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Palma, Spain

Stylish Three-Bedroom Flat in Central Palma

€445,000

€4,406/m²

Great value39% below the typical price per m² for apartments in Palma
3
Bedrooms
2
Bathrooms
101 m²
Interior
Apartment
Type
12 Aug 2026
Listed

The Habio take

AI summary

This refurbished three-bedroom apartment in central Palma combines modern comfort with an excellent investment opportunity. Located near Plaza España, it offers easy access to the city's vibrant amenities.

  • investment
  • city
  • walkable

Highlights

  • Fully refurbished
  • Open-plan designer kitchen
  • High-quality finishes
  • Double glazed windows
  • Current rental income of €1250/month

Worth knowing

  • Current tenants in place for two years

Good fit for: Ideal for investors looking for a stable rental income in a prime location.

Lifestyle scores

Beach
50
Walkable
85
Remote work
70
Family
60
Retirement
55
Airport access
75
Investment
85
Luxury
80
Value
65

About this place

This exquisite 100 m² flat has been completely refurbished to a high standard, making it an ideal investment opportunity in a sought-after location in Palma, close to the popular Plaza España.

The stylish living and dining room features a modern, open-plan designer kitchen that perfectly complements the space, making it perfect for socialising. The flat comprises three spacious bedrooms and two elegant bathrooms that meet the highest standards.

High-quality features include double glazed windows, automatic blinds, and air conditioning that regulates both hot and cold air to ensure optimum comfort throughout the year. Currently let, the flat has tenants with a remaining term of two years paying a monthly rent of €1250, offering a stable return for investors.

What this place offers

  • air conditioning

Getting around

  • Nearest beach · Playa Can Pere Antoni

    ~3 min drive · 1.6 km

    Good water quality
  • Palma de Mallorca (PMI)

    ~9 min drive · 8.0 km

Approximate, measured from the property's area rather than its exact address. Drive times © OpenStreetMap contributors (OSRM); airports: OurAirports; bathing water: European Environment Agency, 2024 season.

Where you’ll be

Palma, Spain

Nearest airport
Palma de Mallorca (PMI)
7 km
Also close
Ibiza (Eivissa) (IBZ)
136 km
Nearest city
Barcelona
205 km

Marker is the location supplied by the agency — approximate, and often deliberately so. The exact address is confirmed on enquiry. Distances are straight-line.

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.

  • 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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