New Townhouse with Pool in Sought-After Son Españolet
€3,500,000
Spain
Townhouse
property type
1 week ago
listed
The Habio take
AI summaryThis newly completed townhouse offers modern luxury with a private pool and terrace, situated in the desirable Son Espanyolet neighbourhood. Its prime location is close to the vibrant Santa Catalina district and the scenic Paseo Marítimo in Palma, making it an ideal choice for both relaxation and leisure.
- luxury
- pool
- walkable
- city
- family
Highlights
- Newly completed luxury townhouse
- Private pool and terrace
- Quiet street in Son Espanyolet
- Close to Santa Catalina and Paseo Marítimo
- Near Palma Tennis Club
- 137m² plot area
Worth knowing
- Higher price point for the area
- Potential for noise from nearby districts
- Limited outdoor space
- Car likely needed for some amenities
Good fit for: Ideal for those seeking a luxurious lifestyle in a vibrant urban setting.
Lifestyle scores
- Beach
- 80
- Walkable
- 80
- Remote work
- 75
- Family
- 70
- Retirement
- 65
- Airport access
- 90
- Investment
- 85
- Luxury
- 90
- Value
- 60
About this place
Nestled on a serene street in the coveted Son Espanyolet neighborhood, this newly completed townhouse embodies modern luxury and convenience. Just a stone’s throw from the bustling Santa Catalina district, the picturesque Paseo Marítimo, and the renowned Palma Tennis Club, this location is one of Mallorca’s most desirable. Set on a 137m² plot, this exquisite […]
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
