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Properties

Exclusive renovated premises in Santa Catalina

Santa Catalina · Palma

Ref. 5566SALE
3
102 m²
No
Yes
€690,000

The property

Nappo Real Estate is pleased to present an excellent investment opportunity in the heart of Santa Catalina. This 102 m² commercial premises is located at street level on Plaza Navegación, just a few steps from the Santa Catalina Market and surrounded by some of the area’s most renowned restaurants, cafés and established businesses. A consolidated location with a strong commercial and gastronomic activity throughout the year, making it one of the most attractive areas of Palma.

The premises are located in a building dating from 1936 and have been completely renovated. They are sold fully equipped, with all furniture included in the price, offering a genuine turnkey opportunity. The property currently holds an “R” restaurant licence and has an approximate capacity for 40 people. Upon entering, we find the customer area, fully prepared to continue operating, which connects to a spacious professional kitchen equipped with all the necessary machinery.

The kitchen features a smoke extraction system with a recently installed Filtronic system, three-phase electrical installation and C3 non-slip tiled flooring. The premises also have two customer bathrooms, one of which is adapted for people with reduced mobility, as well as a separate staff bathroom and an installed alarm system. Everything is already in place to continue the restaurant activity without the need for further preparation of the premises.

In addition to its current use as a restaurant, the layout and location offer the possibility of developing other commercial concepts, such as a boutique, office, gallery or creative space. Its position next to the Santa Catalina Market, in an area characterised by established businesses and an extensive gastronomic offering, provides an added value that is difficult to replicate.

A particularly interesting property for those looking for a business ready to start operating from day one, in one of Palma’s best-known and most sought-after areas. The renovation, licence, equipment, machinery and furniture are all already in place, allowing the new owner to acquire the premises and continue directly with the activity.

Contact Nappo Real Estate for further information or to arrange a viewing. We will be delighted to accompany you throughout the entire process.

Con NAPPO puedes VENDER, COMPRAR, ALQUILAR o INVERTIR en una propiedad; contamos además con una empresa de REFORMAS propia con personal, arquitectos y diseñadores; un departamento interno para conseguir la mejor HIPOTECA del mercado y un DEPARTAMENTO JURÍDICO integrado. Con más de 40 AGENTES ASOCIADOS y 6 OFICINAS entre MALLORCA y MADRID, somos el socio que te acompañará de principio a fin en todo el proceso inmobiliario. DONDE HAY NAPPO HAY CASA.

Features

Air conditioningFurnishedFitted kitchenAccessible access

Running costs

IBI€197.44per year
Waste collection€1,189.65per year

Energy performance certificate

Consumption ratingEConsumption322.1Emissions ratingEEmissions90
ConsumptionE
A
B
C
D
EClass E
F
G
Energy consumption322.1kWh/m² year
EmissionsE
A
B
C
D
EClass E
F
G
CO₂ emissions90kg 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.

Mario Parmense

Mario Parmense

Office Palma · Cala Major

LanguagesEnglish · Spanish · Italian

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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