Stylish Three-Bedroom Flat in Central Palma
€445,000€4,406/m²
3
bedrooms
2
bathrooms
101 m²
interior
Apartment
property type
4 weeks ago
listed
The Habio take
AI summaryThis 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
Where you’ll be
Palma, Spain
Location is approximate — exact address is confirmed by the agent.
Open in Google MapsBuying 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
