Exquisite Penthouse with Sea Views in Cala Mayor

€2,350,000

Spain

  • Penthouse

    property type

  • 3 weeks ago

    listed

The Habio take

AI summary

This stunning penthouse boasts breathtaking sea views and a generous private terrace, perfect for outdoor entertaining. Located in the desirable Cala Mayor neighbourhood, it is only 10 minutes from the vibrant centre of Palma.

  • beach
  • luxury
  • city
  • retirement

Highlights

  • Entire top floor of a community building
  • Breathtaking sea views
  • Large 275 sqm private terrace
  • Recently renovated
  • Convenient parking available

Worth knowing

  • Potential for noise from the community
  • No mention of a lift in the building

Good fit for: Ideal for buyers seeking luxury living close to Palma with great outdoor space.

Lifestyle scores

Beach
90
Walkable
70
Remote work
70
Family
60
Retirement
80
Airport access
80
Investment
85
Luxury
90
Value
65

About this place

Welcome to an exquisite penthouse offering breathtaking sea views, situated in the desirable neighborhood of Cala Mayor, just 10 minutes from Palma’s centre. This remarkable apartment occupies the entire top floor of a charming community built in 2003 and has been renovated recently, spanning 253 sqm of living area plus 275sqm of private terrace. The […]

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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