Apartment with Terrace and Garage in the Old Town

Reference RH04392
Property Type Apartment
Postcode 07003
City Palma
Level 4
Living area 164 sqm
N° of rooms 5
N° of bedrooms 4
N° of bathrooms 2
Balcony/terrace area 12 sqm
Constructed area 176
Number of floors 1
Elevator Lift
Floor Tiles
Glazing Single glazed
Type of parking space Underground parking
Terraced Yes
Purchase price 780.000 €
Reference RH04392 Property Type Apartment
Postcode 07003 City Palma
Level 4 Living area 164 sqm
N° of rooms 5 N° of bedrooms 4
N° of bathrooms 2 Balcony/terrace area 12 sqm
Constructed area 176 Number of floors 1
Elevator Lift Floor Tiles
Glazing Single glazed Type of parking space Underground parking
Terraced Yes Purchase price 780.000 €
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Property description Located in the heart of Palma’s Old Town, this fourth-floor apartment sits in a building with lift access and comes with a private parking space in the underground garage.

The apartment retains its original layout and finishes throughout, including terrazzo flooring and dark wood door frames, and is in need of renovation.

The living and dining room is large and open, extending onto an adjoining south facing terrace that fills the space with light. The kitchen includes a walk-in pantry and opens onto a small utility terrace fitted with a washing machine and a sink.

The apartment offers four bedrooms, three with built-in wardrobes, and two bathrooms, one fitted with a bathtub and bidet. Three bedrooms face a quiet area, while the fourth looks onto an interior light well.

A large private space in the building's underground garage is included, along with lift access from the street.

The property is surrounded by cafés, restaurants, shops and everyday amenities, with the historic centre and its many attractions right on the doorstep. The seafront, harbour and other central areas of Palma are also within easy walking distance, making this a truly convenient location in the heart of the city.

This property is suited to buyers looking for a central Palma apartment with terrace, elevator and garage parking - a property with all desirable features to renovate to their own taste.

Get in touch with us for additional information and to schedule a property visit. We speak Spanish, German and English.

Main Features Include -

Fourth-floor apartment with lift access
Quiet street
Private underground garage space
In good condition but outdated.
In need of renovation
Terrazzo flooring throughout
Four bedrooms, three with built-in wardrobes
Two bathrooms
Walk-in pantry off the kitchen
Utility terrace with washing machine and sink
Large open living and dining room with adjoining terrace
Central location in the heart of Palma’s Old Town
Close to restaurants, cafés, shops and everyday amenities

Palma, the capital of the Balearic Islands, located in the bay of the same name, has a pleasant climate all year (17.9 ° C annual average). Known for its tourism and elegant shops, this city also has one of the largest historic quarters in Europe. The Cathedral, the Palace of the Almudaina, the Lonja square and the Plaza Mayor are some of the places that make this wonderful city so mystical. There is a wide array of museums and relevant art galleries and well as countless offerings for outdoor and indoor music concerts, theatre and performances all year around. A 3km sea side promenade lined with large palm trees framed by beautiful monuments, sea side restaurants and cafes make it live up to its nick name ‘Pearl of the Mediterranean’, ‘The Sunday Times’ named Palma de Mallorca the world’s best place to live. Palma is just 10 minutes to the international Airport.

 
Energy certificate
Type: available
Year of construction according to energy certificate: 1978
Class: G

If you are looking to purchase a property in Spain, you should consider financing to optimize your real estate investment!

Nowadays, it makes sense for everybody to mortgage when purchasing a property in Spain. There are many benefits, including tax deductions and maintaining liquidity, amongst others. Financing in Spain can be very different from financing in other countries, and the Lionsgate Capital team will be happy to explain the process to you in more detail, and how you can optimize your investment.

Lionsgate Capital is the leading mortgage broker in Spain, based in the Balearics. Our team of multilingual mortgage experts understands that every client is unique and will do everything possible to ensure you maximize your savings by always obtaining the best possible mortgae or financial solution to suit your specific preferences and circumstances.

Why contact Lionsgate Capital?

• We are one contact for all banks, both in Spain and in other jurisdictions
• Over 1000 satisfied clients with transactions between 1M€ and 30M€
• Interest-only mortgages available for HNW and UHNW individuals
• Our specialist team offers over 50 years of joint banking experience
• We obtain exclusive and preferential rates and conditions for all our clients
• We simplify the process saving you time, effort, and money!

Contact us for a free initial consulting!

Lionsgate Capital is fully registered in the Bank of Spain's register of real estate mortgage intermediaries with ID number D270. Lionsgate Capital is registered in data protection and all information is confidential. Our team offers independent and impartial advice.

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