Exclusive Penthouse with Panoramic Sea Views in Sant Agustín
€3,490,000€6,884/m²
San Agustín, San Agustín, Spain
3
bedrooms
3
bathrooms
507 m²
interior
364 m²
plot
Penthouse
property type
1 week ago
listed
The Habio take
AI summaryThis exceptional penthouse in Sant Agustín boasts a spacious internal area of 507 m² and breathtaking panoramic sea views. Situated in one of Palma's most sought-after residential areas, it offers an ideal setting for a luxurious Mediterranean lifestyle.
- beach
- luxury
- city
- coastal
Highlights
- 507 m² internal area
- Panoramic sea views
- Three spacious bedrooms
- Desirable Sant Agustín location
- Minutes to the sea and marina
- Ideal for Mediterranean lifestyle
Good fit for: Best suited for buyers seeking a luxurious lifestyle close to the coast.
Lifestyle scores
- Beach
- 90
- Walkable
- 75
- Remote work
- 70
- Family
- 75
- Retirement
- 80
- Airport access
- 80
- Investment
- 85
- Luxury
- 90
- Value
- 60
About this place
Discover this exclusive penthouse located in the highly desirable area of Sant Agustín, just minutes from the sea and the vibrant city centre of Palma. Covering an impressive 507 m² internally, this property features a spacious layout ideal for comfortable living.
With three bedrooms and three bathrooms, this penthouse offers ample space for families or those seeking room to entertain. The property is surrounded by the natural beauty of the Mediterranean, providing both tranquillity and accessibility to urban amenities.
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
