Contemporary Beach House Steps from the Promenade in Molinar
€2,950,000
Spain
House
property type
3 weeks ago
listed
The Habio take
AI summaryThis exceptional beach house in Molinar, Palma, boasts a stunning patio perfect for outdoor living, just steps from the seaside promenade. Enjoy the blend of Mediterranean charm and modern elegance in one of the city's most sought-after coastal locations.
- beach
- coastal
- luxury
- walkable
Highlights
- Approx. 130m² of living space
- 53m² patio for outdoor entertaining
- Close proximity to the seaside promenade
- Desirable coastal setting in Palma
- Ideal for indoor-outdoor living
Worth knowing
- Higher price point may limit access
- Limited privacy due to proximity to promenade
Good fit for: Ideal for those seeking a blend of luxury and coastal lifestyle.
Lifestyle scores
- Beach
- 90
- Walkable
- 85
- Remote work
- 70
- Family
- 60
- Retirement
- 75
- Airport access
- 80
- Investment
- 85
- Luxury
- 90
- Value
- 55
About this place
Just a few steps from the seaside promenade of Molinar in Palma, this exceptional beach house combines Mediterranean charm with contemporary elegance in one of the city’s most desirable coastal settings. Offering approx. 130m² of constructed living space, the property is designed for effortless indoor-outdoor living, featuring a stunning 53m² patio with lounge and dining […]
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
