Elegant Townhouse with Garden and Pool in El Terreno, Palma
€2,095,000€7,403/m²
El Terreno, El Terreno, Spain
4
bedrooms
2
bathrooms
283 m²
interior
270 m²
plot
Townhouse
property type
2 weeks ago
listed
The Habio take
AI summaryThis spacious four-bedroom townhouse in El Terreno boasts elegant design and expansive sea views, making it an ideal retreat. Nestled in a vibrant area of Palma, it combines comfort with a desirable location.
- garden
- pool
- family
- city
Highlights
- Four spacious bedrooms
- Private garden and swimming pool
- Approximately 283 m² of living space
- Versatile layout across three levels
- Beautiful sea views
Worth knowing
- Car likely needed for daily errands
- No specific details on local amenities provided
Good fit for: Perfect for families or those seeking a tranquil yet vibrant lifestyle in Palma.
Lifestyle scores
- Beach
- 60
- Walkable
- 70
- Remote work
- 70
- Family
- 80
- Retirement
- 65
- Airport access
- 80
- Investment
- 75
- Luxury
- 70
- Value
- 50
About this place
This charming townhouse in the heart of El Terreno offers the perfect blend of character, comfort, and location. With a constructed area of approx. 283 m² on a 270 m² plot, the property spans three levels plus a spacious lower ground floor, offering versatile living across all floors.
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
