Townhouse with Commercial Space in Central Manacor
€375,000€6,818/m²
Portocolom, Portocolom, Spain
2
bedrooms
2
bathrooms
55 m²
interior
193 m²
plot
Townhouse
property type
2 weeks ago
listed
The Habio take
AI summaryThis three-storey townhouse features a spacious commercial ground floor, making it an excellent investment opportunity in the heart of Manacor. The property is well-positioned on a main street, providing excellent visibility for business ventures.
- investment
- city
Highlights
- Two bedrooms, two bathrooms
- Ample ground floor commercial space
- High ceilings in commercial area
- Highly visible location
Worth knowing
- Limited internal living space
- Commercial premises may require renovations
Good fit for: Ideal for entrepreneurs seeking a combined living and business space.
Lifestyle scores
- Beach
- 40
- Walkable
- 80
- Remote work
- 60
- Family
- 50
- Retirement
- 55
- Airport access
- 70
- Investment
- 75
- Luxury
- 50
- Value
- 80
About this place
Three-storey house with a commercial ground floor located on one of the main streets in the centre of Manacor. The ground floor features a large commercial space with very high ceilings, extensive display area, and it occupies almost the entire ground floor of the building, making it ideal for any type of business or as an investment.
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
