Spacious Townhouse with Renovation Potential in Pollença
€650,000€2,708/m²
Pollensa, Pollensa, Spain
5
bedrooms
2
bathrooms
240 m²
interior
111 m²
plot
Townhouse
property type
2 weeks ago
listed
The Habio take
AI summaryThis five-bedroom townhouse offers significant refurbishment potential in the charming town of Pollença, just a short walk from the historic centre. Embrace the opportunity to create a personalised home in one of Mallorca's most desirable locations.
- investment
- renovation
- historic
- family
- quiet
Highlights
- Five spacious bedrooms
- Two bathrooms
- Generous internal area of 240 m²
- 111 m² plot for outdoor potential
- Close to the historic centre
Worth knowing
- Requires renovation to reach full potential
- Limited outdoor space compared to detached villas
Good fit for: Ideal for those looking to invest in a character-filled home that can be tailored to personal taste.
Lifestyle scores
- Beach
- 40
- Walkable
- 80
- Remote work
- 60
- Family
- 70
- Retirement
- 65
- Airport access
- 70
- Investment
- 75
- Luxury
- 55
- Value
- 65
About this place
A unique opportunity presents itself to acquire a spacious detached house in the peaceful and picturesque town of Pollença, strategically located just a few minutes' walk from the emblematic historic centre. This property, imbued with character and offering considerable potential for refurbishment, represents an ideal investment for those wishing to personalise a home to their own taste in one of the most sought after areas of 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
