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Exclusive seafront apartment with excellent renovation potential in Palmanova

Palmanova · Calvià

Ref. 5634SALE
2
1
70 m²
Yes
Yes
1
€550,000

The property

Nappo Real Estate is pleased to present this apartment for sale in Palmanova, one of the most sought-after coastal areas in the southwest of Mallorca. Located on the fourth floor of a ten-storey building dating back to 1967, the property offers 70 m² of built area and 65 m² of usable space. Its south-facing orientation and exterior position provide plenty of natural light. Palmanova is particularly appreciated for its proximity to the sea and its wide range of restaurants, shops, supermarkets and everyday amenities, as well as its convenient connections to Palma and other parts of the island.

The apartment offers two bedrooms, one bathroom and a living area, together with a balcony that provides additional outdoor space. The current layout offers scope for updating and reconfiguration, allowing the future owner to adapt the property to their own requirements and preferences.

The existing features include wooden interior joinery, aluminium exterior frames and marble flooring. The property has electric heating and is in need of renovation, making it an appealing option for buyers looking to create a home tailored to their own taste in a location close to the sea.

An additional feature is the private parking space. Monthly community fees amount to €80. The energy performance certificate and emissions rating are currently being processed.

An apartment with renovation potential in one of Mallorca's best-known coastal destinations. Contact Nappo Real Estate for further information or to arrange a viewing.

With NAPPO, you can SELL, BUY, RENT or INVEST in a property. We also have our own RENOVATION COMPANY with dedicated staff, architects and designers; an in-house department to help you secure the best MORTGAGE available 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 throughout the entire property process. WHERE THERE IS NAPPO, THERE IS HOME.

Features

LiftAir conditioningFurnishedTerracesGreen spacesFitted kitchenSeafrontAccessible accessOrientation South

Running costs

Community fees€80.00per month

Energy performance certificate

Consumption rating—Consumption—Emissions rating—Emissions—
Consumption—
A
B
C
D
E
F
G
Energy consumption—kWh/m² year
Emissions—
A
B
C
D
E
F
G
CO₂ emissions—kg CO₂/m² year

The area

Palmanova · Calvià

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

Filippo Rappoldi

Filippo Rappoldi

Office Calvià · Santa Ponsa

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€45,500

Notary€1,500

Land Registry€750

Administrative services€750

Appraisal€700

Infinity Finance fees€5,000

Taxes, costs and fees€54,200

Purchase price€550,000

Total transaction cost€604,200

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€164,200Purchase contribution + cost contribution
Total transaction cost€604,200Purchase price + taxes, costs and fees
Financing as a share of the purchase price80 %
Mortgage principal€440,000
Indicative appraisal value€550,000Mortgage 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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Palmanova · CalviàSale: €550,000
Nappo team in Mallorca