Palma, Balearic Islands, Spain. - Hero Image
Palma
Palma | Balearic Islands

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Alessia Marinelli
Alessia Marinelli
Presented At
€890,000
Bedrooms
3
Bathrooms
2
Living
1,529
SQM
Stories 2
Office
Washer Dryer
Laundry Room
High Ceiling
Stone Countertops
Walk In Closet
Air Conditioning
Garage
Balcony
Parking
Terrace
Mountain View
Privacy
Renovated
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Palma, Balearic Islands, Spain. , Palma , Balearic Islands

Opportunity to buy remodelled detached house in SON RAPINYA

Renovated detached house in Son Rapinya
  • School District<br/><br/>Magnificent 142 m² (according to the Land Registry) home, completely renovated with high

Exterior

Property

Gallery

3D Street View Tour

Map showing Palma, Balearic Islands, Spain.

Property Location

Palma, Balearic Islands, Spain., Palma Balearic Islands

Local Weather & Climate

Palma, Balearic Islands

Current Conditions Updated recently
51 °F
Few clouds
Feels Like 50°F
Humidity 93%
Wind 2 mph
Visibility 6.2 mi
Sunrise 5:43 AM
Sunset 6:06 PM
5-Day Forecast
Thu 26 Mar
Clouds
High 51°
Low 48°
Fri 27 Mar
Rain
High 54°
Low 46°
Sat 28 Mar
Clouds
High 55°
Low 45°
Sun 29 Mar
Clouds
High 52°
Low 48°
Mon 30 Mar
Clouds
High 58°
Low 48°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Palma?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

€
%
€100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.

Market Opinion

Our perspective on current market conditions in Palma. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $89,000,000 20% down ($17,800,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$7,648
$7,648/day
Your home may appreciate while you sleep
$53,681/week $232,619/mo $2,791,429/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$49.0M
vs
OWN 📈 +$70.4M
$70.4M Potential Equity
vs $49.0M lost to rent over 10 years
$17.8M Down Payment Growth
4x
10yr
$70.4M
8.1x
20yr
$144.6M
12.6x
30yr
$224.8M
Wealth Comparison
×535
Equivalent to 535 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $224.8M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
13.9
years
Optimistic
5.12% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $104.8M +18%
Market $121.2M +36%
Optimistic $146.6M +65%
$70.4M est. equity
20 Years
Conservative $123.4M +39%
Market $165.1M +85%
Optimistic $241.6M +171%
$144.6M est. equity
30 Years
Conservative $145.4M +63%
Market $224.8M +153%
Optimistic $398.0M +347%
$224.8M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This house at Palma, Balearic Islands, Spain features 3 bedrooms with 1,529 square feet of living space.
This property offers 1,529 square feet of living space.
This property is listed at $89,000,000, which equals $58208 per square foot.
Based on current market indicators, Palma shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a house located in Palma, Balearic Islands. The property is situated in an established neighborhood with convenient access to local amenities and services.
Alessia Marinelli

Alessia Marinelli

COM PROPIEDAD 2006, SL

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COM PROPIEDAD 2006, SL

COM PROPIEDAD 2006, SL

COM PROPIEDAD 2006, SL

View Full Profile

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