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Charming Three-Bed Apartment in Sought-After El Molinar

€495,000€6,188/m²

Palma, Spain

  • 3

    bedrooms

  • 2

    bathrooms

  • 80 m²

    interior

  • Apartment

    property type

  • 4 weeks ago

    listed

The Habio take

AI summary

This enchanting three-bedroom apartment in El Molinar features a delightful small balcony and modern amenities. Just one minute from the sea and promenade, it perfectly embodies the Mediterranean lifestyle in Palma.

  • beach
  • coastal
  • family
  • new build

Highlights

  • Three bedrooms
  • Two bathrooms (one en suite)
  • Small balcony
  • Air conditioning for comfort
  • Desirable El Molinar location
  • One minute from the sea

Worth knowing

  • No lift access in the building
  • Size may be small for larger families

Good fit for: Ideal for families or individuals seeking a stylish coastal lifestyle.

Lifestyle scores

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

About this place

Located in the highly desirable neighbourhood of El Molinar in Palma, this charming 80-square-metre apartment offers an excellent opportunity to enjoy the beauty of Mediterranean living. With three bedrooms and two bathrooms, including an en suite, this home is well-equipped for comfort and privacy.

Situated on the second floor of a building without an elevator, the layout includes a spacious living/dining area that seamlessly connects to an open-plan kitchen. The property is designed with modern convenience in mind, featuring air conditioning systems for both heating and cooling in most rooms, ensuring comfort throughout the year.

Just a minute away from the picturesque sea and promenade, this apartment is ideal for those seeking a stylish and comfortable home near the coast. Its prime location and charming character make it a true gem in one of Palma’s most sought-after areas, perfect for embracing island life.

What this place offers

  • air conditioning
  • balcony

Where you’ll be

Palma, Spain

Location is approximate — exact address is confirmed by the agent.

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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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