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House 470 м² in Palma de Mallorca, Spain

1 343 655 $

2 858 $ /м²

4OUWt
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Area

470 м2

Bedrooms

4

Bathrooms

2

VILLA IN RUSTIC FINCA IN EL COLL D'EN RABASSA

BEAUTIFUL, UNIQUE AND EXCLUSIVE Villa in Col den Rabassa, on a 7,339m2 farm~~We find this villa with attics of unique and unusual construction and design, just 800m from Ciudad Jardín, in a quiet and secluded location. .~~The plot is fully fenced.~Our chalet, entered through the main barrier and led by a path of manicured palm trees, rises to the second floor. ~The first floor is used as a veranda for family meals and dinners.Special highlights.~There is also a laundry room on the veranda with a western style door.~Rising to the second floor, we find the front door leading to a hallway that divides us between the living room/kitchen and the rooms.~The living room, large, spacious and bright, with a decorative fireplace and access to the terrace leading to the kitchen and to the front door. The kitchen is certainly a great space for a large family. There is also a large pantry. ~~ In the rooms area we come to the distributor which has 4 bedrooms, 2 bathrooms and a staircase leading to our most prized room, the attic. Great space to play, study and entertain ~~Outside we find a large garden with palm trees and palm hearts that lead to the pool ~~The irrigation water comes from a well used by the next door neighbors, of which only the light for the water intake is paid for.~~The propane tank is newly refilled~~This home, although it needs customization, is a great buy for those who want both city and country at the same time. ~~Privileged and very quiet neighborhood.~~Luz de Gesa. ID card has been renewed until 2033~~~

Services and facilities

Pool

Additional details

Property type

All Types

Object type

House

Price

1 343 655 $

Characteristics

Pool

FAQ

In Spain a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Palma de Mallorca; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Spain finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Spain takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Palma de Mallorca short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (1 343 655 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Palma de Mallorca: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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