Property Abroad

Spain

Balearic Islands

Palma de Mallorca

Flat

Flat 38 м² in Palma de Mallorca, Spain

351 591 $

9 252 $ /м²

4OTIu

Flat 38m² in Spain, Palma de Mallorca. Priced at 295000€ rent photo- #1

Flat 38m² in Spain, Palma de Mallorca. Priced at 295000€ rent photo- #2

Flat 38m² in Spain, Palma de Mallorca. Priced at 295000€ rent photo- #3

Flat 38m² in Spain, Palma de Mallorca. Priced at 295000€ rent photo- #4

Flat 38m² in Spain, Palma de Mallorca. Priced at 295000€ rent photo- #5

Flat 38m² in Spain, Palma de Mallorca. Priced at 295000€ rent photo- #6

Flat 38m² in Spain, Palma de Mallorca. Priced at 295000€ rent photo- #7

Flat 38m² in Spain, Palma de Mallorca. Priced at 295000€ rent photo- #8

Flat 38m² in Spain, Palma de Mallorca. Priced at 295000€ rent photo- #9

Flat 38m² in Spain, Palma de Mallorca. Priced at 295000€ rent photo- #10

Area

38 м²

Bedrooms

Bathrooms

Beachfront studio apartment for sale in Palma de Mallorca, Balearic Islands, Spain

We present to you a delightful studio apartment located in the prestigious Calatrava neighborhood in Palma, Spain. This is the perfect place for those looking for a cozy urban living space, just steps away from the sea. The apartment has a total area of 38 square meters, making it ideal for those who prefer a compact living space. The apartment is a studio with a rather spacious living room, a comfortable dining room and kitchen with an island, as well as a cozy bedroom, providing a comfortable and functional life. The apartment is located on the third floor of a four-story building that has recently been renovated. However, the building does not have an elevator, which may be a slight disadvantage for some buyers.LayoutThe apartment also boasts a lovely balcony with partial sea views, where you can enjoy the Mediterranean sun and relax in the cozy atmosphere of the neighborhood. The balcony is the perfect place for a morning coffee or afternoon snack while enjoying the beautiful views of the surrounding area.LocationThe apartment is located in the heart of Palma's Old Town, making it ideal for lovers of the old architecture and rich history of the area. Residents will be able to enjoy the charm and beauty of the narrow streets, as well as experience the true spirit of Spanish culture and tradition.Overall, this charming studio apartment with partial sea views is a great find in one of Palma's most desirable neighborhoods. Link

Services and facilities

Air conditioner

Street window

Internet

Furniture

Household appliances

Balcony or terrace

Additional details

Property type

Residential Properties

Number of rooms

Publication

From the Agency

Floor

Object type

Flat

Price

351 591 $

Condition

Furnished

Location

By the Sea

Characteristics

Air conditioner

Street window

Internet

Furniture

Household appliances

Balcony or terrace

Distance to key points, m

To sea 50

To shops 50

To stop 100

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 (351 591 $) 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).