Modern Two-Bedroom Ground Floor Apartment with Private Garden in Palma
€720,000
Palma, Balearic Islands, Spain
Apartment
property type
3 weeks ago
listed
The Habio take
AI summaryThis newly built ground-floor apartment features spacious living areas and a private garden in Son Armadams, near the scenic Bellver Castle. Located in Palma, this property combines modern convenience with a vibrant city lifestyle.
- city
- new build
- garden
Highlights
- Ground-floor location with private garden
- Spacious 72 sqm living area
- Modern design with 2 bedrooms and 2 bathrooms
- Close to Bellver Castle and Palma amenities
- Newly built and ready for immediate living
Good fit for: Ideal for those looking for a modern city apartment with outdoor space.
Lifestyle scores
- Beach
- 70
- Walkable
- 85
- Remote work
- 80
- Family
- 70
- Retirement
- 60
- Airport access
- 75
- Investment
- 75
- Luxury
- 70
- Value
- 60
About this place
This modern ground-floor apartment in Son Armadams offers a generous 72 sqm of living space, comprising a large living room, two bedrooms, and two bathrooms. One of the standout features is the private garden, which spans 58 sqm, creating a serene outdoor space that enhances the apartment's homely feel.
The design and layout of the property make it a perfect choice for those seeking a blend of comfort and contemporary living. The proximity to Bellver Castle adds a historical charm to the area, while Palma's amenities and vibrant lifestyle remain easily accessible.
What this place offers
- private garden
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
