2 Listings

Flat in Sale

Flat in Son Armadams

142,000 € Ref. D04-140826

PRODUCT EXCLUSIVELY FOR PROFESSIONAL INVESTORS.
Credit Assignment with Mortgage Guarantee in the Palma de Mallorca area.

Profitable asset through NPL (Non-Performing Loans) credit assignment.
The photographs may not correspond to the current state of the property (we do not have interior images).

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Do not miss this interesting investment opportunity in Palma de Mallorca.
Property located in the exclusive area of Santa Catalina.

Apartment in Santa Catalina, Palma de Mallorca - Your opportunity in the heart of the city!

Discover this apartment in the sought-after area of Santa Catalina, Palma de Mallorca. With 81 m² of usable space and a 15 m² terrace, this second-hand property to be renovated offers incredible potential to create your ideal home. Located on the 3rd floor. The property has 3 spacious bedrooms and 1 functional bathroom, perfect for families or investors looking for a property with character.

The location is simply privileged: situated just a few steps from the Paseo Marítimo and the historic center, you will find yourself in the epicenter of Palma life. Santa Catalina is a vibrant neighborhood where Mallorcan tradition coexists with a top-tier cosmopolitan atmosphere. Enjoy a lively market, trendy cafes, high-end restaurants, and a sophisticated nightlife. The proximity to the coast allows you easy access to maritime areas and to enjoy that Mediterranean lifestyle you have always desired.

This apartment, built in 1965, retains the charm of traditional Mallorcan architecture with authentic details. Its location on the 3rd floor guarantees excellent natural lighting and ventilation. Belongings include a garage, storage room, and parking space, essential elements in such a central area.

This is your opportunity to invest in a sought-after area, with full renovation potential and the best location in Palma. Do not miss this occasion!

This is an asset with potential for both residential use and investment, in a market characterized by constant demand for housing in consolidated areas.

There is no access to the property nor detailed information about its interior characteristics, state of conservation, or layout, so any interested party must carry out the appropriate checks and due diligence before formalizing the operation.
Credit Sale: The right to collect and the mortgage guarantee are transferred. The buyer is subrogated to the position of the current creditor.
No possession: The property cannot be visited. The acquisition of physical possession will depend on the completion of the judicial procedure.
Cash operation: It is not possible to finance this purchase through a conventional bank mortgage, unless the buyer provides other guarantees in case of requesting financing.
Advantages: Acquisition with a significant discount on market value. Ideal for investors specialized in the management of foreclosed assets (REOs) or debt recovery.
LEGAL NOTICE: The information provided is merely informative. It is recommended to carry out legal and procedural due diligence before formalizing the operation.
We have a wide portfolio of NPL, CDR, and REO properties throughout Spain.

  • 3 Rooms
  • 1 Bathroom
  • 110m²
House/Detached house in Sale

House/Detached house in L'Olivera - Amanecer

195,000 € Ref. D04-201125

Apartment for sale in a residential area of Palma
PRODUCT INDICATED ONLY FOR PROFESSIONAL INVESTORS.
Opportunity for Investors, housing is offered WITHOUT POSSESSION, from a mortgage foreclosure.
Investment not recommended for end customers. Investment characteristics:
The offered property cannot be visited.

We would like to provide you with more information; if you wish, you can send us an email with your details to provide you with the details. To do this, you must write to us indicating the following text:
"I AM A PROFESSIONAL INVESTOR AND I UNDERSTAND THE CONDITIONS".
The photographs may not correspond to the current state of the property. Interior visit impossible.

OPPORTUNITY.
Don't miss this magnificent investment opportunity in one of the quietest and best-connected residential areas of Palma.
The house is part of a modern two-story building, with updated Mallorcan aesthetics, windows with Mallorcan shutters and exterior balconies. The property has 106 m² built and 96 m² useful.

The environment offers quiet streets, low-rise houses, local shops, proximity to public transport and quick access to the Vía de Cintura, which allows you to reach the center of Palma, shopping areas and beaches in a few minutes. An ideal location for those seeking tranquility without moving away from the city.

According to Idealista's valuation, the average price of homes in this area amounts to €503,687, which underlines the asset's revaluation potential.

Very interesting property for investors looking for an asset with revaluation potential.

This type of acquisition requires a series of requirements detailed below:
1º.- Does not allow a mortgage on the property; banks do not finance these operations.
2º.- The property CANNOT BE SEEN INTERNALLY (we do not have photos of the interior).
3º.- Obtaining the keys will depend on the course of the procedure or the possible negotiation with the occupants.
4º.- If the client requests it, our professionals (lawyer and solicitor) may attend to the judicial procedure until the keys are obtained. The fees are not included in the price; consult us.
5º.- The law requires the successful bidder to update the community and IBI for the last 4 years in case there is debt (we do not know the debt).
6º.- Buyer's expenses: ITP and Registration.
7º.- If the client requests it, our professionals can assist you throughout the procedure. Fees not included.
8º.- The sale price is subject to final approval by the entity.

We have a wide portfolio of properties without possession throughout Spain.

  • 3 Rooms
  • 2 Bathrooms
  • 106m²