Apartment in Palma
€930,000€5,027/m²
4
bedrooms
3
bathrooms
185 m²
interior
Apartment
property type
1 week ago
listed
About this place
A four double bedroom, fifth floor apartment situated on the sought after street tree lined street,Paseo Mallorca, with outstanding views over the Sa Riera river and sea in the distance. Excellent location across the street from the old town, Avenida Jamie III, Paseo Maritimo, Santa Catalina and many important landmarks and shopping. Four double bedrooms, two with ensuite bathrooms, all with exterior aspects affording light. The lounge benefits from double patio doors leading out onto an ample terrace, with leafy views over the Paseo Mallorca. Spacious kitchen diner, with a laundry room and gas central heating throughout the property. Air conditioning in the lounge, with the possibility to open up another window currently blocked. A well maintained apartment block, with lift, and 1 allocated parking space.
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
