Luxury Penthouse with Spectacular Harbour Views in Bonanova
€4,200,000€19,444/m²
Bonanova & Son Armadans, Bonanova & Son Armadans, Spain
3
bedrooms
3
bathrooms
216 m²
interior
1 m²
plot
Penthouse
property type
7 Jun 2026
listed
The Habio take
AI summaryThis opulent three-bedroom penthouse boasts breathtaking views over Palma's Bay, located in the exclusive Bonanova area. Set in a residential complex opposite the prestigious Club de Mar, currently undergoing extensive renovations, this property offers a unique urban living experience.
- luxury
- beach
- city
- family
Highlights
- 216 m² of luxury living space
- Three spacious bedrooms & bathrooms
- Prime location near Palma's Club de Mar
- Exclusive residential complex with premium amenities
- Panoramic views of the harbour and bay
Worth knowing
- Higher price point may limit budget options
- Renovation works in the vicinity may cause temporary disruption
Good fit for: Ideal for affluent buyers seeking an exclusive lifestyle by the sea.
Lifestyle scores
- Beach
- 90
- Walkable
- 60
- Remote work
- 78
- Family
- 75
- Retirement
- 80
- Airport access
- 85
- Investment
- 85
- Luxury
- 95
- Value
- 50
About this place
This luxury penthouse is located in an exclusive residential complex directly in front of Palma's sophisticated harbor Club de Mar, which is currently being renovated for 60 million euros. Completion is expected for the end of 2023.
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
