Contemporary Townhouse with Sustainable Features in Genova, Palma
€2,450,000
Spain
Townhouse
property type
4 days ago
listed
The Habio take
AI summaryThis exceptional townhouse in Genova, Palma combines refined architecture and sustainable technology, ideal for luxurious living. The area is known for its charming atmosphere and proximity to the beautiful Palma coastline.
- luxury
- new build
- city
- coastal
Highlights
- Contemporary design with modern aesthetics
- Seamless indoor/outdoor living
- Sustainable technology incorporated
- High-quality finishes throughout
- Located in a desirable area
Worth knowing
- Higher price point for entry-level buyers
- Potential for ongoing maintenance in modern builds
Good fit for: Perfect for those seeking a blend of luxury and sustainability in a vibrant location.
Lifestyle scores
- Beach
- 85
- Walkable
- 70
- Remote work
- 70
- Family
- 75
- Retirement
- 60
- Airport access
- 80
- Investment
- 80
- Luxury
- 90
- Value
- 65
About this place
This exceptional contemporary residence in Genova- Palma combines refined architecture, sustainable technology and seamless indoor/outdoor living. The property has been designed with a clear focus on quality and comfort, offering a harmonious balance between modern aesthetics and functional luxury. Situated on a 295 plot, the house offers a constructed area of 195, thoughtfully distributed to […]
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
