Designer Penthouse with Harbour Views in Central Palma
€2,290,000€10,457/m²
Palma de Mallorca, Palma de Mallorca, Spain
5
bedrooms
4
bathrooms
219 m²
interior
Penthouse
property type
2 weeks ago
listed
The Habio take
AI summaryThis stunning five-bedroom penthouse features a spacious south-facing terrace with breathtaking marina views, perfect for enjoying the Mediterranean sunshine. Located in the heart of Palma de Mallorca, you’ll find a vibrant city full of culture, dining, and entertainment right at your doorstep.
- city
- luxury
- family
- retirement
Highlights
- Five bedrooms, ideal for families or guests
- Spacious 219 m² living area
- Breathtaking views overlooking the marina
- South-facing terrace for all-day sun
- Prime location in Palma's city centre
Worth knowing
- Higher maintenance costs typical of luxury properties
- Potential noise from the bustling city centre
Good fit for: Best suited for those seeking a luxurious urban lifestyle in Palma.
Lifestyle scores
- Beach
- 60
- Walkable
- 95
- Remote work
- 80
- Family
- 75
- Retirement
- 70
- Airport access
- 90
- Investment
- 85
- Luxury
- 90
- Value
- 65
About this place
This exceptional penthouse embodies timeless elegance and refined urban living in one of Palma’s most sought-after locations. From the spacious south-facing terrace, breathtaking views over the marina unfold, offering a captivating panorama throughout the day.
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
