Modern Apartment with Community Pool in Palma
€990,000
Spain
Apartment
property type
2 days ago
listed
The Habio take
AI summaryThis contemporary apartment offers a stylish living space complemented by a community pool, perfect for enjoying the sunshine. Located in Palma, known for its beautiful coastline and vibrant atmosphere, this property is an ideal choice for those seeking modern comforts in a desirable location.
- city
- beach
- luxury
- new build
- investment
Highlights
- Modern design with state-of-the-art equipment
- Community pool for relaxation
- Located in the vibrant city of Palma
- Close proximity to the beach and local amenities
- Ideal for luxury living on Mallorca
Worth knowing
- Higher price point may limit some buyers
- No specific mention of parking facilities
Good fit for: Well-suited for buyers looking for a modern lifestyle in a prime location.
Lifestyle scores
- Beach
- 80
- Walkable
- 85
- Remote work
- 75
- Family
- 60
- Retirement
- 70
- Airport access
- 90
- Investment
- 85
- Luxury
- 80
- Value
- 65
About this place
Your dream of home ownership on Europe’s most beautiful island comes true – here you can see the community pool and some itmes of the new build apartments in Palma. These properties are characterized by state-of-the-art equipment and timeless design. Each living option has been carefully designed to offer the highest comfort and quality of […]
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
