Newly Built Three-Bedroom Penthouse in Palmanova

€745,000

Palmanova, Mallorca, Spain

  • Penthouse

    property type

  • 3 weeks ago

    listed

The Habio take

AI summary

This newly built three-bedroom penthouse features modern comfort and a spacious terrace, perfect for enjoying the Mediterranean climate. Located in the sought-after area of Palmanova, it combines luxury living with convenience.

  • beach
  • luxury
  • new build
  • pool
  • family

Highlights

  • Three spacious bedrooms
  • 26m² terrace for outdoor relaxation
  • High-quality finishes throughout
  • Garage included
  • Access to gym facilities

Good fit for: Ideal for those seeking a modern lifestyle near the Mediterranean.

Lifestyle scores

Beach
80
Walkable
60
Remote work
70
Family
65
Retirement
70
Airport access
75
Investment
75
Luxury
80
Value
70

About this place

Nestled in the desirable area of Palmanova, this newly built three-bedroom penthouse is a true gem for those seeking modern comfort and a Mediterranean lifestyle. With 135m² of thoughtfully designed living space and a 26m² terrace, it offers a cozy outdoor area to relax and take in the tranquil surroundings.

Crafted with superior quality finishes, the penthouse presents a perfect opportunity for buyers looking for contemporary living spaces that embody both elegance and functionality. Featuring a garage and access to a gym, it caters to various lifestyle needs, making it an ideal choice for a range of buyers.

What this place offers

  • garage
  • gym
  • terrace
ES

Buying property in Spain

Full guide →

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. 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. 2

    Open a Spanish bank account

    Needed for the deposit, taxes, mortgage payments, and utilities.

  3. 3

    Engage an independent lawyer

    Lawyer runs title, debts, planning, and community-of-owners checks — the notario will not.

  4. 4

    Reservation contract

    Small deposit (€3,000–€10,000) takes the property off the market while due diligence runs.

  5. 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. 6

    Sign the escritura pública

    Final public deed signed before a notario; balance and taxes paid; keys handed over.

  7. 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

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