Luxury Apartment with Port Views in Palma de Mallorca
€2,450,000€20,940/m²
Palma de Mallorca, Palma de Mallorca, Spain
2
bedrooms
2
bathrooms
117 m²
interior
Apartment
property type
2 weeks ago
listed
The Habio take
AI summaryThis exclusive two-bedroom apartment boasts stunning port views and is set in a newly built community featuring luxurious amenities. Located along the famous Paseo Marítimo, residents can enjoy both elegance and a vibrant lifestyle in Palma.
- luxury
- beach
- city
- new build
Highlights
- Stunning port views
- Luxury amenities including outdoor and indoor pools
- Spa and gym facilities
- Direct access to Paseo Marítimo
- High-quality construction in a new build
Worth knowing
- High price point for the area
- Limited internal space for larger families
Good fit for: Ideal for buyers seeking a luxurious seaside lifestyle with modern amenities.
Lifestyle scores
- Beach
- 90
- Walkable
- 85
- Remote work
- 75
- Family
- 50
- Retirement
- 80
- Airport access
- 80
- Investment
- 85
- Luxury
- 90
- Value
- 60
About this place
This exclusive apartment, located in a newly built community with the highest quality standards, offers everything expected from a top-level home: outdoor pool, heated indoor pool, spa, gym, and direct access to the Paseo Marítimo.
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
