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Properties

Penthouse with Renovation Project and Port Views in Porto Pi

Paseo Maritimo · Palma

Ref. 5361SALEEXCLUSIVE
3
2
154 m²
No
Yes
1
€690,000

The property

Nappo Real Estate is pleased to exclusively present this penthouse in the Porto Pi area, located in a building constructed in 1987. The property offers 154 m² of built area, 119 m² of usable space and 35 m² of terraces, together with a particularly attractive location just 150 metres from the sea. Porto Pi is one of Palma’s established coastal areas, offering a wide range of services, shops and restaurants, while the port and Paseo Marítimo are also close by.

The property currently comprises three bedrooms and two bathrooms, together with several outdoor areas that add considerable value to the property. It is a property requiring renovation, with a generous surface area and a layout that provides considerable scope for a comprehensive refurbishment and the creation of a more contemporary, functional and personalised home.

Its renovation potential is undoubtedly one of its main attractions. To help prospective buyers visualise the possibilities, a renovation project and indicative renders are provided, offering a clearer idea of the potential result following the refurbishment. This makes the property particularly appealing to those looking for a well-sized home close to the sea, with the opportunity to develop their own project and tailor the final result to their preferences.

The property is currently in need of renovation and has an energy rating of G, with an energy consumption of 261.4 kWh/m² per year and CO₂ emissions of 57.3 kg CO₂/m² per year.

The property also includes a parking space and a storage room, providing an especially practical addition in this part of Palma.

A property with a privileged location close to the sea and significant transformation potential. An interesting opportunity for those looking to renovate and create a home tailored to their own requirements, making the most of its 154 m² of built area and 35 m² of terraces. We invite you to review the attached renovation project and indicative renders and arrange a viewing to appreciate the property and its possibilities in person.

With NAPPO you can SELL, BUY, RENT or INVEST in a property; we also have our own RENOVATION company with staff, architects and designers; an internal department to secure the best MORTGAGE on the market and an integrated LEGAL DEPARTMENT. With more than 40 ASSOCIATED AGENTS and 6 OFFICES across MALLORCA and MADRID, we are the partner who will accompany you from start to finish throughout the entire real estate process. WHERE THERE IS NAPPO, THERE IS HOME.

Features

Air conditioningTerracesStorage roomFitted kitchenOrientation Southeast

Running costs

IBI€522.53per year
Community fees€100.00per month
Waste collection€122.00per year

Energy performance certificate

Consumption ratingGConsumption261.4Emissions ratingGEmissions57.3
ConsumptionG
A
B
C
D
E
F
GClass G
Energy consumption261.4kWh/m² year
EmissionsG
A
B
C
D
E
F
GClass G
CO₂ emissions57.3kg CO₂/m² year

Multimedia

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Layout

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The area

Paseo Maritimo · Palma

Explore the area and its connections. The exact address is shared only with qualified buyers.

Mila Docheva

Mila Docheva

Office Calvià · Santa Ponsa

LanguagesEnglish · Spanish

Request your viewing

Preferred date · optional
Preferred time · optional
How do you plan to buy? (Optional)

Calculate your mortgage in 1 minute!

Mortgage, taxes, costs and fees explained in four steps.

01 · Tax base and taxation

Property transfer tax (ITP)

We start from the advertised price. If you are considering an offer, enter the amount you would like to analyse here.

02 · Taxes, costs and fees

Transaction taxes and costs

Tax is recalculated using the stated tax base. Standard costs are fixed; only other costs can be edited.

ITP Illes Balears€59,000

Notary€1,500

Land Registry€750

Administrative services€750

Appraisal€700

Infinity Finance fees€5,520

Taxes, costs and fees€68,220

Purchase price€690,000

Total transaction cost€758,220

03 · Purchase structure

How much would you like to finance?

Separate your purchase contribution from your contribution to taxes, costs and fees. Any shortfall is included in the financing.

Total own contribution€206,220Purchase contribution + cost contribution
Total transaction cost€758,220Purchase price + taxes, costs and fees
Financing as a share of the purchase price80 %
Mortgage principal€552,000
Indicative appraisal value€690,000Mortgage principal ÷ 0.80
04 · Mortgage simulation

Calculate your mortgage

Enter the interest rate and term to estimate your monthly repayment.

Indicative simulation based on current regulations and the information entered. Tax benefits require documentary verification by Infinity Finance and do not constitute a binding offer or definitive tax advice.

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Paseo Maritimo · PalmaSale: €690,000
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