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Ref: ML017
Property marketed by GLOBAL SPAIN Real Estate
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Are you looking for a real bargain and on top of it a house with a lot of potential and charme in one of the most wanted areas of whole Mallorca? Check out this town house!
Located in one of the most sought-after areas of the village of Andratx, this house is ideal both as a family home and for buyers looking for a property with strong potential for improvement and value appreciation.
The property is in good condition and retains the charm of traditional Mallorcan architecture, while also offering multiple possibilities for modernization and personalisation.
It features four spacious bedrooms, one of them with an en-suite bathroom, a kitchen with integrated dining area, and a generous entrance hall that immediately conveys a sense of space and warmth.
Outside, the property offers two clearly differentiated terraces:
– An upper terrace with pleasant mountain views, perfect for enjoying peace, privacy and sunsets.
– A ground-floor terrace surrounded by greenery, with a barbecue area, ideal for outdoor gatherings in a private and tranquil setting.
As an added value, the property offers the possibility of on-site parking within the house itself, a highly appreciated feature in this part of the village.
On the second floor there is an unfinished loft space, a versatile area that can be converted into a studio, home office or leisure room, or even extended to create up to three additional bedrooms and a bathroom, significantly increasing the property’s value.
A characterful home in a desirable location, within walking distance of all amenities, perfect for buyers seeking a property with charm and genuine potential for future growth.
Located in one of the most sought-after areas of the village of Andratx, this house is ideal both as a family home and for buyers looking for a property with strong potential for improvement and value appreciation.
The property is in good condition and retains the charm of traditional Mallorcan architecture, while also offering multiple possibilities for modernization and personalisation.
It features four spacious bedrooms, one of them with an en-suite bathroom, a kitchen with integrated dining area, and a generous entrance hall that immediately conveys a sense of space and warmth.
Outside, the property offers two clearly differentiated terraces:
– An upper terrace with pleasant mountain views, perfect for enjoying peace, privacy and sunsets.
– A ground-floor terrace surrounded by greenery, with a barbecue area, ideal for outdoor gatherings in a private and tranquil setting.
As an added value, the property offers the possibility of on-site parking within the house itself, a highly appreciated feature in this part of the village.
On the second floor there is an unfinished loft space, a versatile area that can be converted into a studio, home office or leisure room, or even extended to create up to three additional bedrooms and a bathroom, significantly increasing the property’s value.
A characterful home in a desirable location, within walking distance of all amenities, perfect for buyers seeking a property with charm and genuine potential for future growth.
Property Features
- 4 bedrooms
- 1 bathroom
- 198m² Build size
- 169m² Plot size
- Garden
- Storage Room
- BBQ
- Heating
- Terrace
- Electricity
- White goods
- Indoor lighting
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
43,000€
Final Payment of 90% on completion
414,000€
Property Purchase Expenses
Property price
460,000€
Transfer tax 10%
46,000€
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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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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