Checking the original advert…

For sale Flat

Pere Garau · Palma · Illes Balears

Renovated Palma flat, three bedrooms

€580,000

Refurbished fourth-floor flat in Pere Garau, Palma, with three bedrooms, two bathrooms, terrace, air conditioning and parking. The kitchen is still being installed, while plumbing and electrical systems have been fully renewed.

Reference VPM2608001 · On Inmoblia since 8 August 2026 · Published by Aproperties Real Estate Vallès Occidental

The property

Specifications

What the advert says about the property: floor area, layout, condition and registry details.

Some advert data is uncertain

We show the source-reported value for context, but exclude it from calculations until the conflicting evidence is resolved.

Type: Flat
Bedrooms: 3
Bathrooms: 2
Floor: 4

Fittings

Fittings and extras

What the property comes with and how much each item weighs in the “Property data” sub-score.

Lift +3
Heating +3
Air conditioning +3
Terrace +3
Parking +5

The advert also mentions:

Open-plan kitchen with central island
Natural light
Views of tree-lined street
Renovated plumbing and electrical systems
High-quality finishes
Parking space in the same building
Kitchen installation in progress
Close to El Corte Inglés and the historic centre

Free text we could not normalise into a comparable attribute, so it does not score.

How these values score

Municipal momentum

Where the local market is heading.

Rent price index

INE · 2011 base = 100 · yearly

+4.2% interanual

Housing transactions

MIVAU · deals per year

+3.2% interanual

Investment guide for Palma

Municipal demand

The structural depth of demand in the area.

+2.0%Rent trajectory

0 = flat average annual growth of the municipal rent index (INE)

Registered unemployment

SEPE · yearly average

−5.6% interanual

Average gross income

AEAT · annual tax return

+3.2% interanual

Registered population

INE · yearly population register

0.0% interanual

Net international migration

INE · immigration − emigration · yearly

−31.9% interanual

Recorded offences

Ministry of the Interior · cumulative

+90.7% interanual

Comparables

Similar properties nearby

Real references of the same municipality and type, to cross-check rent and price. They are not necessarily active offers.

They let for… They sell for…

They let for…

Comparable rentals in Palma, including those already let.

They sell for…

Comparable sales in Palma, including those already sold.

This is a shortlisting pass over the advert's data, not a due diligence report. Before deciding, check the points we cannot verify from here:

Possession: that it is vacant, with no squatters and no tenants on a live contract.
If it is let, the current rent, the type of contract and its expiry date.
The real state of repair and services (possible hidden renovation work) and a valid energy certificate.
The real service charge and, above all, whether any special levies are approved or pending: they appear in the minutes of the last owners' meetings.
The property's actual IBI: our figure is an estimate from the municipality's cadastral values, not the specific bill.
Charges, mortgages, seizures or easements in the Land Registry extract.