Exclusive Two-Bedroom Apartment on Paseo Marítimo

€2,100,000€17,949/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 summary

This luxury two-bedroom apartment features a spacious terrace and is situated in a newly built community in Palma de Mallorca. It boasts direct access to the scenic Paseo Marítimo, perfect for enjoying coastal walks and the vibrant local lifestyle.

luxury
beach
city

Highlights

Spacious terrace for outdoor living
Access to outdoor and heated indoor pools
On-site spa and gym facilities
High construction standards and modern design
Direct access to the Paseo Marítimo

Worth knowing

Higher price point may limit budget options
Potential for noise from the promenade

Good fit for: Ideal for those seeking a luxury coastal lifestyle in Mallorca.

Lifestyle scores

Beach: 90
Walkable: 85
Remote work: 70
Family: 60
Retirement: 75
Airport access: 80
Investment: 85
Luxury: 90
Value: 50

About this place

This exclusive apartment, located in a newly built community finished to the highest 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

Full guide →

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