Refurbished Apartment with Classic Charm in Palma's Old Town
€1,500,000
Spain
Apartment
property type
14 Jun 2026
listed
The Habio take
AI summaryThis exquisite apartment, fully refurbished in 2016, features a blend of modern style and classic Majorcan architecture, with high ceilings and charming French balconies. Located in the heart of Palma's historic old town, it offers an inviting living experience steeped in cultural richness.
- historic
- city
- investment
- luxury
Highlights
- 196m² of living space
- High ceilings with exposed wooden beams
- Tastefully refurbished with modern finishes
- French balconies for extra light and charm
- Centrally located in Palma's old town
Worth knowing
- High price point may not suit all budgets
- Limited outdoor space indicated
Good fit for: Ideal for those seeking a stylish home in a vibrant cultural hub.
Lifestyle scores
- Beach
- 75
- Walkable
- 90
- Remote work
- 70
- Family
- 60
- Retirement
- 65
- Airport access
- 80
- Investment
- 85
- Luxury
- 90
- Value
- 50
About this place
We are pleased to present this amazing flat in the old town of Palma. This unique property was completely refurbished in 2016 with a modern and tasteful style combined with classic Majorcan architecture, its high ceilings with exposed wooden beams and French balconies give this modern property a special touch. Its 196m2 are distributed over […]
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
