Renovated Two-Bedroom Apartment with Sea Views in Palma
€560,000€4,786/m²
Palma de Mallorca, Balearic Islands, Spain
2
bedrooms
1
bathroom
117 m²
interior
Apartment
property type
29 May 2026
listed
The Habio take
AI summaryThis renovated two-bedroom apartment features spectacular sea views over the Bay of Palma and boasts a generous 43 m² terrace for outdoor enjoyment. Located in Palma de Mallorca, it offers close proximity to beaches, shops, and a serene community atmosphere.
- beach
- coastal
- luxury
- walkable
Highlights
- Spectacular sea views over the Bay of Palma
- 43 m² terrace for outdoor living
- Quiet residence with swimming pool
- Air conditioning and underfloor heating
- Walking distance to beaches and shops
Worth knowing
- No lift mentioned
- Potential noise from nearby amenities
Good fit for: Ideal for those seeking a stylish home with stunning views in a vibrant coastal city.
Lifestyle scores
- Beach
- 90
- Walkable
- 90
- Remote work
- 70
- Family
- 60
- Retirement
- 70
- Airport access
- 85
- Investment
- 80
- Luxury
- 75
- Value
- 65
About this place
Renovated apartment with spectacular sea views over the Bay of Palma, 43 m² terrace, 2 bedrooms, year-round comfort (air conditioning, underfloor heating). Quiet residence with swimming pool, beaches and shops within walking distance. A rare find, guaranteed to impress.
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
