Modern Two-Bed Apartment with Sea Views in Palma de Mallorca

€1,200,000

Spain

  • Apartment

    property type

  • 4 weeks ago

    listed

The Habio take

AI summary

This stunning apartment, completed in 2020, boasts stunning sea views from its terrace along the prestigious Paseo Maritimo in Palma de Mallorca. With high-end finishes and spacious living areas, it offers a luxurious coastal lifestyle in the island's vibrant capital.

  • beach
  • city
  • luxury
  • walkable

Highlights

  • First-line marina location
  • Large terrace with sea views
  • High-quality materials and finishes
  • Underfloor heating and air conditioning
  • Exclusive restaurants and bars nearby

Worth knowing

  • Higher price bracket for the area
  • Potential noise from nearby nightlife

Good fit for: Ideal for those seeking a luxury coastal lifestyle in a vibrant city environment.

Lifestyle scores

Beach
90
Walkable
85
Remote work
75
Family
60
Retirement
80
Airport access
80
Investment
85
Luxury
90
Value
65

About this place

New Real Estate Construction Mallorca: New build properties Mallorca: This fantastic flat was completed in 2020 and is located in 1st sea line at the marina of the island's capital Palma de Mallorca.The living area of approx. 150 m2 has 2 bedrooms, 2 top equipped bathrooms en suite, a terrace of approx. 40 m2, an open kitchen with exquisite electrical appliances, as well as a bright living/dining room with fantastic views of the sea and the sophisticated harbour. This property has been fitted with high-quality materials both inside and out and thus offers living at a high level. Further features include: Underfloor heating, hot/cold air conditioning and double-glazed windows.The property is located directly on the promenade of the Paseo Maritimo and runs parallel to the sea. This kilometre-long promenade is ideal for walks or bicycle tours to El Arenal. You will also find exclusive restaurants and bars with live music just a few walking minutes away.The flat is presented to you by your leading estate agent in Mallorca, Casa Nova Properties in Santa Ponsa. There is no brokerage fee for the buyer.

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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