Spacious Three-Bedroom Apartment in Palma de Mallorca's Old Town
€1,650,000€8,168/m²
Palma de Mallorca, Balearic Islands, Spain
3
bedrooms
2
bathrooms
202 m²
interior
Apartment
property type
29 May 2026
listed
The Habio take
AI summaryThis bright and recently renovated three-bedroom apartment, boasting high ceilings and a lift, is a charming find in the peaceful heart of Palma de Mallorca. Ideal for those seeking vibrant city living with a touch of historic character.
- city
- historic
- quiet
Highlights
- 202 m² internal area
- High ceilings
- Lift access
- Quiet location in old town
- Rental parking space available
Worth knowing
- Potentially limited outdoor space
- Higher cost for maintenance in historic areas
Good fit for: Ideal for buyers looking for a spacious home in a historic urban setting.
Lifestyle scores
- Beach
- 60
- Walkable
- 90
- Remote work
- 70
- Family
- 65
- Retirement
- 75
- Airport access
- 85
- Investment
- 80
- Luxury
- 75
- Value
- 50
About this place
Bright, spacious, recently renovated apartment, full of character and with high ceilings, with a lift and rental parking space in a quiet location in the old town of Palma de Mallorca.
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.
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
