Reference234779
Price1,955,000 EUR
Bedrooms3
Bathrooms3
Floor Space226.0m2
Land Area

Refurbished 3 bedroom Apartment for sale in Palma, Mallorca

1,955,000 EUR
1,681,300 GBP2,091,850 USD
Luxurious 3 bedroom apartment, plus the added advantage of having a garage, ideally situated within a highly sought after area in Palma Old Town (Casco Antiguo), right in the heart of the historic centre of the island's capital.

Beautifully refurbished by a renowned architect, this superb property offers a very traditional aesthetic whilst being fitted with the most modern equipment and elements.

With a total spacious living area of 226.17m2, features include: entrance hall, spacious living room with a fireplace, dining room, fitted and equipped kitchen, 3 bedrooms, 3 full bathrooms, dressing room and a guest WC.

Most rooms have built-in wardrobes and cabinets.
Luxurious 3 bedroom apartment, plus the added advantage of having a garage, ideally situated within a highly sought after area in Palma Old Town (Casco Antiguo), right in the heart of the historic centre of the island's capital.

Beautifully refurbished by a renowned architect, this superb property offers a very traditional aesthetic whilst being fitted with the most modern equipment and elements.

With a total spacious living area of 226.17m2, features include: entrance hall, spacious living room with a fireplace, dining room, fitted and equipped kitchen, 3 bedrooms, 3 full bathrooms, dressing room and a guest WC.

Most rooms have built-in wardrobes and cabinets.

This apartment is sold with a 33.9m2 underground parking space.

Additional features: natural and high quality materials throughout such as Iroko wood, Santanyi and Binissalem stone flooring, Pino Norte and Iroko wooden doors, ceilings with exposed wooden beams, natural limestone tiling, double glazed windows, reversible air conditioning and a central heating heat pump.

The community enjoys a 54.46m2 patio area and is quipped with a panoramic lift.

This complex enjoys the best Palma location, right in the heart of Palma's historic centre. Numerous touristic sightings, shopping malls and Palma town hall are all within walking distance. The Palma promenade along the sea is also just a few steps away.
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Rebecca

Rebecca Ludlow

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Features

Fees Paid By Seller
It does not cost you anything to purchase this property through us
Air Conditioning
Existing in one or more rooms
Fireplace
Has open fireplace or woodburner
Elevator
Serviced by Lift / Elevator
Parking
Has vehicle parking
Garage
Has covered vehicle parking
Good Condition

Location

Where is this property?

This Apartment is located in Palma in Balearic Islands

For security, the map shows the nearest town or village. Please get in touch for full details.

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Airports near Palma

Palma de Mallorca7km
Ibiza135km
Menorca139km

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Buying a Property in the Balearic Islands

1. Putting down a Holding Deposit

On finding a property you wish to purchase you will need to negotiate the terms, price and conditions of the sale with the owner. This part of the process is not binding. We would recommend using an independent English speaking legal advisor. Once a purchase price has been agreed, normally a holding or reserve deposit will be required to ensure the property is removed from the market. The sum required will vary between properties and will be based on the purchase price. A time limit for the preagreement to be signed will be arranged and there will also be legal checks to be made.

2. Setting up a Pre-agreement (Contrato privado de compraventa)

The pre-agreement will set out the conditions under which the Buyer and Seller agree to complete the purchase of the property and the price they have agreed upon. Relevant details will generally be included for example the property details, purchase price and the date for completion. A deposit will be required at this point, this will vary, but will generally be 10% of the agreed price. This agreement will include a penal clause if the sale does not go through. If the seller pulls out of the sale your compensation will be double the deposit you have paid, but if you decide not to go through with the sale then your deposit will be lost. Certain checks will need to be made before signing the contract, checks should be made against the title of the property, mortgage status and if the property has any debts held against it. The planning status should also be looked into. These conditions can be varied by the seller and the buyer and other types of agreement can be made.

3. The Contract (Escritura de compraventa)

Before a non-Spanish purchaser can buy a Spanish property they will need to have set up a Spanish bank account and obtained a Spanish tax number (NIE). The completion will take place in the presence of a Notary Public. This is a Spanish public official, by law the deed of sale must be witnessed by a Notary Public. You will also need your own independent, expert legal advisor to act on your behalf. On Completion the buyer must pay the balance, that is the price agreed after the deposit has been deducted, plus any other fees on the completion date. Both buyer and seller must sign the Escritura de compraventa contract, (this is the Spanish equivalent of the title deeds). The title deeds (escritura) will be given to the buyer, this will be done in the presence of a Notary Public, they will certify that the transfer has taken place. The tax office will be sent a copy and the property registry will be informed of the transfer.