INVESTMENT OPPORTUNITY: Ready-to-Profit Studio in Santa Catalina, Palma

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Rustic House Mallorca 605 86 28 33  
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277.000 €
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Profitability from day one! Fantastic 40 m² studio for sale in the heart of Santa Catalina, one of the most sought-after, cosmopolitan areas with the highest appreciation potential in Palma de Mallorca.

The property is currently rented out to a reliable tenant, guaranteeing immediate income for the buyer, with no waiting times, renovation costs, or tenant searches.

Main Features:
Premium Location: Located in Santa Catalina, just a few minutes' walk from the market, the promenade, and the city center. An area with extremely high rental demand.

Independent Entrance: It is a first floor that features the great advantage of having private and direct access from the street, providing extra privacy and convenience (townhouse style).

Fully Equipped: The space is fully optimized, tastefully furnished, and with a perfectly equipped kitchen and bathroom. No additional investment required.

Outdoor Space: It features a cozy balcony, a highly valued extra for tenants in this type of property.

Investor Profile:
This product is ideal for:

Investors looking for immediate passive income.

Buyers who want to secure their capital in a safe-haven asset class such as real estate in the center of Palma.

Note for interested parties: As the property is currently rented, viewings will be coordinated respecting the rest and privacy of the current tenant.

For more information about the current yield, rental contract conditions, or to arrange a viewing, contact us. Opportunities in this area fly!

Legal Information and Financial Conditions:
The indicated sale price does not include the Property Transfer Tax (ITP), which will be approximately 8%, nor the notary and registry fees, estimated approximately at 2% of the sale value, which must be paid by the buying party upon signing the corresponding public deed. The amount of taxes is calculated on the final price appearing in the public deed and may vary depending on applicable regulations, as well as subsidies, grants, age, and other personal circumstances of the taxpayer.

The real estate agency fees will be fully assumed by the selling party, implying no cost whatsoever for the buying party.

Real Estate Agency Registered in the Registre Oficial de Agents Immobiliaris de les Illes Balears under REGISTRATION NUMBER: GOIBE747077/2024

Property Features

  • Reference 02504
  • Type of Operation For sale
  • Type of property Studio
  • Zone / City Santa Catalina / Palma de Mallorca
  • Net Internal Area 39 m2
  • Built Surface 40 m2
  • Condition Good condition
  • Bathrooms 1
  • Year built 1966
  • Floor 1
  • Orientation South
  • Exterior type External
  • Facade Pintado
  • Kitchen type American - Equipped
  • Interior Carpentry Wood
  • Exterior Carpentry Wood
  • Type of Floor Laminate
  • Views To the street
  • Tax 63€
  • Regime Libre
  •  Balcony
  •  Air Cond. Central
  •  Furniture
  •  Exterior
  •  Buses
  •  Playground
  •  Supermarkets

Energy Efficiency Rating

Energy Consumption
kWh/m2 Year		 Consumer Kg CO2/m2 Year
455.5
149.1

Situation

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