Carrer de la Fotja

Playa de Palma | Palma

The Soul of

Raw Beauty

View Photos Watch Film 360° VTour Open House

Dennis Schwind

Presented At

€750,000

Bedrooms

Bathrooms

Living

1,346

SQM

Stories 2

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Carrer de la Fotja

Playa de Palma | Palma

Carrer de la Fotja, Playa de Palma, Palma, Balearic Islands. , Playa de Palma , Palma

PLAYA DE PALMA: DUPLEX WITH POOL AND GARDEN NEAR THE BEACH

Property Description

Located in a quiet residential area just a short walk from the sandy beach of Playa de Palma, this charming duplex house offers a private garden, swimming pool, and a relaxed Mediterranean lifestyle.
Built in 2005, the property has a constructed area of 125.4 m² on a 196 m² plot, and forms part of a small community of only six homes, ensuring privacy and tranquility.

The outdoor area includes a private 24 m² swimming pool, terrace, and garden – ideal for relaxing or dining al fresco. The pool is currently in need of renovation, offering the new owner the opportunity to refurbish or redesign it to personal taste.
The ground floor features a bright living and dining area with direct access to the garden, a separate kitchen, and a guest toilet. Upstairs there are three bedrooms and two bathrooms, including a master suite with en-suite bathroom and a balcony.

Additional features include central heating via city gas, air conditioning, tile and parquet floors, and a storage room.
A private outdoor parking space within the community completes this attractive home.

An ideal property for families, residents, or as a holiday home close to the sea – with potential for modernization and customization.

Layout

Ground Floor:
Entrance hall | Guest toilet | Kitchen | Living and dining room | Terrace | Garden | Swimming pool (in need of renovation) | Storage room

First Floor:
Three bedrooms | Two bathrooms (one en suite) | Balcony

GOIBE468739/2024

Exterior

Property

Gallery

3D Street View Tour

Property Location

Carrer de la Fotja, Playa de Palma, Palma, Balearic Islands., Playa de Palma Palma

Local Weather & Climate

Playa de Palma, Palma

Current Conditions Updated recently

62 °F

Clear sky

Feels Like 60°F

Humidity 57%

Wind 1 mph

Visibility 6.2 mi

Sunrise 5:46 AM

Sunset 6:04 PM

5-Day Forecast

Tue 24 Mar

Clear

High 65°

Low 56°

Wed 25 Mar

Clear

High 61°

Low 50°

Thu 26 Mar

Clouds

High 51°

Low 49°

Fri 27 Mar

Clouds

High 59°

Low 47°

Sat 28 Mar

Clouds

High 62°

Low 46°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Playa de Palma?

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

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

€

Down Payment

€100,000

Interest Rate

Loan Term

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.
Tax benefit calculations are simplified estimates based on general assumptions for Spain. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on Spain tax year 2025 (fiscal year: January-December) through 2012. Tax laws change frequently and may have been amended since this data was compiled.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

$75,000,000

Carrer de la Fotja, Playa de Palma, Palma, Balearic Islands.

Playa de Palma, Palma

3 Beds 3 Baths 1,346 Sqft

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Market Opinion

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Our perspective on current market conditions in Playa de 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.

Buyer Score

Estimated regional appreciation: 4% annually

Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $75,000,000 20% down ($15,000,000)

Investment Perspective

$1 → $1.36

Every dollar invested today could become $1.36 in 10 years

$100 → 136 $1,000 → $1,362

$6,445/day

Your home may appreciate while you sleep

$45,237/week $196,027/mo $2,352,327/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

-$41.3M

+$59.3M

$59.3M Potential Equity

vs $41.3M lost to rent over 10 years

$15.0M Down Payment Growth

10yr

$59.3M

8.1x

20yr

$121.9M

12.6x

30yr

$189.4M

Wealth Comparison

×451

Equivalent to 451 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $189.4M

Time to Double Your Investment (accounting for market cycles)

42.4

years

Conservative

1.65% effective/yr

22.4

years

Market-Based

3.14% effective/yr

13.9

years

Optimistic

5.12% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $88.3M +18%

Market $102.1M +36%

Optimistic $123.6M +65%

$59.3M est. equity

20 Years

Conservative $104.0M +39%

Market $139.1M +85%

Optimistic $203.6M +171%

$121.9M est. equity

30 Years

Conservative $122.5M +63%

Market $189.4M +153%

Optimistic $335.4M +347%

$189.4M est. equity

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

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

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

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does Carrer de la Fotja, Playa de Palma, Palma, Balearic Islands have?

This house at Carrer de la Fotja, Playa de Palma, Palma, Balearic Islands features 3 bedrooms and 3 bathrooms with 1,346 square feet of living space.

What is the size of Carrer de la Fotja, Playa de Palma, Palma, Balearic Islands?

This property offers 1,346 square feet of living space.

What is the listing price for Carrer de la Fotja, Playa de Palma, Palma, Balearic Islands?

This property is listed at $75,000,000, which equals $55721 per square foot.

Is now a good time to buy a home in Playa de Palma?

Based on current market indicators, Playa de 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.

What type of property is Carrer de la Fotja, Playa de Palma, Palma, Balearic Islands?

This is a house located in Playa de Palma, Palma. The property is situated in an established neighborhood with convenient access to local amenities and services.