Renovated Townhouse with Rooftop Terrace in Son Espanyolet
€2,450,000
Spain
Townhouse
property type
4 days ago
listed
The Habio take
AI summaryThis elegantly renovated townhouse in Son Espanyolet features three floors and a rooftop terrace with views of Bellver Castle, providing a luxurious living experience. Located in Palma de Mallorca, it combines sophistication with the vibrant lifestyle of the island.
- luxury
- walkable
- city
Highlights
- Rooftop terrace with views of Bellver Castle
- Spacious layout across three floors
- Garage for two cars
- Sought-after location in Palma de Mallorca
- Recently renovated to a high standard
Worth knowing
- Potential for high maintenance costs due to luxury finishes
- Limited outdoor space in comparison to standalone homes
Good fit for: Ideal for buyers seeking a move-in ready luxury home in a popular area.
Lifestyle scores
- Beach
- 80
- Walkable
- 85
- Remote work
- 70
- Family
- 75
- Retirement
- 60
- Airport access
- 90
- Investment
- 85
- Luxury
- 90
- Value
- 70
About this place
Introducing this completely renovated townhouse in the sought-after area of Son Espanyolet, Palma De Mallorca. This superior property boasts a total of 3 floors plus a rooftop terrace with views towards the Bellver Castle, offering a spacious and luxurious living experience. On the ground floor, you will find a garage for 2 cars, a technical […]
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
