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Properties

Exclusive ground floor with large patio

Son Espanyolet · Palma

Ref. 5701SALE
3
1
105.4 m²
No
Yes
€698,000

The property

Nappo Real Estate is pleased to present this distinctive ground-floor property with a generous private outdoor area, located on Carrer Barrera in Son Espanyolet, one of Palma de Mallorca’s established residential neighbourhoods. Set in a two-storey building dating from 1948, the property offers an appealing opportunity for buyers looking to renovate a home with character and create a space tailored to their own preferences. Son Espanyolet is valued for its neighbourhood atmosphere, proximity to Palma city centre and access to everyday amenities, including shops, supermarkets, restaurants and transport connections across the city.

The property offers 105.40 m² of built area and 89 m² of usable space. Its current layout comprises an entrance hall, living room, separate kitchen with pantry, three bedrooms, a dressing room and a full bathroom. The existing configuration and available space provide scope to rethink the layout as part of a renovation project. Outside, the registered combined terrace and garden area measures 110.50 m², offering potential for an outdoor dining area, a relaxing corner or a Mediterranean-style garden.

The property requires renovation and retains elements of its original character. Interior woodwork is made of timber, while the floors are ceramic. Together with the available space, these features provide a starting point for a modernisation project that can reflect the future owner's style and requirements.

The recorded annual property tax (IBI) is €170. No community fees or refuse collection charges are specified in the property records, and no parking space or storage room is listed.

A property with character and renovation potential in Son Espanyolet, offering the opportunity to create a personalised home in Palma. Contact Nappo Real Estate for further information and to arrange a viewing.

With NAPPO, you can SELL, BUY, RENT or INVEST in property. We also have our own RENOVATION company, with dedicated staff, architects and designers; an in-house department to help secure the best MORTGAGE available; 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

Running costs

IBI€170.00per year

Energy performance certificate

Consumption ratingFConsumption50.4Emissions ratingFEmissions50.5
ConsumptionF
A
B
C
D
E
FClass F
G
Energy consumption50.4kWh/m² year
EmissionsF
A
B
C
D
E
FClass F
G
CO₂ emissions50.5kg CO₂/m² year

The area

Son Espanyolet · Palma

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

Mireya Neira

Mireya Neira

Office Marratxí · Sa Cabana

LanguagesSpanish

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€59,800

Notary€1,500

Land Registry€750

Administrative services€750

Appraisal€700

Infinity Finance fees€5,584

Taxes, costs and fees€69,084

Purchase price€698,000

Total transaction cost€767,084

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€208,684Purchase contribution + cost contribution
Total transaction cost€767,084Purchase price + taxes, costs and fees
Financing as a share of the purchase price80 %
Mortgage principal€558,400
Indicative appraisal value€698,000Mortgage 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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Son Espanyolet · PalmaSale: €698,000
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