Under Construction Townhouse in Santa Catalina, Palma de Mallorca
€2,990,000€13,230/m²
Palma de Mallorca, Palma de Mallorca, Spain
4
bedrooms
3
bathrooms
226 m²
interior
155 m²
plot
Townhouse
property type
2 weeks ago
listed
The Habio take
AI summaryThis unique townhouse, currently under construction, offers 4 spacious bedrooms and a stunning rooftop terrace, situated in the vibrant Santa Catalina neighbourhood. The area is known for its trendy shops, cafés, and close proximity to Palma’s oldest food market, providing a lively urban lifestyle.
- city
- new build
- walkable
Highlights
- 4 bedrooms, 3 bathrooms
- Open plan kitchen and lounge
- Rooftop terrace with all-day sun
- Ground floor pool and terrace
- Garage parking for 1 car
- Completion expected in June 2026
Worth knowing
- Construction currently ongoing until June 2026
- Limited outdoor space due to urban setting
- No lift mentioned for access to upper floors
Good fit for: Ideal for families or those seeking a modern living space in a vibrant area.
Lifestyle scores
- Beach
- 70
- Walkable
- 80
- Remote work
- 70
- Family
- 75
- Retirement
- 60
- Airport access
- 75
- Investment
- 85
- Luxury
- 70
- Value
- 65
About this place
Located in one of Palma's most popular and trendy areas, this charming new house is situated just a stone's throw north of the heart of Santa Catalina and on a quiet street. The neighbourhood offers many restaurants, cafés and bars as well as fashion and interior design shops. It is located very close to Mercat de Santa Catalina, Palma's oldest food market, packed with stalls selling fresh gourmet products. Due to its central location, the heart of the city of Palma can be reached easily within walking distance. The residence consists of 4 floors with the pool and a terrace on the ground floor. There is also a garage with parking space for 1 car on the ground floor. The house has a stunning roof terrace with sun all day. You will enjoy a residence with spacious 4 bedrooms of the latest in design and of top quality standings, finishes and comfort, a beautiful lounge and living room with an open plan kitchen. The house is expected to be completed in June 2026.
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
