Palma, Balearic Islands, Spain
Modern Apartment with Terrace in Son Armadams, Palma
€1,100,500
- Apartment
- Type
- 17 Jun 2026
- Listed
The Habio take
This contemporary second floor apartment in Son Armadams features a private terrace and is located close to Bellver Castle and Palma's bustling centre. Ideal for those seeking urban living with a touch of tranquility.
- city
- new build
- quiet
Highlights
- Modern design
- Private terrace
- Close to Bellver Castle
- Proximity to Palma city centre
- Two bedrooms and two bathrooms
- Recently completed in 2023
Good fit for: Perfect for professionals or couples seeking a stylish city living experience.
Lifestyle scores
- Beach
- 60
- Walkable
- 85
- Remote work
- 80
- Family
- 60
- Retirement
- 70
- Airport access
- 70
- Investment
- 75
- Luxury
- 65
- Value
- 55
About this place
This second floor apartment is situated in the desirable residential area of Son Armadams, offering a prime location just moments from the historic Bellver Castle and the vibrant centre of Palma.
Completed in 2023, the property spans 89.1 square meters of well-designed living space, comprising a bright and spacious living and dining area, two comfortable bedrooms, and two elegant bathrooms. Additionally, residents can enjoy a private terrace measuring 12.6 square meters, ideal for outdoor relaxation or entertaining guests.
What this place offers
- terrace
Where you’ll be
Palma, Balearic Islands, Spain
Exact location is confirmed by the agent on enquiry.
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
