Refurbished Three-Bedroom Apartment with Sea Views in Palma
€1,550,000€6,710/m²
Palma de Mallorca, Palma de Mallorca, Spain
3
bedrooms
3
bathrooms
231 m²
interior
475 m²
plot
Apartment
property type
7 Jun 2026
listed
The Habio take
AI summaryThis stunning, newly refurbished three-bedroom apartment boasts sea views and is located along the vibrant seafront promenade of Palma. The area is becoming a culinary hotspot with high-end restaurants and easy access to shopping and amenities.
- beach
- city
- luxury
- walkable
Highlights
- Spacious 231 m² living area
- Three good-sized bedrooms with terraces
- High-quality finishes and modern features
- Community swimming pool and porter service
- Direct access to Porto Pi shopping centre
Worth knowing
- Elevator access may be limited during busy times
- High-end market may not suit all budgets
Good fit for: Ideal for those seeking a luxury seaside lifestyle in a bustling urban setting.
Lifestyle scores
- Beach
- 90
- Walkable
- 90
- Remote work
- 80
- Family
- 75
- Retirement
- 70
- Airport access
- 85
- Investment
- 85
- Luxury
- 90
- Value
- 60
About this place
This spectacular newly refurbished apartament with sea views is located on the seafront promenade of Palma, currently becoming a boulevard and with new projects of restaurants of high culinary level. The property has a living area of 230 m2 and is distributed in a spacious living-dining room, an open plan kitchen with island, three good sized bedrooms with terrace and two bathrooms of which one en suite. The property is finished to a very high standard with individually regulated, energy efficient central air conditioning, modern ceiling fans, decalcified water, armoured door and fitted wardrobes throughout the house. The location of the property offers a lot of privacy with unobstructed views from any point of the house and has a porter service, a bicycle room and three lifts in the building. The community has direct access to the Porto Pi shopping centre, children's playground and has a communal swimming pool. For more information please do not hesitate to contact your First Mallorca rental agent.
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
