Luxurious Villa with Panoramic Views in Son Vida
€8,900,000
Spain
Villa
property type
1 week ago
listed
The Habio take
AI summaryThis newly built villa in the exclusive area of Son Vida offers elegant architecture and breathtaking panoramic views over Palma and the bay. Set on a spacious 2,095 m² plot, this property provides ample refined living space of approximately 748 m², ideal for those seeking luxury in a tranquil setting.
- luxury
- investment
- retirement
- city
- garden
Highlights
- Exclusive Son Vida location
- Breathtaking views over Palma
- Newly built with elegant design
- Generous 748 m² living space
- Spacious 2,095 m² plot
- Multiple levels for privacy
Good fit for: Best suited for discerning buyers looking for luxury and stunning views.
Lifestyle scores
- Beach
- 60
- Walkable
- 50
- Remote work
- 75
- Family
- 70
- Retirement
- 90
- Airport access
- 70
- Investment
- 85
- Luxury
- 95
- Value
- 40
About this place
This newly built villa in the exclusive residential area of Son Vida captivates with its elegant architecture, generous layout, and breathtaking views over Palma and the bay. Set on a 2,095 plot, the residence offers around 748 of refined living space, thoughtfully distributed across several levels. The upper floor hosts four bedrooms, including a master […]
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
