Contemporary Designer Villa in Exclusive Son Vida
€4,900,000
Spain
Villa
property type
6 days ago
listed
The Habio take
AI summaryThis brand-new designer villa in the prestigious Son Vida neighbourhood of Palma de Mallorca epitomises modern luxury and sophistication. Enjoy a serene living experience surrounded by opulence, while being conveniently located near Palma's vibrant amenities.
- luxury
- new build
- city
Highlights
- New build with contemporary design
- Exclusive and secure neighbourhood
- High-end finish and modern features
- Close to Palma's amenities and services
- Ideal for those seeking privacy and tranquility
Worth knowing
- Price may be at the higher end of the market
- Potentially limited outdoor space compared to larger estates
Good fit for: Ideal for luxury seekers and high-net-worth individuals.
Lifestyle scores
- Beach
- 65
- Walkable
- 60
- Remote work
- 80
- Family
- 70
- Retirement
- 75
- Airport access
- 90
- Investment
- 85
- Luxury
- 90
- Value
- 55
About this place
Tucked away in the exclusive and prestigious neighborhood of Son Vida, Palma de Mallorca, lies a contemporary jewel that redefines opulence and style. Welcome to a new build designer villa that seamlessly blends modernity, security, and sophistication into a harmonious living experience. Your peace of mind and privacy are paramount in Son Vida. This luxurious […]
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
