Spain
Beautifully Renovated Penthouse with Large Terrace in Son Armadams
€895,000
- Penthouse
- Type
- 15 Jun 2026
- Listed
The Habio take
This spacious penthouse features a remarkable private terrace, perfect for outdoor living. Located in Son Armadams, a desirable area of Palma, you'll enjoy proximity to the Paseo Marítimo and the lively Santa Catalina district.
- luxury
- terrace
- walkable
- city
- investment
Highlights
- Large private terrace on the same level
- Beautifully renovated interior
- Located in a sought-after residential area
- Close to the Paseo Marítimo
- Small building with only seven residents
Worth knowing
- No parking information provided
- Potentially limited local amenities
Good fit for: Ideal for a discerning buyer seeking a stylish urban retreat.
Lifestyle scores
- Beach
- 80
- Walkable
- 85
- Remote work
- 70
- Family
- 55
- Retirement
- 65
- Airport access
- 70
- Investment
- 75
- Luxury
- 80
- Value
- 65
About this place
Discover this beautifully renovated penthouse with an exceptional private terrace on the same level, located in Son Armadams, one of Palma’s most sought-after residential areas, just minutes from the Paseo Marítimo, Bellver Castle park and the vibrant Santa Catalina district. Set within an intimate and well-maintained building of only seven residents, this elegant home offers […]
Where you’ll be
Spain
Exact location is confirmed by the agent on enquiry.
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
