Elegant Ground Floor Apartment with Private Pool in Palma
€1,350,000
Apartment
property type
5 days ago
listed
The Habio take
AI summaryThis beautifully designed ground floor apartment features a private pool and garden, ideal for enjoying Mallorca's sun-soaked lifestyle. Situated in Palma, it combines contemporary architecture with peaceful living in a highly sought-after area.
- beach
- luxury
- garden
- quiet
Highlights
- Private pool
- Generous outdoor space
- Exclusive boutique development of 18 residences
- Contemporary architecture
- Prime location in Palma
Good fit for: Ideal for individuals seeking a luxury home with a Mediterranean lifestyle.
Lifestyle scores
- Beach
- 85
- Walkable
- 75
- Remote work
- 70
- Family
- 60
- Retirement
- 80
- Airport access
- 90
- Investment
- 75
- Luxury
- 85
- Value
- 50
About this place
Discover an exceptional opportunity to own a beautifully designed ground floor apartment in Palma, where contemporary architecture meets the relaxed Mediterranean lifestyle. Located within an exclusive boutique development of just 18 residences, this elegant home offers privacy and generous outdoor living, ensuring an outstanding level of comfort in one of Mallorca’s most desirable locations.
What this place offers
- private pool
- 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
