Luxury Townhouse for sale in Palma de Mallorca

Townhouse for sale in Palma de Mallorca — Built in 2019, this luxurious three-story residence combines urban Mediterranean style with a contemporary ambiance. Spanning 141 m², the townhouse features a bright living and dining area that opens directly onto a terrace with a private pool, a fully equipped luxury kitchen, two spacious bedrooms, two bathrooms, and a guest toilet. The layout ensures privacy while maintaining an open and light-filled connection to the outdoor areas, creating a sophisticated and comfortable living environment.

This Townhouse for sale in Palma de Mallorca enjoys an exceptional location in the sought-after Son Espanyolet district. Known for its quiet streets, charming low-rise houses, and modern renovations, the neighborhood blends local authenticity with contemporary living. Residents benefit from immediate access to Santa Catalina with its cafés, restaurants, bakeries, organic shops, and boutiques, as well as the Palma Sport & Tennis Club just a short walk away. Excellent transport connections, including nearby bus lines, the Estació Intermodal, and Palma Airport a short drive away, make this location both convenient and highly desirable.

The Townhouse for sale in Palma de Mallorca, built in 2019, offers a range of premium features including a private pool on the terrace, optional private parking, underfloor heating, climate control, high-quality finishes throughout, and thoughtfully designed interiors that enhance comfort and style. Its combination of refined design, modern construction, and prime location makes this property a rare opportunity to own a contemporary home in one of Palma’s most charming districts.

For this Townhouse for sale in Palma de Mallorca with a purchase price of 1,290,000 €, buyers should anticipate total ancillary costs of approximately 11–13% of the purchase price. The Property Transfer Tax (ITP) on the Balearic Islands is progressive and for this property amounts to 121,900 €, calculated as 400,000 € at 8% (32,000 €), 200,000 € at 9% (18,000 €), 400,000 € at 10% (40,000 €), and the remaining 290,000 € at 11% (31,900 €). Notary fees typically range from 0.2% to 0.5% of the purchase price, which for this property is approximately 3,870 €, and Land Registry (Registro de la Propiedad) fees are slightly lower at around 2,580 €. Buyers usually hire a gestoría to handle administrative procedures, tax filings, and registration, costing approximately 500 €. Independent legal representation is highly recommended and generally amounts to 1% of the purchase price plus VAT, totaling about 15,609 €. Overall, total purchase costs—including ITP, notary, registry, gestoría, and legal fees—are estimated at approximately 145,000 €, making the global investment for this property roughly 1,434,500 €.