Renovated Duplex Penthouse in Santa Catalina, Palma
€695,000
Palma, Balearic Islands, Spain
Penthouse
property type
3 weeks ago
listed
The Habio take
AI summaryThis fully renovated duplex penthouse offers stylish living in the heart of Santa Catalina, Palma. Enjoy modern finishes and the vibrant atmosphere of one of the city's most sought-after districts.
- city
- walkable
- luxury
Highlights
- Fully renovated duplex
- Herringbone hardwood floors
- Italian faucets throughout
- Air conditioning
- Soundproof windows
- Located in vibrant Santa Catalina
Worth knowing
- Potentially noisy urban environment
- No mention of outdoor space
Good fit for: Ideal for professionals or couples seeking a stylish urban lifestyle in Palma.
Lifestyle scores
- Beach
- 65
- Walkable
- 85
- Remote work
- 70
- Family
- 60
- Retirement
- 55
- Airport access
- 80
- Investment
- 75
- Luxury
- 80
- Value
- 65
About this place
Located in the charming Santa Catalina district of Palma, this fabulous duplex penthouse has been meticulously renovated to offer a blend of comfort and style. Crafted with herringbone hardwood floors and Italian faucets, the property showcases beautiful décor throughout.
The layout spans two levels, with the first level offering inviting living spaces. The apartment is equipped with air conditioning to ensure year-round comfort, and the soundproof windows enhance tranquillity, making it a perfect retreat in the bustling city.
Santa Catalina is known for its lively atmosphere, with an abundance of cafes, restaurants, and boutique shops within easy reach, allowing for an enjoyable urban lifestyle.
What this place offers
- air conditioning
- hardwood floors
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.
- 1
Get an NIE
Apply for the foreign-resident tax number at a Spanish consulate, police station, or via a representative with power of attorney.
- 2
Open a Spanish bank account
Needed for the deposit, taxes, mortgage payments, and utilities.
- 3
Engage an independent lawyer
Lawyer runs title, debts, planning, and community-of-owners checks — the notario will not.
- 4
Reservation contract
Small deposit (€3,000–€10,000) takes the property off the market while due diligence runs.
- 5
Sign the contrato de arras
Private purchase contract with a 10% deposit. If the buyer pulls out they lose it; if the seller pulls out they pay double.
- 6
Sign the escritura pública
Final public deed signed before a notario; balance and taxes paid; keys handed over.
- 7
Register the property
Lawyer registers the deed at the Registro de la Propiedad and arranges utility and IBI transfers.
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
