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Ref: ADE6372K
Property marketed by España Dream Properties

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Spacious and bright apartment for sale in the sought-after area of Camp Redó in Palma de Mallorca, known for its proximity to the city centre and excellent transport connections.. Located on the first floor of a well-maintained building constructed in 1990, the property includes a lift and is in excellent condition. It features aluminium exterior carpentry, wooden interior carpentry, air conditioning, and individual natural gas heating in all rooms, ensuring comfort throughout the year. The apartment is filled with natural light thanks to a large balcony accessible from the living room and two of the bedrooms, creating warm and welcoming spaces.. The kitchen is fully equipped and in great condition, with direct access to a functional utility room. The layout includes one double bedroom with an en-suite bathroom, two single bedrooms, and a second fully renovated bathroom with a shower. The price includes a garage space for two vehicles and a storage room, adding significant value to the property.. This home offers all the comforts a family could need, both in terms of layout and location. It is an excellent opportunity for those looking for a move-in-ready home in a quiet, well-connected area with all amenities nearby. The centre of Palma, the motorway, and key spots such as the Ocimax shopping centre are just minutes away. Nearby, you’ll find schools, medical centres, parks, supermarkets, leisure areas, a cinema, and bus stops—everything needed for everyday living. Furniture is not included in the sale price.. There is also the option to purchase the apartment without the storage room and parking space, for €447,000.. Important: Purchase taxes, notary fees, and land registry costs are not included in the price. As a construction company, we are also happy to advise you on renovations, extensions, or any kind of project you may have in mind.
Property Features
- 3 bedrooms
- 2 bathrooms
- 109m² Build size
- 3,369m² Plot size
- Balcon
- Telephone
- Elevator
- Wardrobes cupboard
- Storeroom
- Appliances
- Heating
- Air-Conditioning
- water
- Parking
- washing room
- Light
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
46,900€
Final Payment of 90% on completion
449,100€
Property Purchase Expenses
Property price
499,000€
Transfer tax 10%
49,900€
Notary fees (approx)
600€
Land registry fees (approx)
600€
Legal fees (approx)
1,500€
* Transfer tax is based on the sale value or the cadastral value whichever is the highest.
** The information above is displayed as a guide only.
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Spanish Property News & Updates by Spain Property Portal.com
In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.