Luxury Three-Bed Duplex Apartment in Historic Palma
€2,300,000€9,465/m²
Palma de Mallorca, Balearic Islands, Spain
3
bedrooms
3
bathrooms
243 m²
interior
Apartment
property type
29 May 2026
listed
The Habio take
AI summaryThis elegant luxury duplex apartment boasts 3 en-suite bedrooms and spacious interiors, making it an ideal choice for upscale living. Located in the historic centre of Palma de Mallorca, the property is just steps away from Las Ramblas and Paseo del Borne, two of the city's most vibrant areas.
- luxury
- city
- historic
Highlights
- 3 en-suite bedrooms
- Designer kitchen
- Spacious 243 m² internal area
- Prestigious period building
- Prime location near cultural hotspots
Worth knowing
- High price point
- Potential for noise in a central location
Good fit for: Perfect for buyers seeking a luxurious urban lifestyle in a historic setting.
Lifestyle scores
- Beach
- 80
- Walkable
- 90
- Remote work
- 70
- Family
- 60
- Retirement
- 75
- Airport access
- 70
- Investment
- 85
- Luxury
- 95
- Value
- 50
About this place
Elegant luxury duplex apartment in Palma de Mallorca’s historic centre, featuring 3 en-suite bedrooms, designer kitchen, and spacious interiors within a prestigious period building near Las Ramblas and Paseo del Borne.
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
