Modern Apartment with Community Pool in Palma
€2,900,000
Spain
Apartment
property type
3 weeks ago
listed
The Habio take
AI summaryThis contemporary apartment in Palma offers a luxurious living experience with access to a community pool. Located near the charming area of Portixol, it combines modern design with the natural beauty of Mallorca's coastline.
- beach
- luxury
- coastal
- new build
Highlights
- New build with state-of-the-art equipment
- Access to community pool
- Timeless design and high-quality finishes
- Ideal location near Portixol
- Close to local amenities
Worth knowing
- High price point may not suit all buyers
- Limited outdoor space directly associated with the apartment
Good fit for: This property is ideal for those seeking a luxury lifestyle in a vibrant coastal city.
Lifestyle scores
- Beach
- 90
- Walkable
- 75
- Remote work
- 70
- Family
- 65
- Retirement
- 75
- Airport access
- 85
- Investment
- 80
- Luxury
- 90
- Value
- 50
About this place
Your dream of home ownership on Europe’s most beautiful island comes true – here you can see the community pool and some items of the new build apartments in Palma. These properties are characterized by state-of-the-art equipment and timeless design. Each living option has been carefully designed to offer the highest comfort and quality of […]
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
