Exceptional Three-Bed Duplex with Stunning Roof Terrace in Palma Old Town
€3,450,000€14,496/m²
Palma Old Town, Palma Old Town, Spain
3
bedrooms
3
bathrooms
238 m²
interior
18 m²
plot
Apartment
property type
2 weeks ago
listed
The Habio take
AI summaryThis remarkable three-bedroom, three-bathroom duplex in Palma's historic Old Town offers an exceptional roof terrace with panoramic city views. Nestled in a vibrant area rich in culture and history, this property is a unique opportunity to enjoy urban living in a charming setting.
- historic
- city
- luxury
- walkable
Highlights
- Three spacious bedrooms
- Three modern bathrooms
- Large roof terrace with city views
- Located in Palma's historic Old Town
- High internal area of 238 m²
Worth knowing
- No dedicated parking mentioned
- Potential for noise in urban setting
Good fit for: Ideal for those seeking a blend of modern living and historic charm.
Lifestyle scores
- Beach
- 50
- Walkable
- 90
- Remote work
- 70
- Family
- 60
- Retirement
- 55
- Airport access
- 80
- Investment
- 75
- Luxury
- 85
- Value
- 65
About this place
This exceptional three bedroom, three bathroom duplex apartment is distributed over the top two floors of the building and includes a sensational roof terrace with sweeping views over the rooftops of the city.
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
