Charming Ground-Level House in Quiet Son Espanyolet
€610,000€11,091/m²
Palma de Mallorca, Palma de Mallorca, Spain
2
bedrooms
1
bathroom
55 m²
interior
78 m²
plot
House
property type
2 weeks ago
listed
The Habio take
AI summaryThis two-bedroom house in Son Espanyolet features a pleasant outdoor terrace and offers significant potential for expansion. Located in a sought-after residential area, it provides easy access to Palma's vibrant centre and essential amenities.
- city
- quiet
- family
- investment
- renovation
Highlights
- Quaint local charm with architectural details
- Potential to double floor space
- Quiet residential area close to Palma and Santa Catalina
- Two bedrooms with flexible usage
- Outdoor terrace for relaxation
Worth knowing
- 55 m² internal area may be small for some buyers
- Only one bathroom may limit convenience for families
Good fit for: Ideal for a small family or couple seeking a tranquil urban lifestyle.
Lifestyle scores
- Beach
- 50
- Walkable
- 75
- Remote work
- 70
- Family
- 60
- Retirement
- 65
- Airport access
- 80
- Investment
- 75
- Luxury
- 50
- Value
- 70
About this place
We would all love this magnificent location, situated in the coveted neighbourhood of Son Espanyolet. This property represents an excellent opportunity to achieve a bright and comfortable Mallorcan lifestyle. If you also wish to take advantage of the property's full urban potential, bear in mind that we can double the current floor space by building on the upper floor. The current house, built in 1950 and in perfect condition, has two bedrooms, one of which has recently been converted into a dressing room, a bathroom with shower, a living-dining room open to the kitchen and a pleasant outdoor terrace. It also has mains gas and new double-glazed windows with aluminium shutters. Two hot/cold air conditioning units. Architectural details such as the plaster bookcase and the antique glassware display cabinet in the corner make this property truly charming. The surroundings are another of its great attractions: Son Espanyolet is an extremely quiet residential area, highly sought after for its proximity to the centre of Palma, the vibrant Santa Catalina neighbourhood and all essential services such as schools, supermarkets, public transport, health centres and green areas. Be sure to request a viewing with the property experts at First Mallorca.
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
- 1
Get an NIE
Apply for the foreign-resident tax number at a Spanish consulate, police station, or via a representative with power of attorney.
- 2
Open a Spanish bank account
Needed for the deposit, taxes, mortgage payments, and utilities.
- 3
Engage an independent lawyer
Lawyer runs title, debts, planning, and community-of-owners checks — the notario will not.
- 4
Reservation contract
Small deposit (€3,000–€10,000) takes the property off the market while due diligence runs.
- 5
Sign the contrato de arras
Private purchase contract with a 10% deposit. If the buyer pulls out they lose it; if the seller pulls out they pay double.
- 6
Sign the escritura pública
Final public deed signed before a notario; balance and taxes paid; keys handed over.
- 7
Register the property
Lawyer registers the deed at the Registro de la Propiedad and arranges utility and IBI transfers.
Spain ended its Golden Visa property route in April 2025. Non-resident mortgages are widely available, typically 60–70% LTV. Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax. Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
