Spacious 4-Bedroom Apartments with Rooftop Terrace in Palma
€1,950,000€11,607/m²
Palma de Mallorca, Palma de Mallorca, Spain
4
bedrooms
2
bathrooms
168 m²
interior
Apartment
property type
2 weeks ago
listed
The Habio take
AI summaryThis unique offering comprises two adjoining 4-bedroom apartments in the heart of Palma, featuring a large rooftop terrace ideal for entertaining. Located between Las Ramblas and Plaza Mayor, you’ll have easy access to the vibrant culture and amenities of the city.
- city
- historic
- family
- investment
- outdoor space
Highlights
- 168 m² of internal space
- Large rooftop terrace for outdoor living
- Two private street entrances
- Sunny terrace and inner courtyard
- Prime location in Palma's historic centre
Worth knowing
- Buyers may need to consider the upkeep of two apartments
- Noise from the bustling city centre may be a factor
Good fit for: Ideal for large families or those seeking an investment in a central location.
Lifestyle scores
- Beach
- 50
- Walkable
- 90
- Remote work
- 70
- Family
- 75
- Retirement
- 65
- Airport access
- 80
- Investment
- 85
- Luxury
- 70
- Value
- 65
About this place
This spacious 4 bedroom property with large rooftop terrace enjoys a prime location in the centre of Palma between Las Ramblas and Plaza Mayor. The 2 apartments are sold together, and they are combined with an adjoining central door but each apartment has it´s own private street entance. It has a sunny terrace and inner courtyard areas for you to enjoy outdoor dining and sunbathing.
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
- 1
Get an NIE
Apply for the foreign-resident tax number at a Spanish consulate, police station, or via a representative with power of attorney.
- 2
Open a Spanish bank account
Needed for the deposit, taxes, mortgage payments, and utilities.
- 3
Engage an independent lawyer
Lawyer runs title, debts, planning, and community-of-owners checks — the notario will not.
- 4
Reservation contract
Small deposit (€3,000–€10,000) takes the property off the market while due diligence runs.
- 5
Sign the contrato de arras
Private purchase contract with a 10% deposit. If the buyer pulls out they lose it; if the seller pulls out they pay double.
- 6
Sign the escritura pública
Final public deed signed before a notario; balance and taxes paid; keys handed over.
- 7
Register the property
Lawyer registers the deed at the Registro de la Propiedad and arranges utility and IBI transfers.
Spain ended its Golden Visa property route in April 2025. Non-resident mortgages are widely available, typically 60–70% LTV. Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax. Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
