Luxurious Four-Bed Penthouse with Harbour Views in Palma
€4,990,000€23,538/m²
Palma de Mallorca, Palma de Mallorca, Spain
4
bedrooms
3
bathrooms
212 m²
interior
43 m²
plot
Penthouse
property type
2 weeks ago
listed
The Habio take
AI summaryThis exquisite four-bedroom penthouse in Palma de Mallorca boasts spectacular views of the harbour and the prestigious Club de Mar. Its prime location offers easy access to the charming old town and the cathedral, blending modern luxury with rich local culture.
- beach
- luxury
- city
- new build
Highlights
- Four spacious bedrooms
- High-end finishes throughout
- Modern home automation
- Access to underground parking
- Community pool and garden
- Proximity to Palma's historic centre
Worth knowing
- High price point for the area
- Limited plot size for outdoor space
Good fit for: Ideal for those seeking luxury living in a vibrant coastal city.
Lifestyle scores
- Beach
- 90
- Walkable
- 85
- Remote work
- 75
- Family
- 70
- Retirement
- 80
- Airport access
- 80
- Investment
- 85
- Luxury
- 90
- Value
- 60
About this place
Right next to the prestigious new "Club de Mar", an experienced German property developer has completed 15 exclusive flats with fantastic views of the harbour of Palma. The modern flats offer a constructed area of 78 m² to 212 m², one to four bedrooms, and the construction and finishes are high-end in the new-build segment. The luxurious properties are equipped with air conditioning, underfloor heating and home automation and are located in a luxury residence with lift, underground parking, garden and pool, just a few minutes from the old town and the cathedral in Palma. Whether you are looking for a beautiful ground floor flat or a spectacular penthouse - nothing is left to be desired here. Please do not hesitate to contact us at any time for further information or a viewing.
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
