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375 000 €

Flat in Palma de Mallorca, Spain, 60 sq.m
  • Flat in Palma de Mallorca, Spain, 60 sq.m - picture 1
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  • Flat in Palma de Mallorca, Spain, 60 sq.m - picture 1
  • Flat in Palma de Mallorca, Spain, 60 sq.m - picture 2
  • Flat in Palma de Mallorca, Spain, 60 sq.m - picture 3
  • Flat in Palma de Mallorca, Spain, 60 sq.m - picture 4
  • Flat in Palma de Mallorca, Spain, 60 sq.m - picture 5
  • Flat in Palma de Mallorca, Spain, 60 sq.m - picture 6
  • Property ID on Prian.info: 3904375
    Property ID on company's website: page/catalog/spain/bcmwxqnd-ispaniya-kvartira-v-palma-de-majorka
    Last update: 15.05.2024
    Number of views: 79

375 000 €

Flat in Palma de Mallorca, Spain, 60 sq.m

60 sq.m 2 1 1

  • On the map
  • Property ID on Prian.info: 3904375
    Property ID on company's website: page/catalog/spain/bcmwxqnd-ispaniya-kvartira-v-palma-de-majorka
    Last update: 15.05.2024
    Number of views: 79

Specifications

Sale price 375 000 €
Price per square meter 6 250 €
Floor area 60 sq.m
Total number of rooms 2
Number of bedrooms 1
Number of bathrooms 1

Description

An attractive object for renovation! The Old Town. The center is at a very attractive price

Apartment in the old town for renovation on the Mayor Square, in the center of Palma de Mallorca at a very attractive price

This is a unique offer at a very attractive price! The best investment offer The apartment is located in a historic building, just one minute walk from Plaza Mayor square. The approximate area of the apartment is 60 square meters

High ceilings!

One living room with huge floor-to-ceiling windows, kitchen, one bedroom, bathroom

The best cafes, restaurants and gifts are located just a 2-3 minute walk from the house

Beach clubs and sandy beaches are also within walking distance from the apartment

It takes only 10 - 15 minutes by car to get to the airport

The burning cost of the apartment is 375.000EURO

This offer will be especially interesting to the investor.

Since with additional investments in renovation work, the apartment can be profitably resold and make money on the deal

Depending on the quality of the renovation, the apartment may cost from 500 to 600 thousand euros

This is due to the fact that there is always a very high demand for the old city, and there are very few offers


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Cost of accomodation in Palma de Mallorca

Cost of accomodation in Palma de Mallorca
Restaurants
Cappuccino (regular) 2.53 €
Coke/Pepsi (0.33 liter bottle) 2.57 €
Domestic Beer (0.5 liter draught) 3.00 €
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 €
Meal for 2 People, Mid-range Restaurant, Three-course 50.00 €
Meal, Inexpensive Restaurant 14.00 €
Water (0.33 liter bottle) 2.09 €
Imported Beer (0.33 liter bottle) 3.50 €
Markets
Apples (1kg) 1.82 €
Banana (1kg) 2.12 €
Beef Round (1kg) (or Equivalent Back Leg Red Meat) 12.04 €
Bottle of Wine (Mid-Range) 7.00 €
Chicken Fillets (1kg) 6.72 €
Domestic Beer (0.5 liter bottle) 0.92 €
Eggs (regular) (12) 2.40 €
Lettuce (1 head) 1.04 €
Loaf of Fresh White Bread (500g) 1.16 €
Local Cheese (1kg) 13.09 €
Milk (regular), (1 liter) 0.97 €
Onion (1kg) 1.44 €
Oranges (1kg) 1.58 €
Cigarettes 20 Pack (Marlboro) 5.50 €
Potato (1kg) 1.27 €
Rice (white), (1kg) 1.77 €
Tomato (1kg) 2.34 €
Water (1.5 liter bottle) 0.65 €
Imported Beer (0.33 liter bottle) 1.53 €
Transportation
Gasoline (1 liter) 1.73 €
Monthly Pass (Regular Price) 37.00 €
One-way Ticket (Local Transport) 2.00 €
Taxi 1hour Waiting (Normal Tariff) 21.40 €
Taxi Start (Normal Tariff) 4.20 €
Taxi 1km (Normal Tariff) 2.50 €
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 23 250.00 €
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 23 000.00 €
Rent Per Month
Apartment (1 bedroom) in City Centre 887.50 €
Apartment (1 bedroom) Outside of Centre 734.62 €
Apartment (3 bedrooms) in City Centre 1 492.31 €
Apartment (3 bedrooms) Outside of Centre 1 203.85 €
Utilities (Monthly)
Mobile Phone Monthly Plan with Calls and 10GB+ Data 20.00 €
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment 191.82 €
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 38.10 €
Sports And Leisure
Cinema, International Release, 1 Seat 8.50 €
Fitness Club, Monthly Fee for 1 Adult 54.00 €
Tennis Court Rent (1 Hour on Weekend) 16.60 €
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar) 79.00 €
1 Pair of Men Leather Business Shoes 103.13 €
1 Pair of Nike Running Shoes (Mid-Range) 73.43 €
1 Summer Dress in a Chain Store (Zara, H&M, ...) 43.33 €
Childcare
International Primary School, Yearly for 1 Child 12 150.00 €
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 441.67 €
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre 4 100.00 €
Price per Square Meter to Buy Apartment Outside of Centre 2 650.00 €
Salaries And Financing
Average Monthly Net Salary (After Tax) 1 531.25 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.33 %

Data on the cost of living is provided by the service Numbeo.com. Prian.info can not in any way guarantee the authenticity and correctness of the data.

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