Stunning Duplex Apartment in Historic Calatrava, Palma
€1,235,000
Spain
Apartment
property type
3 weeks ago
listed
The Habio take
AI summaryThis beautifully renovated duplex apartment in Palma's historic Calatrava district offers two spacious bedrooms, each with en-suite bathrooms, within a charming building just steps from the Cathedral and Parc de la Mar. Enjoy the vibrant culture and historic allure of Palma right at your doorstep.
- historic
- city
- luxury
- walkable
Highlights
- Two spacious bedrooms with en-suite bathrooms
- Stylish powder room for guests
- Historic Calatrava district location
- Close proximity to Cathedral and Parc de la Mar
- One of only eight apartments in the building
Worth knowing
- Higher price point compared to other areas
- Not specified if there is parking available
Good fit for: Ideal for those seeking a luxurious urban lifestyle in a historic setting.
Lifestyle scores
- Beach
- 50
- Walkable
- 90
- Remote work
- 70
- Family
- 60
- Retirement
- 65
- Airport access
- 80
- Investment
- 75
- Luxury
- 85
- Value
- 40
About this place
Nestled in Palma’s historic Calatrava district, just steps from the Cathedral and Parc de la Mar, this beautifully renovated 144m² duplex apartment is one of only eight in this exquisite historic building. The apartment offers two spacious bedrooms, each with en-suite bathrooms, complemented by a stylish powder room. The warm ambiance of the living spaces […]
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
