Beautiful recently built flat in AVENIDAS area
€360,000
Spain
Apartment
property type
1 week ago
listed
About this place
Beautiful recently built flat in AVENIDAS area. Modern flat located in the heart of Palma, just a few minutes from Plaza España. Investment opportunity with high profitability. Its proximity to means of transport, leisure areas, etc. The house has an area of 50 m2, fully furnished and equipped. Distributed in hall, living room, kitchen furnished and equipped with all appliances (fridge, oven, dishwasher, microwave), a bedroom and a bathroom. The equipment of the house includes parquet floors, wooden carpentry and double glazing, mosquito nets, hot and cold air conditioning. The community consists of a gym and lift.
Where you’ll be
Spain
Location is approximate — exact address is confirmed by the agent.
Open in Google MapsBuying 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.
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
