is located in an unbeatable area, just 5 minutes from the center of Son Ferriol, 10 minutes from Palma and 15 minutes from the airport.This house is the ideal option for those looking for a luxury residence or a profitable investment.Do not hesitate to call us for a visit.

Nice house, located in the urbanization of Puntiró, 6 minutes by car to the town of Son Ferriol, where you will find all the infrastructure you are looking for, such as a wide variety of restaurants, stores, shops and supermarkets. The Puntiró area is only 17 km from Palma de Mallorca Airport and 20 km from the center of Palma. For golf lovers, there is the Puntiró golf course just 5 minutes away by car. The villa is located on a plot with few neighbors on a little-traveled street with clear views overlooking the bay of Palma.~ The property was modified to house 2 totally independent houses with 3 floors, which are distributed on the ground floor, a large entrance hall, living room, open kitchen with island fully furnished and equipped with appliances, pantry, 1 double bedroom and 1 bathroom with shower . From the ground floor, you access the first floor via a staircase with an iron railing that is distributed in 3 double bedrooms, one of them with direct access to a balcony and clear views and another double bedroom with bathroom with bathtub en suite and 1 bathroom with shower. From the ground floor you can also access the basement by the same staircase where there are different storage rooms, a water tank and also a large garage with space for 4 vehicles.~ Outside the house there is a pool with all its well insulated machinery. The house is equipped with appliances, air conditioning with hot and cold pump, double glazing, water softener, osmosis system, etc. The villa is sold semi furnished and ready to move into.~ Ideal house for large families!~ ~ The price does not include the corresponding taxes of the purchase, nor the notary and property registration expenses.

Discover your oasis in Mallorca!~~This agricultural estate spanning 22,343 square meters, divided into different areas, is ready to captivate you with its unlimited potential. Imagine harnessing its extensive areas with solar panels, ensuring sustainable income while enjoying the natural beauty that surrounds you.~~With 4,000 square meters dedicated to the development of an urban garden and another 6,000 square meters intended for the same purpose, this estate offers an ideal setting for food self-sufficiency and sustainable cultivation. Additionally, it features facilities for boat storage and has cisterns and a water well, ensuring a constant water supply.~~For decades, this land has been home to a thriving stud farm, with over 1,000 square meters of infrastructure including stables, horse stalls, porches, and more. Add to this 70 olive trees and a pool with a terrace at ground level, which with the right renovation will allow you to enjoy moments of relaxation and leisure.~~The main residence, built in 1960, with approximately 567 square meters, offers a completely renovated space with three double bedrooms, two full bathrooms, a fully equipped kitchen, and a spacious living-dining room. Additionally, it has a second dwelling on the first floor of 170 square meters with independent entrance, three bedrooms, a bathroom with sauna, and a kitchen with a fireplace, perfect for adapting to your needs. It does not have a certificate of habitability, is not registered, and Needs Renovation. Appraisal available.~~Located in a privileged environment with easy access to highways, hospitals, schools, and supermarkets, this estate offers the best of both worlds: the tranquility of the countryside and the convenience of the city. Just 10 minutes from the center of Palma and the airport.~~This property has been certified by ABSI (Balearic Association of Real Estate Services), which means that the marketing agency has supervised the necessary documentation for the sale and that the property is part of the multi-exclusive ABSI property portfolio.~~*Purchase expenses not included in the price, borne by the buyer in accordance with the law except for the capital gains tax, borne by the seller.~~If you're looking for a place to live and develop your dreams, don't hesitate any longer! Contact us and discover everything this estate has to offer you.

We present this villa located in Puntiró, an enclave surrounded by trees, mountains and lots of nature, which stands out for the peace and tranquillity of the environment.~~The property has 517m2 built on a plot of 8.032m2, distributed in ground floor, first floor and basement. ~~It features details such as high wooden beams combined with a modern style and minimalist decoration.~~The ground floor is distributed in a modern entrance hall with high ceilings with exposed wooden beams in Mediterranean style and a carved Mallorcan stone staircase leading to the upper room, a living-dining room with panoramic views to the exterior of the property, a fully equipped and modern kitchen, 4 double bedrooms with dressing room and 3 bathrooms.~~On the first floor there is an office with abundant natural light thanks to its large windows with incredible views of the natural surroundings and with the possibility of being transformed into a bedroom, with access to a large terrace.~~The basement has a garage space for 6 cars and a mechanical pit, an open-plan room and a machine room.~~As for the EXTERIOR of the house, the front part has woodland, outdoor parking space for more vehicles and a small porch at the entrance.~~The back part has a porch, garden area with swings, a swimming pool of about 48m2, barbecue area and incredible views to the horizon.~~Extra features:~- Sold FURNISHED~- Underfloor heating and oil radiators in all rooms.~- It has aerothermics and solar panels~- Air conditioning~- Automatic irrigation system in the outside area~~Its location is privileged, 10 minutes from the centre of Palma and only a few metres from the Park golf club.~~If you would like more information about the property or would like to arrange a viewing, please do not hesitate to contact us, we are at your disposal!~

On a plot of 8,860m2 located in the Puntiró area, there is a magnificent 270m2 house in an impeccable state of conservation and ready to move into.~ ~ Enjoy unbeatable tranquility on the outskirts of the city of Palma, totally unobstructed views of a private green space, and a refreshing day in the private pool.~ ~ The house has 2 heights; ground floor and upper floor. It has a total of 5 double bedrooms, all of them with large fitted wardrobes, 3 bathrooms, 2 of them en suite, a spacious living room and a equipped kitchen.~ ~ It has first qualities, as well as comforts such as central heating, double glaze aluminum windows, air conditioning and much more.~ ~ There is no better place to live. If you want to visit this dream home, do not hesitate to contact us and we will adapt to your agenda. It is waiting for you.

Detached villa with an impressive bay window located on the beautiful PUNTIRÓ HILL.~Exceptional house with panoramic views of the beautiful Bay of Palma that combines luxury, comfort and elegance in a single space.~~~WITH A VALID CERTIFICATE OF OCCUPANCY.~~~Built area of 313m2 on a plot of 8.340m2, distributed over two floors:~GROUND FLOOR:~- 3 bedrooms with fitted wardrobes~- 1 complete bathroom of excellent quality~- Very spacious and pleasant living room~- Utility room~~UPPER FLOOR:~- Living/dining room and open plan kitchen with amazing views.~- 2 elegant bedrooms with built in wardrobes~- 2 bathrooms, one of them en suite,~- A well designed staircase leads to a lovely terrace next to the living room.~~OUTDOOR AREA:~Immense garden with views to the horizon as far as the eye can see. Well-designed terraces and a swimming pool ideal for enjoying the sunny Majorcan climate. A charming porch plus a large garage with capacity for 2 or 3 cars and a CHARGING POINT FOR ELECTRIC VEHICLES.~~EXTRAS:~- Additional space including three storage rooms, a summer kitchen and a toilet.~- High quality wood and double glazed windows.~- Fireplace, radiators and pellet cooker that create a cosy and comfortable atmosphere in every corner of THIS EXCEPTIONAL VILLA.~~Contact us if this could be your ideal future home. It is well worth the money

This wonderful rustic property, ideal for families is located in S \ 'Aranjassa. It is built on a 21,000 m2 plot, perfectly fenced.~ ~ The property consists of 450m2 and is distributed into 4 bedrooms, 3 bathrooms, kitchen, several living rooms, pantries, storage rooms, garage, several dependencies. There is also an upper terrace and a large porch on the ground floor.~ ~ The house is equipped with an oil heating and a fireplace. There are also all the services, such as electricity Endesa and a water well.~ ~ In the outdoor area we find a private pool, magnificent gardens and an automated entrance gate.~ ~ The property offers a lot of privacy.

This beautiful property is located in the beautiful and quiet urbanization of Mal Pas in Alcúdia. The villa has a constructed area of 542 m2 and consists of two floors, offering 5 bedrooms, all with en suite bathrooms and own terraces overlooking the Mediterranean nature and the palm garden with swimming pool plus 2 additional toilets. On the ground floor there is a large living room, a large rustic kitchen with dining room plus 2 living rooms, one with fireplace. All rooms have their own access to the garden. Outside, the property has a very nice large pool area and two porches plus a proprietary barbecue area with panoramic terrace and two independent guest apartments. The plot consists of several palm trees and has a total area of 4,600 m2.

BRAND NEW VILLA WITH SWIMMING POOL,GARDEN AND PARKINGThe location is outstanding, just a few metres from the boulevard and the beach, allowing easy access to the coast. In addition, the property is surrounded by a variety of services, such as restaurants, supermarkets, medical centres and gyms, providing convenience and options to meet diverse needs.Can you imagine living here? Ref. VPM2311028

This spectacular complex in one of the most demanded areas of Mallorca, being a few meters from the sea and 10 minutes from the city center and Playa de Palma is in an ascending process. The property consists of: two semi-detached villas with indefinite holiday rental license for 9 people (real capacity 11 pax) each villa. They have been in operation since 2011, with a turnover of approximately 70K/year each villa. The semi-basements have been converted into homes of approx. 100 m² each, with their corresponding English type patios and are rented on a long-term basis at € 900 / month each, with maintenance contract of the villas to comply with the Tourist Rental Law. This unique property with four different incomes offers several options of uses, making it a very good investment opportunity!Great Investment: Two Semi-detached Villas with HOLIDAY LICENCES offering lot of possibilities!This spectacular property, built in 2008, is in one of the most demanded areas of Mallorca, centrally located just a few metres from the sea and 10 minutes from the city centre and Palma beach. It consists of two semi-detached villas with holiday rental license for 9 places per villa (real capacity 11 pax each). Generating a great income, it has been in operation since 2011, with a turnover of approximately 70K/year for each villa. In addition, the semi-basements have been converted into ground floor properties of approx. 100 sqm each, with outdoor patios, and are rented on a long-term basis at €900/month each, with a maintenance contract for the villas to comply with the Tourist Rental Law. This unique property with four different incomes offers various options of uses, making it a very good investment opportunity!

Total surface area 548 m², detached villa plot area 580 m², usable floor area 375 m², double bedrooms: 4, 4 bathrooms, air conditioning (cold), age less than 5 years, built-in wardrobes, heating (electric), ext. woodwork (pvc), state of repair: new build, garage (over 2), garden (own), swimming pool (own), terrace, pets are allowed.

Welcome to this wonderful rustic finca located in a quiet area with few neighbours. The stone-lined villa has a total of 518 m2 built, including impressive porches and terraces totaling 253 m2. The pool offers spectacular views of the finca full of fruit trees. With two floors, the ground floor houses a kitchen, a toilet and a lounge directly connected to the pool for unforgettable family celebrations ⛱️. On the first floor you'll find four cozy bedrooms; Two of them have direct access to a beautiful terrace with panoramic views all the way to the sea. Two kitchens complete this bright and impeccably maintained ✨ home. Come and discover peace, tranquility and harmony in every corner!

New development Houses for sale 3 units Description This new project is located in La Ribera, a residential area of Palma next to the beach. You will only need a few minutes to enjoy a relaxing swim in the sea or a pleasant stroll along the Mediterranean shore. Furthermore, your new home is set in a quiet neighbourhood that also offers the convenience of living just 15 minutes from the centre of Palma and 8 minutes from the airport. The project consists of 26 semi-detached houses in a residential area that is expected to be completed by the end of 2024. The project has been designed by Estudio Lamela, one of the most prestigious architectural companies in Spain and winner of a wide range of national and international awards. The architecture of the new house has been carefully designed to combine maximum functionality with the most exquisite design. Interior and exterior establish a 'dialogue' in which natural light and the integration of green areas in the main rooms play an important role. Just 400 metres from the sea, making the most of Mallorca's Mediterranean light, these homes are a subtle blend of design. The houses enjoy cosy exterior and interior spaces guarantee a comfortable transit between the day and night areas. The façade creates an innovative volumetric play and the homes have solariums and private gardens, each with its own independent swimming pool. Sustainability and commitment to the environment have been taken into account throughout the development. Because your future home is energy efficient, you will notice lower bills at the end of the month. The double glazing offered by Anzio helps to maintain a constant temperature and therefore it will not be necessary to spend so much on air conditioning. At the same time, along with the thermal comfort, you will notice how the sound is completely muffled and you can rest without anything interrupting your sleep. All the homes have a large open-plan living/dining room of up to 30 m², fully fitted and equipped kitchen, 3 complete bathrooms (one of them en suite), 3 or 4 bedrooms, depending on your needs, master bedroom with dressing room, large private garden of up to 130 m², private swimming pool, rooftop solarium, two surface parking spaces. It also offers three different layouts on the ground floor. You can choose between: office and separate kitchen, office and kitchen open to the living room or open-plan layout with kitchen and living room in a single space.El Arenal or S'Arenal, former fishing village is located between two municipalities, Llucmayor and Palma on the south coast of Mallorca. It is ideal location, 12 km from Palma and only 5 km from the airport, is one of the pillars of its success. It has a very well-known sports harbour, which is also one of the biggest attractions. El Arenal is also known for its long white sandy beach full of palm trees. The stunning Paseo Maritimo is an easy walk to explore the coast, with everything you could want, leisure areas, restaurants, and cafes. From El Arenal you can also enjoy the southernmost part of the Sierra de Tramontana, which can be seen far beyond Palma. From the beach, near the yacht club, you can even visit Palma Cathedral and Bellver Castle on a clear day. There are also several bars or beach bars, known as Balnearies, serving drinks and snacks; The Balnearies are numbered and are often used as reference. Units For sale V1198PM • EUR 930,000 Terraced house • 4 Bed. • 149m²V1197PM • EUR 890,000 Terraced house • 4 Bed. • 146m²V1199PM • EUR 1,010,000 Terraced house • 4 Bed. • 148m²

Exclusive construction project, detached house with swimming pool and garden. Consists of five double bedrooms, five bathrooms and a spacious open plan American style kitchen. Underfloor heating with integrated control in the system and air conditioning through the same air conditioning lines. Mechanically controlled double flow ventilation system with heat recovery. Both supply and extract air through ducts to the ceiling and roof. Flooring in Cristacer porcelain stoneware tiles (60x60), also on terraces with R3 porcelain tiles of the same brand (cristacer). Large format tiles for the bathroom and shower room. A self-regulating sound-absorbing system is mounted on top of the aluminium ones. Security and solar control glazing. Domestic hot water installation with solar panels. Water separator channel for rainwater and wastewater recovery, with soundproof PVC pipes. Installation of a cistern, grey water recovery and fully rusted septic tank. Garage for three cars, that and much more.~~The village of Portol in the municipality of Marratxì, famous for its ceramics. You can drive to Palma and it takes only about 20 minutes to get there.~~Don't miss this great opportunity.

Fantastic villa located in a tranquil, meticulously maintained urbanization in Pòrtol, this charming Mediterranean-style villa offers a perfect blend of elegance and comfort. Highlighted by its excellent orientation and panoramic views of Palma and the bay, it provides an atmosphere of unparalleled serenity.~~Built on a plot of approximately 1,983 m2, the five-bedroom house is spread over three meticulously designed levels. Upon entering the main door, you are greeted by an impressive entrance hall with high ceilings, leading to a spacious living-dining area with two wood-burning fireplaces, a separate kitchen equipped with high-quality appliances, and a delightful glass-enclosed terrace. Additionally, on this floor, there are two double bedrooms that share a bathroom.~~On the upper floor, there are three double bedrooms, each with its own private terrace. The master bedroom features a luxurious en-suite bathroom, while the other two bedrooms share an elegant bathroom.~~In the basement, the property offers a spacious garage for three cars, two storage rooms, and a wine cellar. Furthermore, the entire house is equipped with centralized air conditioning, connection to the electric and water grid, solar panels, and propane heating.~~The exterior of the property boasts an exquisite Mediterranean garden with native flora, a large saltwater pool, multiple sun terraces, and a separate laundry room for added convenience.~~The village of Pòrtol, located in the municipality of Marratxì, still largely remains on the outskirts of Palma. The region, especially Pòrtol, is famous for its ceramics. Approximately 3,000 people reside in this tranquil location.~~The art of pottery has a long tradition in this region, as the local terrain is particularly suitable. Like the land, almond shells, which grow on countless trees in the region, also played a central role. The first ceramics were made here, according to current estimates, already in the Neolithic period. With the Romans, the potter's wheel found its way, pottery objects became more uniform, and were based on typical Roman forms such as the amphora. A completely new influence arrived with the Arabs; the Mallorcans expanded their repertoire with glazes and rich decorations.~~The highlight of the pottery calendar occurs in early March when the Marratxì pottery fair takes place. In addition to an exhibition on the history of ceramics, there are mainly stalls. The classic Greixoneras are particularly popular. This mix between a pot and a pan is necessary for the preparation of many traditional dishes. Of course, there are also plant pots, amphorae, and Arabic alfabis, amphorae with smooth bottoms and no handles. The Siruell, small clay pipes shaped like humans, are popular among children. These were also made by the Catalan artist Joan Miró.~~Inmobiliaria King Binissalem is a family-owned company founded by brothers Joan and Narcis Rosselló, specializing in rustic properties in the interior of Mallorca and townhouses. We stand out for connecting buyers and sellers with all guarantees and have perfect knowledge of the local market peculiarities. In Mallorca, this is an added value.~~Whether you are looking for a townhouse, a rustic property in the countryside, a waterfront home, or an apartment in the city, or if you wish to sell or exchange your property, you are in the right place. We are dedicated to finding the best properties for each of our clients.~~We invite you to visit us at our office in Binissalem, a charming village in the heart of the island of Mallorca.

Discover this exclusive and modern villa in Marratxí, a new construction that stands out for its sustainable approach and energy efficiency. Wake up every morning with the gentle light filtering through the blinds, creating a cozy atmosphere, and program your home to simulate presence when you're not there. With its user-friendly smart home system, you have full control of your intelligent home.~~Inside, enjoy a spacious, elegant, and bright style with high-quality finishes and all the amenities, including an elevator that serves all floors. Distributed over two levels and a basement, the villa features 3 large double bedrooms on the upper floor, all with luxurious en-suite bathrooms. The master suite impresses with a fireplace and an impressive dressing room, as well as access to a large terrace overlooking the pool. Also on this floor is a fully equipped laundry room.~~On the ground floor, a beautiful floor of top quality unifies the spaces, with a fully equipped kitchen that opens to the living/dining room, both with access to the garden. Also on this floor stand out an impressive entrance and magnificent stairs illuminated with LED that add character to the house. The LED fireplace in the living room leads to stunning terraces with automated awnings and LED lighting. Additionally, this floor features a large guest bathroom and another double bedroom en suite, facilitating movement with its excellent built-in elevator.~~The basement offers a game room, another bathroom, and a garage for more than 3 cars, as well as two cisterns with 23,000 liters and a solar system with 12 kW panels and a 15 kWh battery, ensuring the energy self-sufficiency of the property. There is also the possibility of creating an apartment, a gym, or a cinema according to the needs of the new owner.~~This villa stands out for its high quality and its focus on energy efficiency, with an exterior thermal insulation system and high-performance windows. The garden, with its pool with waterfall and sun terraces, is the perfect place to enjoy leisure time with privacy.~~This is the perfect smart family home, just minutes from the center of Palma de Mallorca, to enjoy the island all year round or as a holiday destination. Don't miss this opportunity and schedule a visit today. Call us!~~By express order of the owner, we market this property exclusively, which guarantees you access to all information, a quality service, and an easy, uncomplicated process without interference from third parties. For this reason, we kindly ask you not to disturb the owner, the occupants of the property, or the neighbors. Thank you very much for your understanding. If you are a real estate agent and have a client for this property, call us: we will be happy to collaborate.~~This property has been certified by ABSI (Balearic Association of Real Estate Services), which means that the marketing agency has verified the documentation necessary for the purchase and that the property is part of the ABSI multi-exclusive property portfolio.~~*Purchase costs not included in the price, to be borne by the buyer in accordance with the law except for the capital gains tax, which is the responsibility of the selling party.~~Don't let this opportunity pass you by! Your life of luxury and comfort awaits you - schedule a visit. Call us!

Living in the CENTRE of the TOWN, only a few minutes walking distance to the bakery, bar, tobacconist, supermarkets, ....etc, seems to be a privilege that only typical townhouses can enjoy. ~This luxury detached villa in pure Majorcan style, with stone façade, high ceilings and viga vista (exposed beams), is immersed between the streets of the village. It is immersed in the narrow streets of the village, maintaining the grandeur and intimacy characteristic of this type of property, but at the same time close to all the services that make your life easier, without the need to use any vehicle.~In this enclave, on a plot of 1.800m2 is located this majestic villa of 332m2.~ Upon entering the villa, we discover a spectacular hall, which leads us to the living-dining room and the kitchen directly and to a side corridor where we find the four bedrooms on the ground floor. There is also a guest toilet in the hall. ~The master bedroom has a separate dressing room and an en-suite bathroom. There are three double bedrooms with wardrobes and a shared bathroom. All the bedrooms are exterior and very bright.~On the first floor there is a tower, which is accessed by the staircase from the hall. It is a large room of 34m2 that can be used as an office, games room, a fifth bedroom, with the possibility of making a bathroom on the same floor, etc. It is very luminous and from its seven rooms it is very bright. It is very bright and from its seven windows you can see the village and the mountains in the background. ~In the basement, with access from the hall and outside, there is a garage with capacity for several vehicles. There is also a storage area. Separate to the house there is a 25m2 building used as a workshop.~The villa is situated in the middle of the plot, surrounded by gardens with fruit trees and a 40m2 swimming pool. It is accessed from the porch which communicates with the kitchen and the living-dining room. This porch is covered with a vine pergola, which in springtime becomes a roof of reddish and violet flowers that brighten up the view.~It has recently installed solar panels and underfloor heating prepared for connection to aerothermal energy. Wooden windows with double glazing and Majorcan shutters.~A life of luxury that you can now savour, without the need to isolate yourself on the outskirts of the village.~If you want to enjoy a dream villa and you don't want to renounce to the Pure Rural Life, this is the opportunity to make it happen.~

Looking for a spacious rustic style detached villa with pool near Palma? We have one with character in Portol, which is the architectural fusion of history and all the comforts of the modern era. It has stone lined walls, wooden doors and windows, and the overall construction is of supreme quality, i.e. for a lifetime.~The house has a basement with a large garage for two cars and storage room. And the two floors of the house are distributed as follows.~On the first floor we enter into an entrance hall from which we pass on one side to the independent kitchen with open walls to the dining room and living room, where the white and stone walls create a feeling of being in a quiet mountain house. On the other side there are two double bedrooms with fitted closets, one of them currently used as an office, and a complete bathroom with shower. Behind the kitchen there is a laundry room with pantry.~On the second floor there are three double bedrooms, of which the master bedroom has a dressing room and bathroom en suite. There is another bathroom to share. Two of the bedrooms have access to a large terrace. The house is surrounded by terraces, garden and salt water swimming pool.~In the surroundings are all basic services; school, high school, health center, veterinary clinic, pharmacy, bakery, butcher, supermarkets, shopping centers Alcampo and Festival Park, and Palma at 20 minutes by car.~Extras: pre-installation for fireplace, air conditioning, oil heating, double glazed windows, ceramic floors, teak wood, two cisterns.~Discover the property through the 3D virtual tour and contact us for more details and/or a visit.

A dream house, on the ground floor you can find a triple bedroom with bathroom en suite, another double bedroom, another bedroom converted into a dressing room, a spectacular living room with large windows that give plenty of light and a laundry room.~ ~ We also find a bathroom for the swimming pool and a large closed living room equipped as a dining room, kitchen with oven, air conditioning, full kitchen and all the amenities for a family meal without dirtying the house, a parking for two vehicles with electric charger ...~ ~ This property has been certified by ABSI (Balearic Association of Real Estate Services) which means that the marketing agency has supervised the necessary documentation for the sale and purchase and that the property is part of the ABSI multi-exclusive property exchange.