Contemporary Luxury Finca in Binissalem with Mountain Views
€7,995,000
Spain
Farm
property type
4 weeks ago
listed
The Habio take
AI summaryThis exquisite finca under construction in Binissalem stands out for its contemporary luxury design, nestled amidst the picturesque vineyards and the stunning Tramuntana mountains. Situated close to Palma, it combines serene rural living with urban accessibility.
- luxury
- countryside
- investment
Highlights
- Four spacious bedrooms
- Modern design with luxury finishes
- Set in rolling vineyards
- Proximity to Tramuntana mountains
- Short drive to Palma
Worth knowing
- Not yet completed
- Potential construction delays
Good fit for: Ideal for those seeking a luxurious rural retreat near urban conveniences.
Lifestyle scores
- Beach
- 60
- Walkable
- 50
- Remote work
- 70
- Family
- 75
- Retirement
- 80
- Airport access
- 65
- Investment
- 85
- Luxury
- 90
- Value
- 55
About this place
In the heart of the charming town of Binissalem, embraced by rolling vineyards and the dramatic Tramuntana mountains, this contemporary luxury finca offers a refined sanctuary where modern design meets the timeless beauty of Mallorca, with the vibrant city of Palma just a short drive away. The residence features four generously sized bedrooms, each with […]
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
