Newly Built Luxury Apartment in Son Armadams, Palma
€785,000
Palma, Balearic Islands, Spain
Apartment
property type
2 weeks ago
listed
The Habio take
AI summaryThis newly built apartment offers luxury living near Bellver Castle with a spacious terrace. Located in Son Armadams, Palma, it combines modern comforts with a historical backdrop.
- luxury
- city
- new build
- historic
- quiet
Highlights
- Newly built
- Large terrace of 32 m²
- Close to Bellver Castle
- South-facing exposure
- Two bedrooms and two bathrooms
- Spacious living area
Worth knowing
- Limited information on parking availability
- No mention of communal facilities
Good fit for: Ideal for those seeking luxury living in a historic part of Palma.
Lifestyle scores
- Beach
- 50
- Walkable
- 75
- Remote work
- 70
- Family
- 60
- Retirement
- 65
- Airport access
- 80
- Investment
- 75
- Luxury
- 85
- Value
- 70
About this place
This newly built apartment is situated in Son Armadams, close to the iconic Bellver Castle in Palma. Spanning 74 m², the apartment features a large living room, two bedrooms, and two bathrooms, ideal for modern living.
One of its highlights is the generous 32 m² terrace, perfect for outdoor relaxation and entertaining. With a south-facing orientation, the covered porches and terraces ensure plenty of sunlight throughout the day, enhancing the overall ambience of this elegant property.
What this place offers
- terrace
- air conditioning
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
