Renovated Apartment with Stunning Sea Views in Illetas
€890,000
Spain
Apartment
property type
2 days ago
listed
The Habio take
AI summaryThis charming 82 sqm apartment offers breathtaking southeast-facing sea views and is located in the desirable neighbourhood of Illetas, renowned for its proximity to sandy beaches and just 15 minutes from Palma centre. Completely refurbished in 2025, this property combines modern living with coastal charm.
- beach
- coastal
- investment
- luxury
- walkable
Highlights
- Refurbished in 2025
- Stunning southeast sea views
- Sought-after Illetas neighbourhood
- Short walk to sandy beach
- 15 minutes from Palma city centre
Worth knowing
- 7th floor location may require use of stairs if no lift available
Good fit for: Ideal for buyers seeking a modern coastal lifestyle with easy access to city amenities.
Lifestyle scores
- Beach
- 90
- Walkable
- 80
- Remote work
- 70
- Family
- 65
- Retirement
- 80
- Airport access
- 75
- Investment
- 85
- Luxury
- 88
- Value
- 70
About this place
Charming apartment located in the sought-after neighborhood of Illetas, known for its stunning position in the southwest of Mallorca, just a short walk from the sandy beach and 15 minutes from Palma centre. This flat, positioned on the 7th floor, has been completely refurbished in 2025, and offers breathtaking southeast-facing sea views. Spanning 82 sqm, […]
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
