Third Floor Apartment with Unobstructed Sea Views €480,000
Property Details
Location: Spain, Portocolom, Mallorca
(Southeast Coast)
Sale price: €480,000 Euros
Listed by: Huether & Partner Real Estate
Land Area: n/a
Internal Area: 84 m²
Bedrooms: 3
Bathrooms: 2
Energy Rating/Class: n/a
Features: irst line sea · Unobstructed sea views · Sa Punta lighthouse views · 2 sea view balconies · 1 rear balcony · Open fireplace · Separate kitchen · Utility room · Pantry · En-suite master · Communal pool with sea access · Private storage room on roof terrace · Direct rocky coast access · Built 1992 · Needs modernisation
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First line sea, third floor, unobstructed views straight across to the Sa Punta lighthouse. If you're after that proper Mediterranean coastal experience, this Portocolom apartment delivers on location. The trade-off? It needs modernisation. The agent's upfront about it, which is refreshing, and it means you've got room to negotiate and tailor the finishes to your taste rather than paying a premium for someone else's renovation choices.
The layout works: entrance opens to a spacious living room on the left with direct access to the main balcony, where you're looking at open sea and watching fishing boats set sail at dawn. There's an open fireplace for atmosphere during cooler months, plus a second balcony to the side with equally good sea views. Kitchen's separate with a utility room and pantry, which gives you proper storage and keeps cooking smells out of the living areas.
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Three bedrooms split across the apartment. Two have access to a quieter rear balcony, away from the coastal breeze and noise. The master comes with an en-suite shower room; there's a second shower room for the other bedrooms. It's a practical setup, particularly if you're considering seasonal rentals where multiple bathrooms make the difference between good reviews and great ones.
Use the Renovation Budget Planner to map out what modernisation will actually cost. Kitchens and bathrooms are usually the priority in properties like this, and you'll want to budget for updated flooring, possibly new windows if the originals aren't double-glazed, and a refresh of the electrics if they're original to the 1992 build. First line sea properties justify the investment because the location holds value regardless of interior condition.
Outside, you've got a private storage room on the communal roof terrace and access to a well-maintained communal pool with sea views and direct access to the rocky coast below. It's that combination of private apartment living with shared outdoor amenities that works particularly well in coastal Spain.
Portocolom remains one of Mallorca's more authentic fishing villages. It's grown around the island's largest natural harbour but hasn't tipped over into full tourist chaos. The old town centre, the small fishing port, and those classic fishermen's huts make it photogenic without feeling contrived. Cala Marçal beach is one kilometre from the harbour promenade; there's also a local town beach and the blue ribbon-awarded S'Arenal bay on the Sa Punta peninsula. Shops, restaurants, and cafés stay open year-round, and the village keeps its tranquil character even during high season.
At €480,000 for a first line property, factor in annual costs: property tax runs around €750, garbage fees are €169. Running costs are manageable, which matters if you're holding this as a rental investment. Speaking of which, the Rental Yield Calculator will show you what first line sea apartments in Portocolom typically generate. Coastal properties with these views and pool access rent well, particularly during peak summer months when demand for authentic fishing village locations is high.
The modernisation requirement keeps the price reasonable for the location. You're essentially buying the view and the position, then adding value through renovation.
Tip:
You’ll also need to ask the agent about the Energy Performance Certificate (EPC or Certificado de Eficiencia Energética - CEE). From January 1, 2030, all properties for sale or rent, in Spain, will need to meet a minimum 'E' energy rating, with the minimum rising to 'D' by 2033. Properties with an 'F' or 'G' rating will need upgrades to be legally marketable. Use this knowledge to negotiate on price.
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