Charming Two-Bed Apartment for Renovation in El Jonquet, Palma
€900,000
€12,000/m²
- 2
- Bedrooms
- 1
- Bathroom
- 75 m²
- Interior
- Apartment
- Type
- 29 Aug 2026
- Listed
The Habio take
This appealing two-bedroom apartment, set in the sought-after El Jonquet area, boasts stunning views over Palma Marina and the iconic windmills. Located in Palma, Mallorca, it offers a tranquil retreat while being close to the vibrant city life.
- city
- coastal
- investment
- renovation
- quiet
Highlights
- Front-line location with marina and windmill views
- Private interior patio and roof terrace
- Refurbishment project with potential for modernisation
- Close to Palma's shops, bars, and restaurants
- Quaint and tranquil atmosphere
- Approximately 75 m² living space plus patio
Worth knowing
- Requires refurbishment
- Limited bathroom facilities
Good fit for: Ideal for those looking to create their dream home in a historic and tranquil setting while being close to the city.
Lifestyle scores
- Beach
- 60
- Walkable
- 85
- Remote work
- 70
- Family
- 50
- Retirement
- 80
- Airport access
- 80
- Investment
- 75
- Luxury
- 65
- Value
- 70
About this place
This property is a unique opportunity for refurbishment in the picturesque front line location of El Jonquet, overlooking Palma Marina. It comprises two bedrooms, a lounge, a kitchen, and a spacious bathroom, providing around 75 square metres of internal living space. The apartment features a private interior patio and an additional roof terrace, further enhancing its charm with views across the bay.
Included is approximately 20 square metres of patio space, accompanied by a small out-house storage room and the original toilet facility. This tranquil setting is a short walk from the shops, bars, and restaurants, allowing you to enjoy the best of Palma's lifestyle while having a peaceful home to retreat to.
Where you’ll be
Palma, Mallorca, Spain
Exact location is confirmed by the agent on enquiry.
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
Spain ended its Golden Visa property route in April 2025.
Non-resident mortgages are widely available, typically 60–70% LTV.
Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.
Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
