Resale · Apartment · Palma
€690,000
Resale: apartment with 2 bedrooms and 2 bathrooms, 100 m² built. The beach is 1.3 km away.
Cadastral reference
1221732YH5028S0029CX
Nota simple (land registry extract)
Checked on 8/20/2026
Total purchase costs
€68,903
9.99% of the price
| Item | Amount |
|---|---|
| Taxes | |
| Transfer tax (ITP) | €59,000 |
| Fees | |
| Notaryestimateincl. VAT | €1,011 |
| Land registryestimateincl. VAT | €392 |
| Lawyerestimateincl. VAT | €8,349 |
| NIE and bank accountestimate | €150 |
Rates effective from 1/1/2023 · Indicative calculation, not tax or legal advice. Rates are being verified by a Spanish gestor; reduced rates (e.g. for young buyers or main residences) are not applied.
Estimate your monthly payment with a Spanish mortgage. We introduce you to the right mortgage adviser.
Banks usually lend non-residents up to 60–70%: plan for at least 30% of your own money plus ±10–13% purchase costs.
Monthly payment
€2,624
per month, interest and repayment
Indicative calculation, not an offer. Banks assess income, age and property individually; rates change.
Estimated rental yield
2.79%
net per year (indicative)
Holiday letting needs a tourist licence; this home does not have one (yet).
Estimate based on area, type, location and pool, after management, cleaning, IBI, community fees and utilities. Not a guarantee.
Let us manage the rentalMany buyers let their home when they are not using it. Alongside is a cautious estimate of the yield from holiday letting. If you wish, we take care of the licence, the guests and the management.