Elegant Two-Bedroom Ground Floor Flat in Santa Catalina
€1,295,000
Palma, Balearic Islands, Spain
Apartment
property type
3 weeks ago
listed
The Habio take
AI summaryThis elegant two-bedroom ground floor flat in Santa Catalina offers a well-designed layout and stylish living in a vibrant area of Palma. Known for its dynamic atmosphere, Santa Catalina is a highly sought-after location in the heart of the city.
- city
- walkable
Highlights
- Two spacious bedrooms
- Elegant design
- Located in Santa Catalina
- Approximately 74 square metres
- Dynamic local atmosphere
Worth knowing
- Limited space for entertaining guests
Good fit for: Ideal for professionals or couples looking for a stylish urban lifestyle.
Lifestyle scores
- Beach
- 50
- Walkable
- 80
- Remote work
- 70
- Family
- 60
- Retirement
- 65
- Airport access
- 70
- Investment
- 75
- Luxury
- 70
- Value
- 60
About this place
This wonderful apartment in Santa Catalina presents a unique opportunity for those seeking comfort and sophistication in one of Palma’s most lively neighbourhoods. Featuring approximately 74 square metres of usable space, the flat is an inviting retreat with a focus on maximising natural light.
The apartment boasts two spacious and bright bedrooms, providing ample space for relaxation. Its elegant design enhances the overall appeal, making it an ideal home for those looking to embrace the vibrant lifestyle this area has to offer.
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
