Stylish Ground-Floor Loft Apartment with Patio in Palma Centre
€795,000€5,230/m²
Palma de Mallorca, Palma de Mallorca, Spain
2
bedrooms
2
bathrooms
152 m²
interior
Loft
property type
2 weeks ago
listed
The Habio take
AI summaryThis unique two-bedroom loft apartment boasts a private patio and plunge pool, offering an oasis of tranquility in the heart of Palma de Mallorca. Its architectural design combines openness with a curated aesthetic, ideal for those seeking modern living in a vibrant urban environment.
- city
- quiet
- luxury
Highlights
- 152 m² of internal space
- Private patio with plunge pool
- Open architectural layout
- Quiet street near Avenidas
- Thoughtfully curated interiors
- Garage included
Worth knowing
- Limited outdoor space beyond the patio
- No mention of a lift
Good fit for: Ideal for urban dwellers who appreciate modern design and outdoor relaxation.
Lifestyle scores
- Beach
- 50
- Walkable
- 85
- Remote work
- 70
- Family
- 60
- Retirement
- 65
- Airport access
- 80
- Investment
- 75
- Luxury
- 70
- Value
- 60
About this place
Located just off the Avenidas on a quiet little street, this remarkable property immediately stands out with its open architectural layout and thoughtfully curated interior design. The atmosphere is defined by clarity, calm, and an understated aesthetic rarely found in such a central urban setting – a place that instantly grounds and inspires.
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
