Renovated Four-Bedroom Apartment with Panoramic Views in Palma
€3,350,000€12,885/m²
Palma de Mallorca, Palma de Mallorca, Spain
4
bedrooms
4
bathrooms
260 m²
interior
Apartment
property type
2 weeks ago
listed
The Habio take
AI summaryThis stunning four-bedroom apartment offers 260 sqm of luxury living space, beautifully renovated with high-quality materials and contemporary design. Nestled in the prestigious Paseo Marítimo area of Palma de Mallorca, it enjoys exquisite views and an enviable location.
- luxury
- city
- beach
Highlights
- 260 sqm of living space
- Four spacious bedrooms
- Luxuriously renovated with high-end materials
- Panoramic views over the Paseo Marítimo
- Prestigious location in Palma
Worth knowing
- High price point may limit accessibility
- No mention of outdoor space or balcony
Good fit for: Ideal for discerning buyers seeking luxury and style in a prime location.
Lifestyle scores
- Beach
- 90
- Walkable
- 75
- Remote work
- 70
- Family
- 65
- Retirement
- 80
- Airport access
- 80
- Investment
- 85
- Luxury
- 90
- Value
- 50
About this place
This exquisitely reformed apartment, boasting 260 sqm of living space, is located in one of Palma’s most sought-after addresses — the prestigious Paseo Marítimo. It offers an exceptional blend of luxury, comfort, and contemporary style, with every detail carefully crafted using only the finest materials and top-tier brands.
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
