MallorcaData

Investment Opportunity!

apartment for sale in Palma de Mallorca, Palma, advertised by Fotocasa. Data as of 2026-09-28.

Asking price€349,920
Typeapartment
Bedrooms4
Bathrooms3
Built size157 m²
LocationPalma de Mallorca, Palma
Listedfor sale

Features: Terrace

From the listing

INVESTMENT OPPORTUNITY! The bare ownership of this fantastic apartment on Calle Manacor, Palma (Balearic Islands) is for sale. The current owner, a 75-year-old gentleman, will retain the right to use and enjoy the property for life. The property has a market value of €500,000 and a 30% discount is applied to that value. What does this imply? PAYMENT PLAN: INITIAL PAYMENT of €150,000 and monthly payment of €1,666 for 10 years. FORMALIZATION EXPENSES: Paid in full by the buyer. The expenses generated in the sale (Transfer Tax, notary and registration). Except for the Municipal Capital Gains Tax, which will be paid by the seller. MAINTENANCE EXPENSES: Once the transaction is formalized before a…

View the original listing at Fotocasa →

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