Charming Townhouse with Renovation Potential in Llucmajor
€780,000€3,824/m²
Llucmajor, Llucmajor, Spain
3
bedrooms
1
bathroom
204 m²
interior
75 m²
plot
Townhouse
property type
2 weeks ago
listed
The Habio take
AI summaryThis charming townhouse in the heart of Llucmajor features 204 m² of internal space and offers excellent potential for renovation. Located in a vibrant area, it includes commercial premises on the ground floor, making it ideal for diverse uses.
- investment
- renovation
- city
Highlights
- Three levels plus basement
- Total built area of 204 m²
- Commercial premises on ground floor
- Located in vibrant Llucmajor
- Excellent renovation potential
Worth knowing
- Requires renovation
- May need planning permissions for commercial use
Good fit for: Ideal for buyers looking for a property with investment potential and a central location.
Lifestyle scores
- Beach
- 30
- Walkable
- 80
- Remote work
- 55
- Family
- 60
- Retirement
- 50
- Airport access
- 70
- Investment
- 75
- Luxury
- 40
- Value
- 65
About this place
Charming townhouse in the centre of Llucmajor, offering great potential for renovation. The property includes commercial premises on the ground floor and extends over three levels plus a basement, with a total built area of 204 m².
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
