An elegant apartment with beautiful views of the marina
Spain, Mallorca, Port d’Andratx
- EUR 316,000
- ⅛ share
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EUR 1,950,000Full listing price
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3Beds
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3Baths
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125 m²House size
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125 m²Land size
Overview
A renovated and elegant apartment, situated in a well-maintained, quiet and small residential complex in Port d’Andratx, just a minute’s walk from all amenities, restaurants, and shops. The apartment offers beautiful sea and marina views, as well as from the complex’s tranquil communal sun terrace and pool area.
The spacious layout includes a light-filled open-plan kitchen and living area that opens onto the partially covered private outdoor terrace, all boasting spectacular views. The property features a spacious master suite with a dedicated terrace, two additional en-suite bedrooms with access to the terrace and a large space with a home entertainment area, cellar and a utility room.
Port d’Andratx is on the southwestern tip of Mallorca. It is one of the original harbour villages and is still a working port. However, these days its marina is mainly occupied by yachts. It is is only a 35-minute drive from Palma airport.
This is a preview listing and the home will be purchased if we receive sufficient interest in it. If we do not buy this home, a similar home will be found for the buyers who expressed interest in it. After the purchase, the property will undergo improvements to meet the Lazazu standard, including re-furnishing.
How to become a co-owner
- You can purchase between ⅛ to ½ of the property. A ⅛ share gives you 45 nights of exclusive use of your second home per year. This is real estate ownership, not timeshare.
- Once we have sufficient interest, we will purchase the vacation home, set up a company for the home and allocate the shares to the various owners. If the home is purchased by someone else in the interim, we will help you find a similar property.
- We refresh, equip, and beautifully furnish your co-owned property together with professional interior designers.
- Subsequently, you can schedule your stays and enjoy your fully managed second home exclusively in proportion to your ownership and share the running costs with the other fractional owners. You can also rent out some of your nights and generate rental income to offset your expenses.
- We manage all aspects of your holiday home, serving as your single point of contact. All you need to do is arrive and enjoy your beautiful home.
- You can sell your shares at the market price in any way you choose – we will support you as needed. If the property appreciates in value, you will benefit from this.
- Are you interested in co-owning this luxury holiday home or does it meet many but not all of your criteria? Please contact us, we will find the perfect property for you and do our best to match you with other like-minded buyers.
Amenities
- Communal swimming pool and sun terrace
- Off-street parking
- Security complex
- Cellar
Location
We find qualified owners, manage the company formation, close the purchase and redecorate the home.
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Purchase Price
Full home: EUR 1,950,000
EUR 243,750 -
Home Upgrade
Inspection, interior design & furnishings
EUR 17,777 -
Standard Purchase Costs
Transfer tax, land registry and notary fees
EUR 26,442 -
Our Fee
Buyer aggregation, legal, financing & upgrades
EUR 28,031
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Total ⅛ Ownership
45 nights per year
EUR 316,000