Location
This charming duplex penthouse is located in the historic old town of Palma de Mallorca. Narrow, winding alleys, stylish boutiques, excellent restaurants as well as cultural highlights and supermarkets, as well as the market hall at the “Mercat D`Olivar” and the “Plaza España” characterize the surroundings. Sights such as La Seu Cathedral and the port are within easy walking distance. The old town combines authentic Mallorcan flair with urban lifestyle at the highest level.
Property description
The stylish duplex penthouse extends over the 3rd and 4th floor of a well-kept old town house (without elevator) and offers a living space of approx. 129 m² plus a spacious terrace of approx. 21 m².
The property impresses with a successful combination of historical charm and modern living comfort. High ceilings with exposed wooden beams give the rooms a special ambience. The open-plan living and dining area is flooded with light and offers direct access to the terrace – ideal for relaxing hours or sociable evenings.
The room layout currently comprises 2 to 3 bedrooms (one currently used as a dressing room) and 2 bathrooms and offers flexible usage options, for example as a home office or guest room.
Furnishings
– Living space approx. 129 m²
– Terrace approx. 21 m²
– 2-3 bedrooms
– 2 bathrooms
– fitted kitchen
– built-in cupboards
– utility area
– Parquet flooring
– Air conditioning (hot/cold)
– Double and triple glazed aluminum windows
– Intercom system
– High ceilings with exposed wooden beams
– Cellar room optional
– Underground parking space (included for 1 year, can be rented thereafter)
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. We reserve the right to make changes and prior sale. This exposé does not constitute a contractual offer.
Incidental purchase costs, taxes and fees
When purchasing an apartment in Mallorca, incidental 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. Example purchase price 595,000 € = ITP: 49,550 €
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.