
Palma de Mallorca · neighbourhood guide
Portixol
The old fishing harbour east of the centre, with the water at the end of the street.
The neighbourhood
What Portixol is
Portixol is Palma's old fishing harbour, on the bay just east of the city centre. The harbour front is a promenade now, with low houses turned towards the water and a small marina in front of them, and the beach at Ciudad Jardín continues along the same shore.
We are not holding a property inside Portixol today, and we will not pretend otherwise. What we hold is the stretch of coast on either side of it, and a screening that covers every agent on the island rather than one office's own book.
Who buys here
The buyer this neighbourhood suits
Buyers who want the water at the end of the street and the city within a short ride. The scale here is low and the streets are short, so the difference between one row and the next is measured in metres and in whether the front looks at the sea or at the row in front of it.
The homes
What the buildings are
Low former fishermen's houses along the shore, many of them rebuilt behind the original front, with apartment buildings on the streets behind them.
What it costs
We are not holding a property in Portixol today, so we are not going to quote a range for it. A screening covers every agent on the island, and we will give you the real numbers in a conversation rather than an average on a page.
The closest we hold
What we hold nearby
We hold nothing inside Portixol today. These two are on the same stretch of shore, in Nou Llevant and in El Molinar / Ciudad Jardín.
Off-market opportunity: contemporary villa with pool, parking and sea views from the roof terrace
WMI1104.900.000 € 500 m² · 659 m² plot · 5 bed Shown after a consultationBuying in Palma
Three things that apply wherever you buy
- The tax page
The transfer tax
A resale property in the Balearics carries transfer tax, ITP, in bands: 8 per cent up to 400.000 €, rising to 13 per cent above 2.000.000 €, with stamp duty of 1,5 to 2 per cent on top. A new build carries 10 per cent VAT instead of ITP.
- The purchase process
Securing the property
When the terms are agreed the home is secured through an Arras, a private contract between the two parties, usually written by the buyer's lawyer, with ten per cent of the price deposited into the notary account and deducted from the final payment.
- The new rules
The agent register
Law 3/2024 requires every estate agent in the Balearics to be entered in the official register, ROAIIB, and to carry that registration number in every contract. Ours is GOIBE605090/2024.
The next step
Book a private consultation
Thirty minutes, in Palma or by video, in English, Swedish, German or Spanish. We start from Portixol and end with a written brief and a realistic picture of what your budget buys here.



