New Two-Bed Apartment in Santa Catalina, Palma de Mallorca
€999,000€13,145/m²
Palma de Mallorca, Palma de Mallorca, Spain
2
bedrooms
2
bathrooms
76 m²
interior
Apartment
property type
6 Jun 2026
listed
The Habio take
AI summaryThis newly constructed two-bedroom apartment is part of an exclusive development located between Santa Catalina and Son Espanyolet, just a 10-minute walk from Palma's historic centre. With a focus on sustainable living and luxury design, this property offers a contemporary lifestyle in one of Mallorca's most vibrant districts.
- city
- walkable
- luxury
- new build
- beach
Highlights
- New construction with high-quality materials
- Prime location near Palma's old town
- Access to private communal areas and a pool
- State-of-the-art gym facilities
- Parking with electric vehicle charging stations
Worth knowing
- Limited information on nearby amenities
- Higher price point may not suit all budgets
Good fit for: Ideal for those seeking a modern urban lifestyle with easy access to local culture.
Lifestyle scores
- Beach
- 70
- Walkable
- 85
- Remote work
- 70
- Family
- 60
- Retirement
- 65
- Airport access
- 75
- Investment
- 80
- Luxury
- 90
- Value
- 50
About this place
This exclusive new development is being built directly between the districts of Santa Catalina and Son Espanyolet, only a 10-minute walk from Palma's old town and 5 minutes from the Palma, Sport and Tennis Club. The liveliest places in Palma - from their terraces you can experience the Mallorcan life of both districts. A place to breathe and enjoy the Mediterranean lifestyle. This sustainable building, where quality is paramount, guarantees quality materials, comfort and well-being. A design with elegance and attention to detail. In total, this innovative luxury project comprises 25 flats, 3 of which are duplex penthouses with sunny, private roof terraces and an additional 2 pubs on the ground floor. The luxury apartments offer either 1,2 or 3 bedrooms as well as a comfortable living room with integrated kitchen, which extends far beyond the large window front to the comfortable terrace. The complex is spread over a total of 5 floors. From the imposing entrance area, you can take two lifts up to your flat or down to the double-level parking garage. There you will find parking spaces with charging stations for electric vehicles, bicycle racks and storage rooms, which can be purchased separately. The exclusive communal area with plenty of privacy is located in the rear courtyard of the building and includes a communal terrace with an illuminated pool with waterfall, a small garden and sunbathing areas. The fully equipped gym is connected to the common areas of the building with large glass panels. This state-of-the-art project comprises 3 different design lines. The price includes the design line "Insula Light". There is the possibility to choose the design lines "Shine" or "Glam Style" for an extra charge. We would be pleased to present this project to you. Do not hesitate to contact one of our FIRST MALLORCA real estate offices.
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











