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Palma de Mallorca, Balearic Islands, Spain

Spacious Six-Bedroom Apartment with Terrace in Central Palma

€625,000

€2,323/m²

Great value68% below the typical price per m² for apartments in Palma de Mallorca
6
Bedrooms
3
Bathrooms
269 m²
Interior
Apartment
Type
29 May 2026
Listed

The Habio take

AI summary

This expansive 268 m² apartment features six bedrooms and three bathrooms, making it ideal for larger families or those looking for flexible living spaces. Located on Aragón Street in the heart of Palma de Mallorca, it offers great potential for renovation and easy access to vibrant city life.

  • city
  • family
  • investment
  • quiet

Highlights

  • 269 m² of living space
  • Six bedrooms and three bathrooms
  • Option to divide into two apartments
  • Terrace for outdoor living
  • Central location in Palma

Worth knowing

  • Potential renovation needed for modernisation
  • No specific parking details provided

Good fit for: This property suits large families or investors looking for rental potential.

Lifestyle scores

Beach
65
Walkable
90
Remote work
70
Family
85
Retirement
60
Airport access
80
Investment
75
Luxury
50
Value
70

About this place

268 m² apartment on Aragón street with terrace, six bedrooms and the option to divide it into two apartments. Great potential in a central area of ​​Palma.

Where you’ll be

Palma de Mallorca, Balearic Islands, Spain

Exact location is confirmed by the agent on enquiry.

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.

  • 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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