Historic Restored Villa with Pool and Valley Views in Bonanova
€3,350,000€4,685/m²
Bonanova & Son Armadans, Bonanova & Son Armadans, Spain
5
bedrooms
6
bathrooms
715 m²
interior
1 m²
plot
Villa
property type
7 Jun 2026
listed
The Habio take
AI summaryThis stunning five-bedroom villa combines over 300 years of history with modern luxury, offering beautiful valley views. Nestled in the quiet residential area of Bonanova, it's just five minutes from Palma, giving you a blend of tranquillity and city access.
- luxury
- pool
- garden
- historic
- city
- retirement
Highlights
- 5 bedrooms and 6 bathrooms
- Extensive internal area of 715 m²
- Renovated with meticulous attention to detail
- Pool with stunning valley views
- Large plot size of 1,358 m²
Worth knowing
- Potentially high maintenance for historic features
- Located in a residential area may limit foot traffic
Good fit for: Ideal for those seeking a spacious luxury home close to Palma.
Lifestyle scores
- Beach
- 60
- Walkable
- 50
- Remote work
- 70
- Family
- 80
- Retirement
- 85
- Airport access
- 70
- Investment
- 75
- Luxury
- 90
- Value
- 65
About this place
This incredible property is more than 300 years old but has been totally refurbished and restored with great care and attention to detail. It is located in Bonanova in a residential area and is offering unbelievable views over the green valley.
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
