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Luxury Three-Bed Penthouse in Santa Catalina, Palma

€2,599,000€20,147/m²

Palma de Mallorca, Palma de Mallorca, Spain

  • 3

    bedrooms

  • 2

    bathrooms

  • 129 m²

    interior

  • Penthouse

    property type

  • 6 Jun 2026

    listed

The Habio take

AI summary

This contemporary three-bedroom penthouse in Santa Catalina features a spacious 129m² interior and luxurious design, complemented by a private roof terrace. Located just a short stroll from Palma's vibrant old town and the Palma Sport and Tennis Club, it epitomises Mediterranean living.

  • luxury
  • city
  • beach
  • remote work
  • investment

Highlights

  • Three bedrooms and two bathrooms
  • Private roof terrace with sunny views
  • State-of-the-art gym and communal pool
  • Sustainable building with quality materials
  • Parking with EV charging stations

Worth knowing

  • Could be a higher price than some local alternatives
  • Not directly on the beachfront

Good fit for: Ideal for those seeking a modern lifestyle in a vibrant urban area.

Lifestyle scores

Beach
65
Walkable
70
Remote work
80
Family
70
Retirement
75
Airport access
80
Investment
85
Luxury
90
Value
60

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.

ES

Buying property in Spain

Full guide →

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. 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. 2

    Open a Spanish bank account

    Needed for the deposit, taxes, mortgage payments, and utilities.

  3. 3

    Engage an independent lawyer

    Lawyer runs title, debts, planning, and community-of-owners checks — the notario will not.

  4. 4

    Reservation contract

    Small deposit (€3,000–€10,000) takes the property off the market while due diligence runs.

  5. 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. 6

    Sign the escritura pública

    Final public deed signed before a notario; balance and taxes paid; keys handed over.

  7. 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

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