Luxury Apartment in Palma
€790,000€3,511/m²
4
bedrooms
3
bathrooms
225 m²
interior
Apartment
property type
1 week ago
listed
About this place
A spacious four bedroom apartment in a modern construction, located on the Paseo Maritimo of Palma, Gabriel Roca, overlooking the cruise terminal and sea with a leafy outlook. A first floor 225 M2 apartment, with an open aspect affording lots of light, with an additional 25 M2 of terraces wrapped around the lounge diner, kitchen and bedrooms, which have direct access to the terraces. A spacious dual aspect lounge diner, facing the sea and park area with trees, a tranquil outlook which is surprisingly quiet of road noise, considering the main road. The communal swimming pool is set high, overlooking the paseo with direct access the sea front, a 30 minute stroll to Santa Catalina and Palma Centre and a 5 minute walk to Porto Pi shopping centre.
The building is modern and extremely well maintained, with security, a lift and is offered with 2 allocated parking spaces.
A beautiful kitchen space, with fully opening bi folding doors, connect with the terrace and windows overlooking the park and sea, a tranquil setting.
The master bedroom is spacious with lots of built in wardrobes, an en suite bathroom and access to the terraces. Two further double bedrooms with built in wardrobes equally access to the terraces and a fourth single bedroom.
The first floor offers access to only 3 apartments,, with the benefit of only 1 neighbour, although the properties connect very little, only from the lounge, therefore this apartment is extremely private.
Community Fees: 210€ per month, including water
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
