Exclusive Penthouse with Sea Views in Santa Catalina, Palma
€875,000
Spain
Penthouse
property type
2 days ago
listed
The Habio take
AI summaryThis exclusive penthouse in Santa Catalina offers stunning sea views from a private roof terrace. Located in one of Palma's most desirable areas, it provides a unique blend of vibrant city life and tranquil living.
- city
- beach
- retirement
- luxury
Highlights
- Private roof terrace with sea views
- Two additional balconies
- Situated in popular Santa Catalina district
- South-facing for sunlight all day
- Proximity to local amenities and lifestyle
Worth knowing
- No information on parking availability
- No lift mentioned for direct access
Good fit for: Ideal for buyers seeking a vibrant urban lifestyle with outdoor space.
Lifestyle scores
- Beach
- 80
- Walkable
- 85
- Remote work
- 70
- Family
- 55
- Retirement
- 65
- Airport access
- 80
- Investment
- 75
- Luxury
- 70
- Value
- 60
About this place
Exclusive penthouse in Santa Catalina – your dream home above the rooftops of Palma This sunny, south-facing penthouse is situated in one of Palma’s most sought-after locations, in the charming Santa Catalina district. The corner penthouse boasts a private roof terrace with stunning sea views, two balconies – one facing the street and one at […]
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
