Spacious Three-Bedroom Flat in the Heart of Palma
€750,000€5,137/m²
Palma de Mallorca, Palma de Mallorca, Spain
3
bedrooms
2
bathrooms
146 m²
interior
Apartment
property type
2 weeks ago
listed
The Habio take
AI summaryThis beautifully renovated three-bedroom apartment offers 146 m² of space in the desirable Sta. Catalina/Tenis Mallorca area. Enjoy a blend of central living and peaceful surroundings, with easy access to the vibrant centre of Palma and the scenic Paseo Marítimo promenade.
- city
- walkable
- family
- historic
Highlights
- Three spacious bedrooms
- Close to vibrant Santa Catalina neighbourhood
- Near Bellver Castle and natural parks
- Access to public transport and amenities
- Peaceful yet central location
Worth knowing
- Limited information on parking availability
- No lift mentioned
Good fit for: Ideal for families or professionals seeking a central yet tranquil lifestyle.
Lifestyle scores
- Beach
- 70
- Walkable
- 85
- Remote work
- 70
- Family
- 80
- Retirement
- 60
- Airport access
- 80
- Investment
- 75
- Luxury
- 70
- Value
- 65
About this place
The flat is located in one of the most sought-after areas of Palma. From the Tenis Mallorca area, you can easily reach the centre of Palma, either through the emblematic Santa Catalina neighbourhood or along the famous Paseo Marítimo promenade. It is also very close to Bellver Castle, allowing you to enjoy its natural surroundings. In short, it is a central yet quiet area, very close to all the amenities you could need: restaurants, public transport, leisure facilities, shops and schools.
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
