El Terreno / Paseo Marítimo / Port Can Barbara · Palma · Illes Balears

Renovated Palma waterfront flat, 3 bedrooms

€1,890,000 11,667 €/m²

Renovated 162 m² flat with a 37 m² terrace, bay views and two underground parking spaces. First occupancy after comprehensive renovation, with delivery scheduled for late 2025.

Reference 40150141_DN · On Inmoblia since 4 September 2026 · Published by Re/max Immocorner

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
Built area
162 m²
Bedrooms
3
Bathrooms
3
Toilets
1
Terrace
37 m²
Floors in the property
3
Floor
3
Year built
1981
Aspect
Exterior
Energy certificate
In progress
Orientation
South
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
  • Exterior-facing +4
  • Terrace 37 m² +5
  • Balcony
  • Sea views +6
  • Parking 2 spaces +5

The advert also mentions:

  • Sound and thermal insulation
  • Two kitchens
  • Separate laundry room
  • Underfloor heating
  • Mains gas
  • Additional water pressure and storage tank
  • Direct building access to the port and promenade
  • First occupancy after comprehensive renovation
  • Delivery scheduled for late 2025

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
131.3 20112014201820212024 101.4 · 2011101.4 · 2011100 · 2012100 · 201298.6 · 201398.6 · 201399 · 201499 · 2014100 · 2015100 · 2015102.3 · 2016102.3 · 2016105.3 · 2017105.3 · 2017110.1 · 2018110.1 · 2018115.3 · 2019115.3 · 2019115.3 · 2020115.3 · 2020117.5 · 2021117.5 · 2021121.8 · 2022121.8 · 2022126 · 2023126 · 2023131.3 · 2024131.3 · 2024

Housing transactions

MIVAU · deals per year

+3.2% interanual
5,134 20112015201820222025 2,626 · 20112,626 · 20112,783 · 20122,783 · 20122,387 · 20132,387 · 20133,582 · 20143,582 · 20144,035 · 20154,035 · 20155,292 · 20165,292 · 20165,890 · 20175,890 · 20175,705 · 20185,705 · 20184,786 · 20194,786 · 20193,674 · 20203,674 · 20205,081 · 20215,081 · 20215,703 · 20225,703 · 20224,933 · 20234,933 · 20234,973 · 20244,973 · 20245,134 · 20255,134 · 2025

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

−5.7% interanual
11,959 20192021202320242026 24,180 · 201924,180 · 201930,074 · 202030,074 · 202027,778 · 202127,778 · 202118,117 · 202218,117 · 202214,711 · 202314,711 · 202313,535 · 202413,535 · 202412,680 · 202512,680 · 202511,959 · 202611,959 · 2026

Average gross income

AEAT · annual tax return

+3.2% interanual
€34,970 20132016201820212023 €26,452 · 2013€26,452 · 2013€26,841 · 2014€26,841 · 2014€27,994 · 2015€27,994 · 2015€28,973 · 2016€28,973 · 2016€30,343 · 2017€30,343 · 2017€31,869 · 2018€31,869 · 2018€31,826 · 2019€31,826 · 2019€29,097 · 2020€29,097 · 2020€31,615 · 2021€31,615 · 2021€33,871 · 2022€33,871 · 2022€34,970 · 2023€34,970 · 2023

Registered population

INE · yearly population register

0.0% interanual
434,786 20112014201720202025 405,318 · 2011405,318 · 2011405,318 · 2011405,318 · 2011405,318 · 2011405,318 · 2011405,318 · 2011405,318 · 2011407,648 · 2012407,648 · 2012407,648 · 2012407,648 · 2012407,648 · 2012407,648 · 2012407,648 · 2012407,648 · 2012398,162 · 2013398,162 · 2013398,162 · 2013398,162 · 2013398,162 · 2013398,162 · 2013398,162 · 2013398,162 · 2013399,093 · 2014399,093 · 2014399,093 · 2014399,093 · 2014399,093 · 2014399,093 · 2014399,093 · 2014399,093 · 2014400,578 · 2015400,578 · 2015400,578 · 2015400,578 · 2015400,578 · 2015400,578 · 2015400,578 · 2015400,578 · 2015402,949 · 2016402,949 · 2016402,949 · 2016402,949 · 2016402,949 · 2016402,949 · 2016402,949 · 2016402,949 · 2016406,492 · 2017406,492 · 2017406,492 · 2017406,492 · 2017406,492 · 2017406,492 · 2017406,492 · 2017406,492 · 2017409,661 · 2018409,661 · 2018409,661 · 2018409,661 · 2018409,661 · 2018409,661 · 2018409,661 · 2018409,661 · 2018416,065 · 2019416,065 · 2019416,065 · 2019416,065 · 2019416,065 · 2019416,065 · 2019416,065 · 2019416,065 · 2019422,587 · 2020422,587 · 2020422,587 · 2020422,587 · 2020422,587 · 2020422,587 · 2020422,587 · 2020422,587 · 2020419,366 · 2021419,366 · 2021419,366 · 2021419,366 · 2021419,366 · 2021419,366 · 2021419,366 · 2021419,366 · 2021415,940 · 2022415,940 · 2022415,940 · 2022415,940 · 2022423,350 · 2023423,350 · 2023423,350 · 2023423,350 · 2023431,521 · 2024431,521 · 2024431,521 · 2024431,521 · 2024434,786 · 2025434,786 · 2025434,786 · 2025434,786 · 2025

Net international migration

INE · immigration − emigration · yearly

−31.9% interanual
5,867 2021202220232024 -286 · 2021-286 · 20219,060 · 20229,060 · 20228,616 · 20238,616 · 20235,867 · 20245,867 · 2024

Recorded offences

Ministry of the Interior · cumulative

+90.7% interanual
81,629 202420252026 7,648 · 20247,648 · 202417,002 · 202417,002 · 202427,496 · 202427,496 · 202435,540 · 202435,540 · 202442,800 · 202542,800 · 202552,410 · 202552,410 · 202564,643 · 202564,643 · 202573,541 · 202573,541 · 202581,629 · 202681,629 · 2026
Comparables

Similar properties nearby

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

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.