Elegant Three-Bedroom Apartment with Panoramic Views in Palma
€1,250,000€6,906/m²
Palma de Mallorca, Palma de Mallorca, Spain
3
bedrooms
2
bathrooms
181 m²
interior
475 m²
plot
Apartment
property type
6 Jun 2026
listed
The Habio take
AI summaryThis stunning three-bedroom apartment boasts exceptional views over the marina, city and cathedral, positioned on the prestigious Paseo Marítimo. Ideally located in Palma de Mallorca, it offers a vibrant coastal lifestyle with easy access to amenities and attractions.
- beach
- coastal
- luxury
- city
- historic
Highlights
- Stunning panoramic views over the marina and Palma
- Spacious interior of 181 m²
- Prestigious Paseo Marítimo location
- Large plot size of 475 m²
- Close proximity to city attractions
Worth knowing
- High price point for the market
- Potential noise from the busy Paseo Marítimo
Good fit for: Ideal for those seeking a luxurious coastal lifestyle in Palma.
Lifestyle scores
- Beach
- 85
- Walkable
- 80
- Remote work
- 70
- Family
- 60
- Retirement
- 65
- Airport access
- 90
- Investment
- 75
- Luxury
- 80
- Value
- 50
About this place
Beautiful 3-bedroom apartment located on the prestigious Paseo Marítimo in Palma, offering stunning panoramic views over the marina, the city and the cathedral.
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
