Profitability from day one! Fantastic 40 m² studio for sale in the heart of Santa Catalina, one of the most sought-after, cosmopolitan areas with the highest appreciation potential in Palma de Mallorca.
The property is currently rented out to a reliable tenant, guaranteeing immediate income for the buyer, with no waiting times, renovation costs, or tenant searches.
Main Features:
Premium Location: Located in Santa Catalina, just a few minutes' walk from the market, the promenade, and the city center. An area with extremely high rental demand.
Independent Entrance: It is a first floor that features the great advantage of having private and direct access from the street, providing extra privacy and convenience (townhouse style).
Fully Equipped: The space is fully optimized, tastefully furnished, and with a perfectly equipped kitchen and bathroom. No additional investment required.
Outdoor Space: It features a cozy balcony, a highly valued extra for tenants in this type of property.
Investor Profile:
This product is ideal for:
Investors looking for immediate passive income.
Buyers who want to secure their capital in a safe-haven asset class such as real estate in the center of Palma.
Note for interested parties: As the property is currently rented, viewings will be coordinated respecting the rest and privacy of the current tenant.
For more information about the current yield, rental contract conditions, or to arrange a viewing, contact us. Opportunities in this area fly!
Legal Information and Financial Conditions:
The indicated sale price does not include the Property Transfer Tax (ITP), which will be approximately 8%, nor the notary and registry fees, estimated approximately at 2% of the sale value, which must be paid by the buying party upon signing the corresponding public deed. The amount of taxes is calculated on the final price appearing in the public deed and may vary depending on applicable regulations, as well as subsidies, grants, age, and other personal circumstances of the taxpayer.
The real estate agency fees will be fully assumed by the selling party, implying no cost whatsoever for the buying party.
Real Estate Agency Registered in the Registre Oficial de Agents Immobiliaris de les Illes Balears under REGISTRATION NUMBER: GOIBE747077/2024
