Two-Bedroom Apartment with Harbour Views in Palma de Mallorca
€650,000€7,558/m²
Palma de Mallorca, Palma de Mallorca, Spain
2
bedrooms
1
bathroom
86 m²
interior
Apartment
property type
6 Jun 2026
listed
The Habio take
AI summaryThis two-bedroom apartment offers partial harbour views and is situated in a prestigious building next to the Porto Pi commercial centre. Located in the vibrant city of Palma de Mallorca, it combines urban living with convenient access to retail and dining options.
- city
- investment
- walkable
Highlights
- Prestigious building
- Partial harbour views
- Close to Porto Pi commercial centre
- Well-established community
- 86 m² of living space
Worth knowing
- Limited privacy due to shared building
- Potential noise from nearby commercial activities
Good fit for: Ideal for buyers seeking a modern city dwelling with convenient amenities nearby.
Lifestyle scores
- Beach
- 50
- Walkable
- 85
- Remote work
- 70
- Family
- 60
- Retirement
- 65
- Airport access
- 80
- Investment
- 75
- Luxury
- 70
- Value
- 60
About this place
This apartment is located within a well established community and enjoying partial harbour views.
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
