Apartment in Son Armadans, Palma
€290,000€2,900/m²
1
bedroom
2
bathrooms
100 m²
interior
Apartment
property type
1 week ago
listed
About this place
A second floor two bedroom apartment in the popular location of Son Armadans, Palma. The property has the possibility of converting it into a three bedroom with some remodelling. Offering approx 100M2, set on the second floor of a building without a lift, all bedrooms and the lounge are external rooms affording natural light. Modern kitchen and bathroom with a built in dual jet shower and sauna. Excellent location on the edge of Son Armandans and Pueblo Espanyol, with easy access to Palma centre, Santa Catalina and the motorway in all directions.
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.
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
