Elegant Two-Bedroom Apartment with Terrace in Palma de Mallorca
€795,000€7,500/m²
Palma de Mallorca, Palma de Mallorca, Spain
2
bedrooms
2
bathrooms
106 m²
interior
Apartment
property type
2 weeks ago
listed
The Habio take
AI summaryThis modern 2022 apartment features a spacious 34 m² west-facing terrace, ideal for soaking up the Mediterranean sun. Located in Palma de Mallorca, it offers a blend of contemporary comfort and vibrant coastal living.
- beach
- city
- luxury
- new build
Highlights
- Two spacious bedrooms
- 34 m² west-facing terrace
- Modern design throughout
- Close to Paseo Marítimo
- Built in 2022
Good fit for: Ideal for those seeking a contemporary coastal lifestyle.
Lifestyle scores
- Beach
- 85
- Walkable
- 75
- Remote work
- 70
- Family
- 60
- Retirement
- 70
- Airport access
- 90
- Investment
- 80
- Luxury
- 85
- Value
- 65
About this place
This elegant 2022 apartment combines modern design, comfort, and the true Mediterranean lifestyle. Its spacious 34 m² west-facing terrace connects the living room and the master suite, offering the perfect place to enjoy the afternoon sun and pleasant evenings outdoors.
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
