Stunning Sea View Apartment in El Fortí, Palma de Mallorca
€1,950,000
Spain
Apartment
property type
3 days ago
listed
The Habio take
AI summaryThis renovated two-bedroom apartment on the 22nd floor offers breathtaking panoramic sea views. Located in the sought-after El Fortí neighbourhood of Palma de Mallorca, it combines luxury living with the vibrancy of the city.
- luxury
- city
- walkable
- investment
Highlights
- 22nd floor with panoramic sea views
- Renovated flat with modern interiors
- Two bedrooms and two bathrooms (one en-suite)
- Complimentary amenities in a desirable location
- Close to Palma's cultural and social offerings
Worth knowing
- High floor may not suit everyone
- Limited outdoor space due to high-rise setting
Good fit for: Ideal for those seeking a luxurious urban lifestyle with stunning views.
Lifestyle scores
- Beach
- 80
- Walkable
- 85
- Remote work
- 75
- Family
- 60
- Retirement
- 70
- Airport access
- 90
- Investment
- 85
- Luxury
- 90
- Value
- 70
About this place
Welcome to a spectacular apartment in the desirable El Fortí neighborhood of Palma De Mallorca. This renovated flat, located on the 22nd floor of the tallest building in Palma, boasts a usable area of approximately 105 sqm. The apartment offers two bedrooms and two modern bathrooms, one of which is en-suite. As you enter, you […]
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
