Luxurious New Build Townhouse in Vibrant St. Catalina, Palma
€2,290,000
Spain
Townhouse
property type
4 days ago
listed
The Habio take
AI summaryThis newly built, luxurious townhouse offers a blend of modern comfort and style in the vibrant St. Catalina neighbourhood of Palma. Located just steps from the famous market and an array of charming cafés and restaurants, it’s ideal for those seeking a cosmopolitan lifestyle in a picturesque setting.
- luxury
- city
- walkable
- new build
Highlights
- Three spacious bedrooms
- Two modern bathrooms (one en suite)
- Open-plan living areas
- Private terrace with pool
- Close to local amenities
Worth knowing
- Potential for noise from nearby market and cafés
- No mention of parking provided
Good fit for: Best suited for buyers looking for a stylish urban lifestyle with access to amenities.
Lifestyle scores
- Beach
- 70
- Walkable
- 90
- Remote work
- 75
- Family
- 60
- Retirement
- 65
- Airport access
- 85
- Investment
- 80
- Luxury
- 90
- Value
- 65
About this place
Discover the epitome of luxury in this newly built, three-storey townhouse in the vibrant St. Catalina neighborhood of Palma. Just steps away from the famous market, charming cafés and first-class restaurants, this property offers unparalleled comfort and style, with three spacious bedrooms and two modern bathrooms, one of which is en suite. The elegant, open […]
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
