Property for Sale in El Jonquet Palma - Outstanding Front Line Location
€900,000€12,000/m²
2
bedrooms
1
bathroom
75 m²
interior
Apartment
property type
1 week ago
listed
About this place
Sought after location! This locations is truly magical, with only a few properties located on the front line of El Jonquet, overlooking Palma Marina and the windmills. A refurbishment project of a terraced property/apartment with a private interior patio plus a roof terrace with views over the bay. The property consists of two bedrooms, a lounge, kitchen and spacious bathroom, offering approximately 75 M2 of living space, plus approximately 20 M2 of patio, with a small out house storage room and the original toilet facility. A wonderful opportunity to create a modern space out of a piece of history, a tranquil location far removed from the hustle and bustle of the city, yet on the doorstep of the everything wonderful Palma has to offer. Walking distance to shopping, bars, restaurants, and main travel routes in all directions. Must be viewed!
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.
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
