Data updated on 10 September 2026Data updated: 10 Sept 2026
Santa Catalina / Son Armadams · Palma · Illes Balears
Palma NPL apartment with renovation potential
Listed 110 m² apartment with 81 m² usable space, three bedrooms, terrace, garage and storage room in Santa Catalina. No possession or property access; acquisition depends on judicial proceedings and due diligence.
Reference D04-140826 · On Inmoblia since 11 September 2026 · Published by Solproperty
Specifications
What the advert says about the property: floor area, layout, condition and registry details.
We show the source-reported value for context, but exclude it from calculations until the conflicting evidence is resolved.
- Type
- Apartment
- Built area
- 110 m²
- Usable area
- 81 m²
- Floors in the property
- 11
- Floor
- 3
- Year built
- 1965
- Energy certificate
- Exempt
Fittings and extras
What the property comes with and how much each item weighs in the “Property data” sub-score.
- Lift +3
- Terrace +3
The advert also mentions:
- Credit assignment with mortgage guarantee
- NPL asset for professional investors
- No physical possession of the property
- No interior images available
- Conventional mortgage financing unavailable
- Acquisition subject to judicial proceedings
- Three neighbours per floor
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
Housing transactions
MIVAU · deals per year
Municipal demand
The structural depth of demand in the area.
Registered unemployment
SEPE · yearly average
Average gross income
AEAT · annual tax return
Registered population
INE · yearly population register
Net international migration
INE · immigration − emigration · yearly
Recorded offences
Ministry of the Interior · cumulative
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…
Comparable rentals in Palma, including those already let.
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.