Stylish Three-Bed Apartment in Central Palma
€578,500
Palma, Balearic Islands, Spain
Apartment
property type
1 week ago
listed
The Habio take
AI summaryThis stylish three-bedroom apartment in the heart of Palma features a private terrace, perfect for relaxed outdoor living. The property is part of a new residential development, ensuring modern amenities in a vibrant urban setting.
- city
- new build
Highlights
- New development scheduled for 2028
- Three spacious double bedrooms
- Private terrace for outdoor living
- Located in the city centre of Palma
- Modern design and amenities
Worth knowing
- Completion scheduled for 2028, meaning a wait for occupancy
Good fit for: Ideal for buyers seeking modern urban living in a vibrant location.
Lifestyle scores
- Beach
- 50
- Walkable
- 85
- Remote work
- 80
- Family
- 70
- Retirement
- 60
- Airport access
- 65
- Investment
- 75
- Luxury
- 70
- Value
- 65
About this place
This contemporary three-bedroom apartment is situated in a new residential development scheduled for completion in 2028. With a spacious area of 105.38 m2, the apartment promises comfortable modern living in an attractive location.
Located on the second floor, the layout comprises three double bedrooms and two bathrooms, ideal for families or professionals seeking ample living space. The property also includes a 9.15 m2 private terrace, enhancing the living experience with an outdoor space for relaxation or entertaining.
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
