House for sale in Es Coll d'en Rabassa

We present an excellent opportunity in one of the most sought-after residential areas of Palma de Mallorca, located just 250 metres from the coast. This is a ground-floor property with free ceiling height that combines location, spaciousness and a wide range of possibilities for private buyers and investors alike.

The property currently comprises three generously sized bedrooms, a living area, a separate dining room and a full bathroom. Outside, it offers a pleasant porch, a landscaped area and a large storage room, elements that add comfort and functionality to the whole.

Among its features we find a fitted kitchen, built-in wardrobes, alarm system, water supply, hot water via propane gas, a patio, a terrace and rooms with plenty of natural light.

Its main appeal lies in the versatility it offers. On one hand, it allows for a complete renovation project to create a home adapted to current needs. On the other, it represents an interesting alternative for those seeking a promising investment, as current regulations allow for the demolition of the existing building and the development of up to three residential units.

The location adds further value to the property. Nearby you will find schools, parks, children's play areas, supermarkets, medical centres, shops, sports facilities and a wide range of dining options. In addition, public transport connections provide easy access to both Palma city centre and other points of interest on the island.

A property with enormous potential for appreciation, ideal for those looking to develop a residential project in one of the most in-demand areas of the Mallorcan real estate market.
The sale price of the property is €690,000, which includes the real estate agency fees, to be paid by the seller. This price does not include the corresponding property transfer tax (ITP) or VAT, at a rate of 8%, nor notary and registration fees, estimated at approximately 2%, which must be paid upon signing the corresponding public deed. The tax percentage is calculated on the final price stated in the public deed and may vary depending on subsidies, grants, age and other circumstances of the taxpayer.