Stylish Five-Bedroom Luxury Villa by Bellver Castle
€10,000,000€16,313/m²
El Terreno, El Terreno, Spain
5
bedrooms
6
bathrooms
613 m²
interior
833 m²
plot
Villa
property type
2 weeks ago
listed
The Habio take
AI summaryThis exceptional five-bedroom villa in El Terreno offers a blend of historic charm and modern elegance, set against the picturesque backdrop of Bellver Castle. Enjoy the tranquility of this prestigious district while being close to Palma’s vibrant culture and coastline.
- luxury
- garden
- pool
- historic
- city
- coastal
Highlights
- Fully renovated historic villa from 1920
- Private elevator access
- Spacious garden with swimming pool area
- Three storeys of luxury living space
- Close proximity to Bellver Castle
Good fit for: Ideal for buyers seeking a premium living experience in a historic location.
Lifestyle scores
- Beach
- 65
- Walkable
- 75
- Remote work
- 80
- Family
- 75
- Retirement
- 70
- Airport access
- 90
- Investment
- 85
- Luxury
- 95
- Value
- 50
About this place
In the heart of the prestigious El Terreno district, situated at the foot of Bellver Castle, you’ll find this fully renovated luxury villa from 1920—a perfect blend of historic charm and modern design. The three‑storey property, featuring a private elevator, spacious garden, and separate swimming pool area, provides the utmost in comfort, style, and Mediterranean living.
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
