Luxury Sea View Penthouse in Tranquil Bonanova
€1,200,000€4,000/m²
Bonanova & Son Armadans, Bonanova & Son Armadans, Spain
3
bedrooms
3
bathrooms
300 m²
interior
21 m²
plot
Penthouse
property type
7 Jun 2026
listed
The Habio take
AI summaryThis exquisite three-bedroom penthouse offers stunning views over Palma bay and the city, situated in the peaceful residential area of La Bonanova. Enjoy a luxurious lifestyle in a low-density community just seven minutes from Palma’s vibrant centre.
- luxury
- sea view
- pool
- garden
- quiet
- city
- family
Highlights
- 300 m² of internal space
- Three en-suite bedrooms plus guest toilet
- Exclusive use of a spacious terrace and rooftop
- Access to a large community pool and manicured gardens
- Fully equipped gym available
- Quiet residential setting close to Belver Park
Worth knowing
- Car likely needed for daily errands
- Higher price point may limit affordability
Good fit for: Ideal for those seeking a luxurious lifestyle in a tranquil environment.
Lifestyle scores
- Beach
- 60
- Walkable
- 65
- Remote work
- 70
- Family
- 75
- Retirement
- 85
- Airport access
- 70
- Investment
- 80
- Luxury
- 90
- Value
- 55
About this place
This bright and spacious 3 bedroom sea view penthouse apartment is a part of a small luxury community of only 23 units. Consisting of 3 double bedrooms and 3 en-suite bathrooms as well as a guest toilet, benefitting from a beautiful and tranquil terrace and a roof to terrace for exclusive use with phenomenal views over the Palma bay and the city. Situated in a tranquil green surrounding of La Bonanova, a quiet residential area overlooking the green expanse of the Belver Park, only 7 minutes from the center of Palma. The luxury low-density complex boasts a fantastic large community pool as well as manicured gardens with a view to the Cathedral and Palma bay from its elevated position. In addition, there is a fuly equipped gym, bathrooms and a cozy community meeting room.
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
