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Properties

Apartment for sale in Arenal · Palma

Arenal · Palma

Ref. 5460SALE
2
1
74 m²
No
Yes
€260,000

The property

NAPPO Real Estate presents this apartment to renovate with a terrace, located on the first floor of a building without a lift in the Arenal area of Palma, just 200 metres from the sea.

The property offers 74 m² of built area and 69 m² of usable space, distributed into an entrance hall, living-dining room with access to an approximately 5 m² terrace, separate fitted kitchen, 2 bedrooms and 1 full bathroom.

The layout offers multiple possibilities for renovation and customisation, making it an interesting opportunity both for creating a tailor-made home and for investors looking to add value to the property.

The apartment features ceramic tiled floors and has electricity, water and gas supplies. Community fees are approximately €20 per month, resulting in very low ongoing maintenance costs.

The property has a valid occupancy certificate (cédula de habitabilidad) and an energy rating of E, with energy consumption of 180 kWh/m² per year and emissions of 30.80 kg CO₂/m² per year.

Its location is one of its main attractions, surrounded by supermarkets, restaurants, shops and all kinds of amenities, as well as offering good public transport connections. Its proximity to the sea adds further appeal to this property.

An excellent opportunity for those looking for a property with renovation potential in an established area close to the sea.

Contact NAPPO to arrange a viewing and discover the full potential of this property.

With NAPPO you can SELL, BUY, RENT or INVEST in a property. We have our own renovation company with specialised staff, architects and designers, an in-house financing department and an integrated legal department. With more than 40 associated agents and 6 offices across Mallorca and Madrid, we accompany you throughout the entire real estate process. WHERE THERE IS NAPPO, THERE IS HOME.

Features

FurnishedTerracesFitted kitchenOrientation South

Running costs

Community fees€20.00per month
Waste collection€126.37per year

Energy performance certificate

Consumption ratingEConsumption180Emissions ratingEEmissions30.8
ConsumptionE
A
B
C
D
EClass E
F
G
Energy consumption180kWh/m² year
EmissionsE
A
B
C
D
EClass E
F
G
CO₂ emissions30.8kg CO₂/m² year

The area

Arenal · Palma

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

Lautaro Beltran

Lautaro Beltran

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.

Borrower 1€20,800

Illes Balears: reduced-rate band up to €270,151 and current eligibility limit in Mallorca/Menorca of €331,860. Subject to legal eligibility requirements.

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€20,800

Notary€1,500

Land Registry€750

Administrative services€750

Appraisal€700

Infinity Finance fees€5,000

Taxes, costs and fees€29,500

Purchase price€260,000

Total transaction cost€289,500

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€289,500Purchase price + taxes, costs and fees
Financing as a share of the purchase price91.3 %
Mortgage principal€237,500
Indicative appraisal value€296,875Mortgage 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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Nappo team in Mallorca