Palma, Mallorca, Spain — 3-Bed Townhouse With Pool
I'm interestedAbout This Property
In the heart of the beloved Balearic capital, this elegant three-bedroom, three-bathroom townhouse rises across three gracious floors and places its owners at the very centre of Palma's most desirable neighbourhood — Son Espanyolet, a charming enclave celebrated for its colourful facades, authentic village character, and proximity to the vibrant dining and nightlife of Santa Catalina.
Three spacious bedrooms and three beautifully appointed bathrooms are complemented by a fully equipped kitchen and a summer kitchen on the terrace — an invitation to prepare meals in the warm Mallorcan air and share them with friends and family gathered around. The private swimming pool and private garden are the heart of the outdoor experience, designed to extend life naturally between the interior and the extraordinary Mediterranean climate outside.
Features & Amenities
- Terrace
- Alarm system
- BBQ
- Outdoor kitchen
- Air conditioning
- Swimming pool
- Floor heating
- All essential equipment
- Fully furnished
- High speed internet
- Professionally decorated
- Storage for owners
- Work from home ready
- Home theater
- Pet friendly
How Co-Ownership Works
- You own 1/8 of the homeReal ownership of the home — not a timeshare, not points.
- 45 nights a year, minimumStays are scheduled fairly between the co-owners across the whole year.
- Costs are sharedYou pay 1/8th of the home's total running costs, shared between all owners.
- Fully managedMaintenance, cleaning and scheduling are handled for you — just arrive and enjoy.
- You set the resale priceThe share then goes on the open market.
- Transfer to your loved onesPass your share on to your children or loved ones, so your family can enjoy the home for generations.
What a night here really costs
Owning a piece of this home, renting something similar, or buying a whole home like it: the cost per night you'd stay, side by side.
Prefilled with this home: €255k for a 1/8 share of a €2M home.
Assumptions
Example figures: change them to your own. This home's real running costs are a button away below.
What each night really costs you over 10 years. Money paid in rent is gone. With a share you own a piece of the home, and when you sell, its value comes back to you.
Rent every year
€680
per night you stay
- Real cost over 10 years
- €306,000
- Money tied up
- None
- Back when you sell
- Nothing
- Nights a year
- 45
Co-own a 1/8 share
€397
per night you stay
- Real cost over 10 years
- €178,865
- Money tied up
- €275,400
- Back when you sell
- €242,250
- Nights a year
- about 45
Buy the whole home
€3,180
per night you stay
- Real cost over 10 years
- €1,430,917
- Money tied up
- €2,203,200
- Back when you sell
- €1,938,000
- Nights a year
- 45 of 365
At 45 nights a year, owning a share works out at €397 a night: €283 a night less than renting and €2,782 less than owning the whole home for the same stays.
Per night = what you pay in (price, taxes, running costs, and what the money could have earned) minus what you get back when you sell, divided by the nights you stay. It assumes the home is worth the same when you sell; a share can appreciate in value, so change that under Assumptions if you like.
What each night really costs you over 10 years. Money paid in rent is gone. With a share you own a piece of the home, and when you sell, its value comes back to you.
Want the real numbers for this home?
We'll send its yearly running costs with the full photos and floor plans.
Enquire About This Property
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