1/4

Apartment in Mahon, Menorca, Mahon - € 600,000 | Ref: MEN56565 - photo 1

Apartment in Mahon, Menorca, Mahon - € 600,000 | Ref: MEN56565 - photo 2

€ 600,000

€1,869 per m²

Apartment in Mahon, Menorca

Added over 1 year ago

Bedrooms: 2
Bathrooms: 1
Build size: 321 m²
Plot size: 321 m²

2 Bedrooms
1 Bathroom
321 m² Build size
321 m² Plot size

Mahon, Menorca, Balearic Islands, Spain

Marketed by Dils Lucas Fox

English spoken

About this apartment for sale

Lucas Fox is pleased to present this magnificent investment opportunity in the centre of Mahón. This is the first floor of a corner building, measuring 321 m² (221 m² of property and a 100 m² overhang), with the possibility of building up to four upper floors with a buildable area of 884 m². This would allow for a total of 12 apartments.

Additionally, there is the option to renovate the ground floor retail spaces and acquire 10 pre-built parking spaces on the lower floors. Although there is currently no defined construction project, we offer a conceptual image so you can visualize the possibilities this space can offer.

This property is located just a few meters from the city centre , with easy access and in a busy area. It has access to public transportation, schools, supermarkets, sports areas , bars, and restaurants, making it an ideal location for living or investing.

Don't miss this opportunity. Contact us for more information or to arrange a visit.

Key features

5 features

Location: Near transport
Quality: Renovation needed
Outside: Terrace
Parking: Garage

Energy rating

Energy use: Grade F
CO₂ emissions: Grade F

A is the most efficient, G the least. A lower rating usually means higher heating and cooling bills.

Living in Mahon

Approximate location

Please ask Dils Lucas Fox for more information about the location -

Airports

Menorca airport, 4 km
Palma de Mallorca Saint Joan airport, 135 km
Palma de Mallorca Son Bonet airport, 137 km

International schools

Expats and climate

There are 1,249,844 total residents in Menorca including 270,891 foreign residents (21.67%)

Country of origin	Residents	% of expats
Morocco	30,147	11.13%
Colombia	29,034	10.72%
Italy	28,561	10.54%
Germany	22,632	8.35%
United Kingdom	18,448	6.81%
Argentina	12,076	4.46%
Romania	11,950	4.41%
France	7,553	2.79%
Paraguay	6,963	2.57%
Bulgaria	6,307	2.33%

Monthly average temperatures

Temperature (°C)

30°
25°
20°
15°
10°
5°
0°

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

	Dry days	Rainfall	Avg	Min	Max
Jan	21	1.3mm	13.1°C	6.2°C	20.4°C
Feb	17	1.4mm	13.4°C	7.2°C	18.7°C
Mar	17	0.8mm	14.7°C	8.4°C	22.6°C
Apr	14	2.8mm	15.7°C	8.6°C	24.1°C
May	15	1.2mm	18.8°C	12.5°C	27.2°C
Jun	22	0.5mm	22.7°C	16.7°C	29.1°C
Jul	26	0.1mm	25.8°C	19.7°C	34.8°C
Aug	24	1.4mm	26.4°C	21.6°C	33.3°C
Sep	9	2.4mm	22.8°C	15.7°C	31.6°C
Oct	10	1.2mm	21.2°C	14°C	28.4°C
Nov	17	1.4mm	17.5°C	11.7°C	22.9°C
Dec	17	0.6mm	12.8°C	5.8°C	19.9°C

What it costs

Purchase costs

Property price

Transfer tax

ITP: 8%,€48,000

€48,000

Notary fees

0.2%-0.5% of the purchase price

€3,000

Land registry

0.1%-0.25% of the purchase price

€1,500

Lawyer fees

Typically 1%-2% of the purchase price

€12,000

This is based on market information for Mahon. Other potential costs include hiring an agent, surveyor fees, obtaining suitable identity documents and translation fees.

* These cost of purchase details are to be used for the purposes of illustration only. It is not intended to be a substitute for professional advice which we always encourage you to obtain.: