Stylish Loft Conversion of Former Cinema in St. Catalina
€3,200,000
Spain
Loft
property type
5 days ago
listed
The Habio take
AI summaryThis exceptional loft, converted from a historic cinema, boasts impressive 6-metre high ceilings, creating a spacious and dramatic interior. Situated in St. Catalina, a vibrant area known for its cultural offerings and proximity to central amenities, this property promises a unique urban living experience.
- city
- historic
- luxury
- remote work
Highlights
- Converted from a historic cinema
- Impressive 6-metre high ceilings
- Unique architectural features
- Private terrace for outdoor space
- Vibrant St. Catalina location
Worth knowing
- No mention of parking availability
- Potential noise from nearby nightlife
Good fit for: Ideal for those seeking a distinctive urban living space with character.
Lifestyle scores
- Beach
- 20
- Walkable
- 85
- Remote work
- 80
- Family
- 40
- Retirement
- 30
- Airport access
- 70
- Investment
- 75
- Luxury
- 90
- Value
- 60
About this place
This property is truly one of a kind. Being an old cinema, which has been completely refurbished and reinforced, is now waiting for it’s new owner. Entering this gem your breath will come to a stop, as your mind will be more than impressed by nearly 6 meter high ceilings. This property was completely reformed […]
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
