Modern bright Apartment for Sale in Portals Nous

If you are looking for an exceptional investment or a luxurious coastal retreat in Mallorca, this high-end property presents a rare opportunity. This beautiful Apartment for sale offers a generous living area of 92 m² and a total constructed area of 102 m² on the second floor of a well-maintained residential building with a lift. The layout features two spacious bedrooms and two modern bathrooms, making it perfect for couples or small families. While the residential complex does not feature a private garden or swimming pool, the home benefits from an enclosed 10 m² terrace that can easily be opened up to enjoy the fresh Mediterranean air, and a private parking space is included in the price. Climate control is seamless, with air conditioning installed throughout and efficient underfloor heating in the bedrooms and bathrooms ensuring year-round comfort.

The location of this property is truly unmatched, situated in the prestigious and highly sought-after southwest area of Portals Nous. This magnificent Flat for sale sits just a few minutes’ walk from the exclusive Puerto Portals marina, famous for its luxury yachts, high-end designer boutiques, and world-class fine dining restaurants. Residents can also walk to the stunning local beach within moments to enjoy the turquoise waters. Furthermore, the property is highly convenient for travel, located only about 10 kilometers (a 10-to-15-minute drive) from the vibrant historic capital of Palma and roughly a 20-minute drive from Palma de Mallorca Airport, offering the perfect balance of peaceful seaside living and cosmopolitan accessibility.

Stepping inside, the meticulous attention to detail and high-end finishes immediately catch the eye. This recently renovated Apartment for sale has been completely updated using only top-tier materials to offer a sleek, contemporary aesthetic. The heart of the home is a bright open-plan kitchen integrated with the living and dining area, fully equipped with premium Bosch appliances. The master bedroom serves as a true sanctuary, complete with a practical walk-in closet and a stylish en-suite bathroom. Technical highlights include built-in wardrobes for ample storage, brand-new double glazing, and modern underfloor heating installed in the bedrooms and bathrooms to complement the ducted air conditioning.

When planning your purchase, it is essential to factor in the transaction costs associated with acquiring property in the Balearic Islands. For this premium Flat for sale priced at 1,050,000 €, the progressive Property Transfer Tax (ITP) applies in four distinct brackets: the first 400,000 € is taxed at 8% (32,000 €), the next portion from 400,001 € to 600,000 € is taxed at 9% (18,000 €), the range from 600,001 € to 1,000,000 € is taxed at 10% (40,000 €), and the remaining 50,000 € above 1,000,000 € is taxed at 12% (6,000 €). This brings the total tax to exactly 96,000 €. In addition to this, you should budget approximately 4,000 € for notary fees, 2,000 € for gestor (administrative agent) services, and about 1,500 € for land registry fees, bringing the total estimated transaction costs to 103,500 €.