AtalayaAtalaya

Calle Ferrán Valenti

Palma de Mallorca, Illes Balears • Apartment • Ref: #87B1A508

€315,000-17% vs area market
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Size

74 m²

Price / m²

€4,257

Rooms

2

OccupancyVacant
64
Calle Ferrán Valenti — Palma de Mallorca
Photo: Solvia
1 / 15

AI visual analysis

Automated analysis · physical condition

15 of 15 photos analyzed

Physical condition

Needs work

Photo quality

Good

Model observations

  • •La cocina presenta muebles de madera y electrodomésticos que, aunque funcionales, se ven envejecidos y podrían necesitar una actualización.
  • •El salón y las habitaciones tienen suelos de parquet en buen estado, pero las paredes muestran algunas marcas y desconchones que requieren pintura.
  • •El baño, visible parcialmente, parece funcional pero con un diseño que sugiere antigüedad.
  • •La fachada del edificio se ve en buen estado general, sin daños aparentes.

descriptionDescription

Construido en 1966, este piso cuenta con una superficie de 74 m² aproximadamente y distribuye en salón-comedor con cocina abierta, amueblada con armarios altos y bajos y equipada con horno, vitrocerámica y campana extractora, 2 dormitorios, 1 baño amueblado y una terraza posterior. Muy bien comunicado en todos los aspectos, por carreteras a través de la Ma-1043, Ma-1044, Ma-20, Ma-1041, Ma-1110 y la Ma-11. Próximo a varias paradas de transporte público, con las líneas T1, T2, T3, M1 y M2 y a 17 minutos del aeropuerto de la ciudad. Además, y al ser una zona con todos los servicios, el Centro Comercial Sa Teulera, el Mercado gastronómico San Juan, supermercado, gimnasio, la Conselleria de Salut, restaurantes, colegios, la playa a 15 minutos, etc, esta vivienda se presenta en el mercado como una oportunidad residencial en una buena zona.

Characteristics

Bathrooms

1

Elevator

No

Year built

1966

Pool

No

Air conditioning

No

Heating

No

Garden

No

Energy rating

E

gavelLegal & cadastral analysis

expand_more

assignmentCadastral data

Cadastral ref.
9716508DD6891F0004GD
Cadastral area
70 m²
Year built
1966
Cadastral use
Residential

routeHow to buy this asset from the bank

expand_more
  1. 1Contact the servicer from the official listing (or from Atalaya) and ask for availability and a viewing.
  2. 2Visit the property and verify real condition, possession and access. Ask for the habitability certificate and the energy certificate.
  3. 3Request a nota simple from the Land Registry (~€10) and the community-debt certificate.
  4. 4Submit your offer in writing. Servicers take it to committee: expect days to weeks. Offering below asking is standard practice.
  5. 5Once accepted: deposit contract (require 'free of occupants and belongings'), financing and deed before a notary.

handshakeThis asset has been listed for 266 days. In bank stock, high age usually means real negotiation margin: offers 10-20% below asking get considered.

checklistMinimum due diligence before offering

  • check_box_outline_blankRegistry nota simple: ownership, charges, liens (registradores.org, ~€10).
  • check_box_outline_blankCommunity-debt certificate and approved special levies.
  • check_box_outline_blankIBI and waste tax: outstanding bills at the town hall.
  • check_box_outline_blankOn-site possession check: is it really vacant? Are water/power supplies active?
  • check_box_outline_blankHabitability certificate and licences (essential for mortgage and utilities).

warningDebts that transfer with the property

Community debt for the current year plus the previous 3 follows the property (art. 9.1.e LPH), as do unexpired IBI and approved levies. Always request the certificates before signing: it's the classic €3,000-10,000 surprise in bank purchases.

account_balanceFinancing

Many servicers finance their own stock at aggressive terms (high LTV) through the parent bank — ask on first contact. Note: a property without a functional kitchen or bathroom may not be mortgageable as-is, and the appraisal can come in below price on heavily distressed assets.

General informative content, not legal or investment advice. Verify every point with your advisor before committing.

Alpha Rating

BUY

64/100

Confidence: High

Score breakdown

Zone delta
13/30
Possession
20/20
Physical state
14/25
Legal liens
10/15
Zone liquidity
10/15

Vivienda de 74.00m² en Palma de Mallorca a 4257€/m² (mediana zona 5152€/m², delta -17.4%). Estado Mejorable. Posesión libre. Zona baja, 264 días en mercado.

trending_upStrengths

  • +El banco confirma posesión legal: vivienda libre para entregar

Case file

Operation pipeline

You are not pursuing this asset yet

Start a case when you want to turn an opportunity into a real operation: contact, visit, documents, due diligence and offer.

location_on

Location

Palma de Mallorca, Illes Balears

analyticsPrice analysis

Two anchors: real free-market (Idealista / MITMA) and the median of other bank-owned assets in the same area. The first tells you whether REO is worth entering at all; the second, which REO listing is the best deal.

publicvs free market

-17.4%Good price
Scope
Municipality
Zone median
€5,152 /m²
This asset
€4,257 /m²
Period
abril 2026
Source
Idealista

account_balancevs other bank assets

+12.6%Above anchor
Scope
Postal code
Zone median
€3,781 /m²
This asset
€4,257 /m²
Samples
60
Source
Atalaya (bank inventory)

Estimated acquisition costs

Asset price€315,000
Transfer tax (ITP) 8% — Illes Balears€25,200
Notary (est.)€600
Land Registry (est.)€400
Admin agency (est.)€1,103
Estimated total investment€342,303
Estimated refurbishment (state: mejorable)€29,500 – €52,000

Indicative estimate for a resale purchase at the general ITP rate. Auctions, new builds or reduced rates are taxed differently. The refurbishment figure is an indicative band based on the AI-detected condition. Verify with your advisor.

Price history

The price has dropped 1 time(s). This suggests a motivated seller profile with strong negotiation potential below the list price.
13 Jun 2026
€290,000arrow_forward€315,000-8.62%

Listing intel

SourceSolvia
On the market sinceDec 2025 (266 days)
On Atalaya since12 May 2026
Last updated31 Aug 2026

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Aggregated data from public sources and servicer Solvia. Atalaya is an informational analytics platform; we are not a real estate agent and do not intermediate in transactions. To act on an offer, contact the original source directly. View original listing