Location
This exceptional townhouse is located in the historic old town of Palma de Mallorca – one of the most exclusive and sought-after residential areas on the island. Characterized by impressive architecture, charming alleyways and a unique cultural offering, the area offers a perfect combination of tradition and modern lifestyle. In the immediate vicinity of new boutique hotels, high-quality restaurants, boutiques, galleries and sights such as the cathedral and the harbor, fantastic tapas bars but also Palma’s largest department store “Corte Ingles” is only a 5-minute walk away.
Property description
This impressive townhouse, originally built in 1920, was recently completely renovated to the highest standards of quality and design and today presents itself as a luxurious residence of the highest standard.
On a constructed area of approx. 490 m² and a living area of approx. 422 m², the property extends over several levels and offers spacious, light-flooded rooms. A total of 5 bedrooms and 4 elegant bathrooms are available, guaranteeing maximum living comfort.
The combination of traditional elements such as stylish wooden beamed ceilings and state-of-the-art technology creates a unique living ambience. High-quality materials, well thought-out room concepts and exclusive details make this townhouse a real rarity.
An absolute highlight is the spectacular roof terrace: a private swimming pool with jet stream and breathtaking panoramic views over the rooftops of Palma’s old town await you here – a perfect place for relaxation and convivial evenings.
Furnishings and fittings
– Living area approx. 422 m²
– Constr. area approx. 490 m²
– Built in 1920, recently renovated to a high standard
– 5 bedrooms
– 4 bathrooms
– Guest WC
– Exclusive roof terrace with swimming pool and jet stream
– Double garage
– Elevator (elevator)
– Underfloor heating
– Air conditioning (hot/cold)
– Double glazed windows
– Alarm system
– Wooden beamed ceilings
– Fitted wardrobes
– Utility room
– Storeroom
– Modern building services (Domotica system)
– Central decalcification system
– Osmosis system
Disclaimer
All details are based exclusively on information provided to us by our client. We assume no liability for the completeness, accuracy and timeliness of this information. Subject to changes, errors and prior sale. This exposé does not constitute a contractual offer.
Incidental purchase costs, taxes and fees (plot)
When purchasing a townhouse in Mallorca, additional purchase costs of around 10 % to 15 % are incurred in addition to the purchase price.
Taxes:
– Property transfer tax (ITP):
When buying from a private seller, property transfer tax is payable. In the Balearic Islands, this is progressively staggered and is currently around 8% to 11% of the purchase price. For a sales price of €4,500,000, for example, this tax amounts to €487,500.
Fees and other costs:
– Notary fees: approx. 0.1 % – 0.5 % of the purchase price
– Land register fees: approx. 0.1 % – 0.3 %
– Legal fees: usually around 1 % – 1.5 % of the purchase price (optional)
– Additional costs: possibly for due diligence, project inspection or transfer of building permits
In Spain, the estate agent’s commission is usually borne by the seller, unless otherwise agreed.