Properties for sale and rent in Spain photo 1
50 photos
Properties for sale and rent in Spain photo 2
Properties for sale and rent in Spain photo 3
Properties for sale and rent in Spain photo 4
Properties for sale and rent in Spain photo 5

Properties for sale and rent in Spain

860 000 €

2 848 € / m²

Balearic Islands, Palma de Mallorca

Ref: 666267

Similar
3Bedrooms
3Bathrooms
302 m²built square meters
295 m²Land area
Located in a lively suburban area of El Vivero, Palma - Mallorca, where there is plenty of active new construction, this versatile property sits proudly on a bustling high street surrounded by a wealth of local amenities — from popular restaurants, cafés, and bars to supermarkets, shops, and a health centre. With excellent foot traffic and easy access to both central Palma and the airport, this is an ideal spot for business and residential living alike. This full building offers exceptional flexibility and potential. On the ground floor, you’ll find two commercial units, perfect for retail, offices, or hospitality ventures, ensuring consistent visibility and a strong business presence in this vibrant neighbourhood. Upstairs, a spacious three-bedroom, two-bathroom apartment welcomes you with a generous entrance hall leading into a bright and airy living space. The home features a large living room, dining area, and a family-sized kitchen complete with pantry — ideal for comfortable everyday living. Each of the three double bedrooms offers ample space and natural light, while the two full bathrooms provide convenience for family or guests. The apartment also benefits from gas hot water and multiple terraces, perfect for relaxing or entertaining outdoors. One of the standout features of this property is the expansive roof solarium, offering fantastic potential for further development — including the possibility to expand the property with an additional level (subject to local planning regulations). Whether you’re looking for a smart investment or the perfect opportunity to live above your own business in one of Palma’s most dynamic districts, this property combines location, versatility, and potential in one unbeatable package. Disclaimer: The information provided for this property has been supplied by the owner and is intended as a general guide only. While every effort has been made to ensure accuracy, we cannot accept responsibility for any errors, omissions, or inaccuracies. Interested parties are advised to make their own inquiries verified by a qualified lawyer independently.
This information has been obtained from public sources and may not be up to date. It does not represent a link with the developer.

Property data

  • Bedrooms3
  • Bathrooms3
  • built square meters302 m²
  • Property typeSecond hand

Surfaces

  • Land area295 m²

Base

    Top new builds in Spain

    Facilities

    Housing Amenities

    • Balcony

    Mortgage calculator

    Property price
    Down payment
    30,00%
    Term in years
    Interest rate type
    Interest rate
    Purchase taxes and fees
    9,00%
    Calculate:,,,,,,,
    Monthly mortgage payment2 864 €
    Amount financed by bank602 000 €
    Taxes and expenses77 400 €
    Final property cost including expenses937 400 €
    Property cost after mortgage payoff (with interest)
    1 289 176 €
    incl. interest: 351 776 €

    Profitability calculator

    Property price
    Renovation cost
    100 000 €
    Purchase taxes and fees
    9,00%
    Calculate:,,,,,,,
    Additional expenses
    100 000 €
    (fees, legal procedures, registration, other expenses)
    Expected monthly rent
    10 000 €
    Exit property price

    Expenses (annual estimates)

    Property tax
    Community fees
    Insurance
    Other expenses

    Address

    Balearic Islands, Palma de Mallorca

    Going to this location!
    Loading...