Palma de Majorca, Mallorca, Balearic Islands, Spain
- PROPERTY TYPE
Flat
- BEDROOMS
3
- BATHROOMS
2
- SIZE
1,733 sq ft
161 sq m
Description
calendly.com/inversores-kalma
Are you looking for a unique investment opportunity in Palma de Mallorca?
Kalma exclusively presents this property under the BARE OWNERSHIP model, an ideal solution for investors seeking long-term returns in one of the most sought-after areas of the island.
Property information:
-Location: Av. Joan Miró, Palma de Mallorca.
-Size: 152 m².
-Condition: The property is in good condition.
-Year built: 1989.
-Other standout features: Spacious layout, large terrace, incredible open views, two elevators (one with direct access to the parking area), and excellent natural light throughout.
About the area:
-Located on Av. Joan Miró, one of Palma's most prestigious and well-connected avenues, this area links the city center with Porto Pi and Cala Major, making it highly desirable for both residential living and long-term investment.
-Transport: Excellent public transport connections with several bus lines nearby and quick access to the Ma-1 motorway, providing fast connections to the airport and the rest of the island.
-Nearby services: Close to Porto Pi Shopping Center, supermarkets, pharmacies, medical centers, schools, and all essential services for comfortable day-to-day living.
-Leisure and recreation: Just minutes from the Paseo Marítimo, the seafront promenade, beaches such as Cala Major, yacht clubs, restaurants, cafés, and green areas-perfect for enjoying the Mediterranean lifestyle.
An investment with social impact
With this investment, the current owners-an 84-year-old man and a 79-year-old woman-will retain lifetime usufruct of the property, ensuring their peace of mind and well-being.
At the end of the usufruct, the buyer obtains full ownership of the property, an asset with high appreciation potential in one of Palma's most consolidated and high-demand areas.
Financial terms:
-Price: 900,910 euros
Associated costs:
Paid by the owner:
-Property tax (IBI).
-Extraordinary community fees (if applicable).
-Building insurance.
Paid by the usufructuary:
-Ordinary community fees.
-Municipal waste collection tax.
-Utilities.
-Contents insurance.
Don't miss this opportunity! Contact Kalma today and our team will provide further details and personalized advice.
Kalma, the best selection of BARE OWNERSHIP properties and other real estate investment opportunities within your reach.
Palma de Majorca, Mallorca, Balearic Islands, Spain
NEAREST AIRPORTS
Distances are straight line measurements- Palma de Mallorca(International)5.1 miles
- Ibiza/San José(International)83.7 miles
- Menorca(International)86.4 miles
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Notes
This is a property advertisement provided and maintained by Kalma, Barcelona (reference 109994716) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.