Spain
Renovation Project or Building Plot in Son Espanyolet
€890,000
- Land
- Type
- 15 Jun 2026
- Listed
The Habio take
This historic 1935 house in Son Espanyolet presents a unique renovation opportunity on a generous 382 m² plot. Located just a short walk from Santa Catalina, residents can enjoy easy access to Palma’s lively gastronomy and leisure scene.
- historic
- renovation
- city
Highlights
- Charming historic architecture
- Sought-after neighbourhood
- Close to Santa Catalina
- Large plot size of 382 m²
- Potential for full renovation or new build
Worth knowing
- May require significant investment for renovation
- Not move-in ready
- Development restrictions may apply
Good fit for: Ideal for buyers looking to create a personalised living space in a vibrant area.
Lifestyle scores
- Beach
- 80
- Walkable
- 85
- Remote work
- 70
- Family
- 60
- Retirement
- 65
- Airport access
- 70
- Investment
- 75
- Luxury
- 60
- Value
- 50
About this place
Charming historic house with great potential located in the sought-after neighborhood of Son Espanyolet, just a short walk from Santa Catalina, Palma’s vibrant hub for gastronomy and leisure. Built in 1935, the property retains original architectural features and sits on a plot of approximately 382, offering a rare opportunity either to fully renovate and preserve […]
Where you’ll be
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
