Luxurious House with Sea Views in Génova, Palma de Mallorca
€3,250,000
Spain
House
property type
3 weeks ago
listed
The Habio take
AI summaryThis stunning newly built house in Génova offers spectacular sea views and is designed for modern living with a thoughtful layout across three floors plus a rooftop. Located in a desirable area of Palma de Mallorca, it promises a blend of luxury and convenience.
- luxury
- beach
- new build
Highlights
- Sea views from multiple floors
- Open-plan living/dining area
- Project and construction licence approved
- Approx. 225 m² constructed area
- Rooftop space for outdoor enjoyment
Worth knowing
- Currently in plot status, construction not yet started
Good fit for: Ideal for buyers seeking a modern luxury home in a coastal setting.
Lifestyle scores
- Beach
- 90
- Walkable
- 60
- Remote work
- 70
- Family
- 60
- Retirement
- 75
- Airport access
- 80
- Investment
- 85
- Luxury
- 90
- Value
- 65
About this place
We are pleased to present this luxurious house situated in Génova, Palma De Mallorca. This property is currently in plot status with project and licence approved, and construction is planned to start shortly. Offering approximately 225 m2 of constructed area divided over three floors plus rooftop. On the first floor there is an open-plan living/dining […]
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
