Newly Built Harbour View Apartment in Palma's Paseo Marítimo
€1,300,000€11,504/m²
Paseo Marítimo, Paseo Marítimo, Spain
2
bedrooms
2
bathrooms
113 m²
interior
21 m²
plot
Apartment
property type
2 weeks ago
listed
The Habio take
AI summaryThis stunning two-bedroom apartment, currently under construction, boasts breathtaking views over the harbour of Palma. Located on the iconic Paseo Marítimo, it offers an enviable lifestyle with vibrant waterfront living at your doorstep.
- beach
- coastal
- new build
- luxury
- city
Highlights
- Spectacular harbour views
- 2 bedrooms, 2 bathrooms
- High-quality kitchen fittings
- Choice of natural stone or parquet floors
- Prime location on the Passeo Marítimo
Worth knowing
- Construction phase may cause disruptions
- Limited outdoor space
Good fit for: Ideal for buyers seeking a modern waterfront lifestyle in Palma.
Lifestyle scores
- Beach
- 90
- Walkable
- 85
- Remote work
- 75
- Family
- 60
- Retirement
- 70
- Airport access
- 80
- Investment
- 85
- Luxury
- 90
- Value
- 50
About this place
This apartment under construction in a prime location on the Paseo Marítimo enjoys a maximum of natural light and truly incredible views over the harbour of Palma, thanks to a carefully planned design. The 2 bedroom property has 2 bathrooms and a kitchen with top quality fittings. For its interior, you can choose between natural stone floors and natural parquet.
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
