New-Build Luxury Villa with Elevated Plot in Portals Nous
€8,500,000
Spain
Villa
property type
1 week ago
listed
The Habio take
AI summaryThis stunning new-build villa in Portals Nous offers modern Mediterranean luxury with exquisite craftsmanship. Located in one of Mallorca’s prestigious residential areas, it promises an exceptional lifestyle on the island's picturesque southwest coast.
- luxury
- new build
- coastal
- investment
Highlights
- Architecturally striking design
- Currently under construction
- Elevated plot with partial sea views
- Located in a prestigious residential enclave
- Blends modern luxury with craftsmanship
Worth knowing
- Price may be above average for the area
- Construction might affect some buyers' timelines
Good fit for: Ideal for those seeking a luxurious, bespoke living experience in Mallorca.
Lifestyle scores
- Beach
- 80
- Walkable
- 65
- Remote work
- 70
- Family
- 60
- Retirement
- 75
- Airport access
- 90
- Investment
- 85
- Luxury
- 95
- Value
- 50
About this place
In the heart of Portals Nous, one of Mallorca’s most prestigious residential enclaves, this architecturally striking villa redefines modern Mediterranean luxury. Currently under construction, it represents a rare opportunity to acquire a residence that blends cutting-edge design, exquisite craftsmanship, and an unrivalled location on the island’s southwest coast. Set on an elevated plot with partial […]
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
