Spacious Four-Bedroom Apartment with Open Views in Palma
€599,000€5,495/m²
Palma de Mallorca, Palma de Mallorca, Spain
4
bedrooms
2
bathrooms
109 m²
interior
Apartment
property type
2 weeks ago
listed
The Habio take
AI summaryThis bright four-bedroom apartment offers open views and an expansive internal area of 109 m². Located in Palma de Mallorca, residents can enjoy the vibrant city life combined with the charm of the Mediterranean.
- city
- walkable
- family
- investment
Highlights
- Four spacious bedrooms
- Open views creating a light-filled space
- Close to Palma's amenities and services
- Ideal for families or as a holiday home
- Well-suited for city living combined with coastal relaxation
Worth knowing
- Limited outdoor space implied
- No specific amenities or features provided
Good fit for: Ideal for families or investors looking for a city residence in Mallorca.
Lifestyle scores
- Beach
- 70
- Walkable
- 80
- Remote work
- 70
- Family
- 80
- Retirement
- 65
- Airport access
- 85
- Investment
- 75
- Luxury
- 70
- Value
- 60
About this place
Bright Apartment with Open Views in Palma
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
