Luminous Three-Bedroom Apartment with Sea Views in Palma
€1,600,000€11,594/m²
Palma de Mallorca, Palma de Mallorca, Spain
3
bedrooms
2
bathrooms
138 m²
interior
475 m²
plot
Apartment
property type
2 weeks ago
listed
The Habio take
AI summaryThis stunning three-bedroom apartment offers exceptional sea views and plenty of natural light, situated in the vibrant city of Palma de Mallorca. The property features multiple terraces perfect for soaking up the sun throughout the day.
- beach
- city
- luxury
Highlights
- Spectacular sea and mountain views
- Three double bedrooms
- Two bathrooms, one en suite
- Multiple sun-filled terraces
- Spacious living-dining area
- Large parking space included
Worth knowing
- Requires potential updates to meet modern standards
- Parking essential due to location
- No explicit mention of nearby amenities
Good fit for: Ideal for buyers seeking a premium property in a lively urban environment.
Lifestyle scores
- Beach
- 80
- Walkable
- 60
- Remote work
- 70
- Family
- 65
- Retirement
- 60
- Airport access
- 90
- Investment
- 75
- Luxury
- 70
- Value
- 55
About this place
The property is very luminous, it has several terraces surrounding the flat, so it enjoys sun from morning to afternoon. It has three double bedrooms and two complete bathrooms, one of them en suite. Spacious living-dining room connected to a semi open kitchen, and access to a spectacular terrace. There is also a back terrace with beautiful mountain views. At present the flat is in perfect condition and ready to move into, although logically if you want to have a property with the current quality standards it would need an investment to update it. The property is located in the area of Can Barbará, therefore it is essential to have parking, the property has a large parking space in the same building.
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
