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Apartment in Palma de Mallorca, Mallorca, Palma de Mallorca - € 640,000 | Ref: 82711 - photo 1

Apartment in Palma de Mallorca, Mallorca, Palma de Mallorca - € 640,000 | Ref: 82711 - photo 2

Apartment in Palma de Mallorca, Mallorca, Palma de Mallorca - € 640,000 | Ref: 82711 - photo 3

Apartment in Palma de Mallorca, Mallorca, Palma de Mallorca - € 640,000 | Ref: 82711 - photo 4

Apartment in Palma de Mallorca, Mallorca, Palma de Mallorca - € 640,000 | Ref: 82711 - photo 5

Apartment in Palma de Mallorca, Mallorca, Palma de Mallorca - € 640,000 | Ref: 82711 - photo 6

Apartment in Palma de Mallorca, Mallorca, Palma de Mallorca - € 640,000 | Ref: 82711 - photo 7

Apartment in Palma de Mallorca, Mallorca, Palma de Mallorca - € 640,000 | Ref: 82711 - photo 8

Apartment in Palma de Mallorca, Mallorca, Palma de Mallorca - € 640,000 | Ref: 82711 - photo 9

Apartment in Palma de Mallorca, Mallorca, Palma de Mallorca - € 640,000 | Ref: 82711 - photo 10

Apartment in Palma de Mallorca, Mallorca, Palma de Mallorca - € 640,000 | Ref: 82711 - photo 11

Apartment in Palma de Mallorca, Mallorca, Palma de Mallorca - € 640,000 | Ref: 82711 - photo 12

Apartment in Palma de Mallorca, Mallorca, Palma de Mallorca - € 640,000 | Ref: 82711 - photo 13

Apartment in Palma de Mallorca, Mallorca, Palma de Mallorca - € 640,000 | Ref: 82711 - photo 14

Apartment in Palma de Mallorca, Mallorca, Palma de Mallorca - € 640,000 | Ref: 82711 - photo 15

Availability may have changed for this property

Please register your interest with the agent for the latest details

€ 640,000

€4,571 per m²

Apartment in Palma de Mallorca, Mallorca

Added 4 months ago

Bedrooms: 3
Bathrooms: 2
Build size: 140 m²

3 Bedrooms
2 Bathrooms
140 m² Build size

Palma de Mallorca, Mallorca, Balearic Islands, Spain

Marketed by First Mallorca

English spoken

About this apartment for sale

Excellent investment opportunity: The property is currently rented under a long-term lease with 10 years remaining at a monthly rental income of €2,800. The new owner will take over the existing rental agreement, ensuring immediate, secure rental income and making this an outstanding investment opportunity for buyers seeking a stable, income-generating property.

140m2, 3-bedroom apartment with panoramic sea views in Bonanova, Palma de Mallorca. Located in a neighborhood above the Paseo Marítimo with easy access to the city center. The property enjoys a quiet location and faces west.

It is situated at one of the highest points in Palma and offers wonderful views of the entire bay and the cruise port. It has a large terrace with space for a dining table and sun loungers. The property also has a private pool, 2 parking spaces, and 1 storage room.

The apartment consists of: living-dining room, separate kitchen, guest toilet, 3 double bedrooms, 2 bathrooms (1 en suite), and a laundry room. Features: kitchen with siemens appliances, porcelain stoneware, built-in wardrobes, bathtub and shower, and double glazing.

Contact First Mallorca for more information and to schedule a viewing.

Key features

20 features

Pool: Private pool
Views: Sea views
Location: Quiet location Close to all amenities Close to the sea Close to port Close to town Residential area
Outside: Terrace
Parking
Interior features: Utility room Lounge En suite Double glazing Lift Marble floors

Living in Palma de Mallorca

Approximate location

Please ask First Mallorca for more information about the location -

Airports

Palma de Mallorca Son Bonet airport, 5 km
Palma de Mallorca Saint Joan airport, 7 km
Ibiza airport, 134 km

International schools

Expats and climate

There are 1,249,844 total residents in Mallorca 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	22	1.6mm	12.5°C	4.6°C	20.1°C
Feb	20	0.9mm	13.1°C	5.4°C	20.4°C
Mar	19	2mm	14.4°C	5.4°C	23.9°C
Apr	17	2.4mm	15.8°C	7.2°C	27.3°C
May	17	0.9mm	18.7°C	11.2°C	27.7°C
Jun	19	1.3mm	22.3°C	14.2°C	32.6°C
Jul	30	0mm	25.9°C	18.2°C	36.6°C
Aug	23	0.7mm	26.9°C	20.3°C	36.8°C
Sep	13	1.8mm	22.5°C	14.6°C	31.6°C
Oct	13	1.7mm	20.8°C	13°C	30.5°C
Nov	17	2.5mm	17.1°C	9.9°C	24.2°C
Dec	20	0.6mm	11.9°C	3.5°C	20°C

Property market in Palma de Mallorca

	Apartments	67%
	Villas	14%
	Commercial properties	8%
	Town houses	6%
	Land	3%
	Other	2%

What it costs

Purchase costs

Property price

Transfer tax

ITP: 8%,€51,200

€51,200

Notary fees

0.2%-0.5% of the purchase price

€3,200

Land registry

0.1%-0.25% of the purchase price

€1,600

Lawyer fees

Typically 1%-2% of the purchase price

€12,800

This is based on market information for Palma De Mallorca. 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.: