Petra

Petra | Balearic Islands

Where Gardens

Grace Back Yards

View Photos Watch Film 360° VTour Open House

RE/MAX Immocorner

Presented At

€450,000

Bedrooms

Bathrooms

Living

3,240

SQM

Fireplace

High Ceiling

Basement

Gas Stovetop

Garage

Balcony

Parking

Terrace

Gate

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Petra

Petra | Balearic Islands

Petra, Petra, BALEARES, Petra, Petra, Balearic Islands, Spain. , Petra , Balearic Islands

Spacious Townhouse With Renovation Potential In The Heart Of Petra

Spacious residence situated in the charming municipality of Petra, in the heart of Mallorca. With a built area of 301 m2, this fully outward-facing property offers excellent renovation potential to adapt it entirely to your preferences and requirements. It represents a unique opportunity to create your ideal home or even a separate independent residential unit.

Key features:

Ground floor: Two spacious rooms including a dining room, kitchen and adjoining bathroom, with adaptable space for multiple uses.
Upper floor: Three generous bedrooms, spacious living room and direct access to a large terrace with views over the natural surroundings.
Private parking included.
Fully outward
Great flexibility for personalised renovations. Petra is a picturesque rural municipality in the centre of Mallorca.

This tranquil locality offers an authentic Mallorcan lifestyle, surrounded by vineyards, agricultural fields and walking routes, ideal for those seeking peace and tradition.

Exterior

Property

Gallery

3D Street View Tour

Property Location

Petra, Petra, BALEARES, Petra, Petra, Balearic Islands, Spain., Petra Balearic Islands

Local Weather & Climate

Petra, Balearic Islands

Current Conditions Updated recently

54 °F

Few clouds

Feels Like 52°F

Humidity 65%

Wind 6 mph

Visibility 6.2 mi

Sunrise 5:57 AM

Sunset 5:54 PM

5-Day Forecast

Mon 16 Mar

Clear

High 63°

Low 53°

Tue 17 Mar

Clear

High 65°

Low 44°

Wed 18 Mar

Clear

High 66°

Low 45°

Thu 19 Mar

Clouds

High 57°

Low 48°

Fri 20 Mar

Clouds

High 58°

Low 46°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Petra?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

€

Down Payment

€100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for Spain. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on Spain tax year 2025 (fiscal year: January-December) through 2012. Tax laws change frequently and may have been amended since this data was compiled.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

$45,000,000

Petra, Petra, BALEARES, Petra, Petra, Balearic Islands, Spain.

Petra, Balearic Islands

2 Beds

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Market Opinion

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Our perspective on current market conditions in Petra. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis

International luxury real estate typically appreciates steadily over time.

Buyer Score

Estimated regional appreciation: 4% annually

Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $45,000,000 20% down ($9,000,000)

Investment Perspective

$1 → $1.36

Every dollar invested today could become $1.36 in 10 years

$100 → 136 $1,000 → $1,362

$3,867/day

Your home may appreciate while you sleep

$27,142/week $117,616/mo $1,411,396/yr

$100K Investment Comparison (10 Years)

Real Estate (Leveraged)

$281K

S&P 500 Index

$259K

High-Yield Savings

$155K

Real estate leverage: potential 8% advantage over stocks

-$24.8M

+$35.6M

$35.6M Potential Equity

vs $24.8M lost to rent over 10 years

$9.0M Down Payment Growth

10yr

$35.6M

8.1x

20yr

$73.1M

12.6x

30yr

$113.7M

Wealth Comparison

×271

Equivalent to 271 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $113.7M

Time to Double Your Investment (accounting for market cycles)

42.4

years

Conservative

1.65% effective/yr

22.4

years

Market-Based

3.14% effective/yr

13.9

years

Optimistic

5.12% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $53.0M +18%

Market $61.3M +36%

Optimistic $74.1M +65%

$35.6M est. equity

20 Years

Conservative $62.4M +39%

Market $83.5M +85%

Optimistic $122.2M +171%

$73.1M est. equity

30 Years

Conservative $73.5M +63%

Market $113.7M +153%

Optimistic $201.3M +347%

$113.7M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does Petra, Petra, BALEARES, Petra, Petra, Balearic Islands, Spain have?

This house at Petra, Petra, BALEARES, Petra, Petra, Balearic Islands, Spain features 2 bedrooms with 3,240 square feet of living space.

What is the size of Petra, Petra, BALEARES, Petra, Petra, Balearic Islands, Spain?

This property offers 3,240 square feet of living space.

What is the listing price for Petra, Petra, BALEARES, Petra, Petra, Balearic Islands, Spain?

This property is listed at $45,000,000, which equals $13889 per square foot.

Is now a good time to buy a home in Petra?

Based on current market indicators, Petra shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.

What type of property is Petra, Petra, BALEARES, Petra, Petra, Balearic Islands, Spain?

This is a house located in Petra, Balearic Islands. The property is situated in an established neighborhood with convenient access to local amenities and services.

Brokerage: