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Properties

Apartment for sale in Santa Catalina · Palma

Santa Catalina · Palma

Ref. 5416SALEEXCLUSIVE
3
1
70 m²
No
Yes
€420,000

The property

Nappo Real Estate presents this charming first-floor apartment of approximately 70 m², located in a building dating back to 1910 and forming part of a small community of just four residents. Set in a quiet area of Santa Catalina, close to Carrer Pascual Ribot and Plaza Madrid, the property offers the opportunity to live in one of Palma’s most distinctive neighbourhoods, surrounded by local shops, supermarkets, cafés, restaurants and everyday amenities. Santa Catalina is also known for its authentic neighbourhood atmosphere and its proximity to Palma city centre and the seafront.

The property welcomes us with a comfortable entrance leading into the living room, which provides access to a terrace of approximately 2 m², together with a pleasant sitting room and the kitchen. Continuing through the property, we find three bedrooms, two of them currently used as bedrooms, while the third interior room offers different possibilities and could be used as a dressing room or home office. There is also the possibility of opening it into one of the other two bedrooms to adapt the layout to the future owner’s needs. The property also features a bathroom with a walk-in shower.

Features include ceramic flooring, Mallorcan shutters and wooden windows. It currently has no air conditioning or heating and is equipped with a hot-water cylinder. The property offers excellent potential for updating and personalisation through the renovation planned by Nappo Renovations, Nappo’s own renovation department.

On the second floor, the building offers a large communal roof terrace together with a very spacious private storage room, included in the sale price. The community consists of only four residents, with monthly community fees of €50 including water. Annual property tax is €170 and the refuse collection charge is €126.37 per year. The building has successfully passed its technical inspection, and the main drainage pipe was replaced a few years ago.

A property with character and genuine potential, located in a residential setting that allows you to enjoy the atmosphere of Santa Catalina while remaining close to Palma and its main amenities. Its practical layout, generous private storage room and the possibility of adapting the property through renovation make it an interesting opportunity for those looking to create a home tailored to their needs. Contact Nappo Real Estate to arrange a viewing.

With NAPPO you can SELL, BUY, RENT or INVEST in a property; we also have our own REFORMATIONS company with dedicated staff, architects and designers; an in-house 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

TerracesFitted kitchen

Running costs

IBI€170.00per year
Community fees€50.00per month
Waste collection€126.37per year

Energy performance certificate

Consumption ratingEConsumption154.2Emissions ratingEEmissions41.48
ConsumptionE
A
B
C
D
EClass E
F
G
Energy consumption154.2kWh/m² year
EmissionsE
A
B
C
D
EClass E
F
G
CO₂ emissions41.48kg CO₂/m² year

Multimedia

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The area

Santa Catalina · Palma

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

Jennifer Chan

Jennifer Chan

Office Palma · Foners

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€33,800

Notary€1,500

Land Registry€750

Administrative services€750

Appraisal€700

Infinity Finance fees€5,000

Taxes, costs and fees€42,500

Purchase price€420,000

Total transaction cost€462,500

03 · Purchase structure

How much would you like to finance?

Enter your contribution in euros. We calculate financing against the total transaction cost, including taxes and costs.

Total transaction cost€462,500Purchase price + taxes, costs and fees
Financing as a share of the purchase price90.1 %
Mortgage principal€378,500
Indicative appraisal value€473,125Mortgage 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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