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Palma - Santa Catalina, Baleares, Spain

Licensed Apartment Block Project in Santa Catalina, Palma

€300,000

€1,200/m²

6
Bedrooms
6
Bathrooms
250 m²
Interior
88 m²
Plot
Land
Type
6 Aug 2026
Listed

The Habio take

AI summary

This licensed project offers a unique opportunity to build a six-storey apartment block in the desirable Santa Catalina district, known for its vibrant atmosphere. Located close to Palma's promenade, port, and historic centre, it provides easy access to various local amenities.

  • city
  • investment
  • new build

Highlights

  • Licensed for high-rise residential development
  • Located in the fashionable Santa Catalina area
  • Close to Palma's promenade and port
  • Excellent public transport access
  • Potential for three duplex homes with pools
  • Urban land with all necessary utilities

Good fit for: Ideal for developers looking to create luxury apartments in a sought-after area.

Lifestyle scores

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

About this place

This property is a licensed apartment block project for sale in Son Espanyolet, allowing for the construction of three duplex homes. The building will feature six storeys and is situated in the privileged Santa Catalina neighbourhood of Palma de Mallorca. This location is a short walk from the promenade and port, making it an ideal spot for enjoying the best of Palma.

The project includes a ground floor duplex with a terrace and pool, as well as further duplexes and a penthouse with a solarium and plunge pool. Each residence will have access to modern amenities and benefits from urban road access, with convenient public transport options available for commutes in and out of the city.

With a total land area of 88 m² and a constructed area of 250 m² across the six stories, this project is designed for high-rise residential use and includes the necessary utilities such as water, electricity, sewerage, natural gas, and street lighting.

Getting around

  • Nearest beach · Playa Can Pere Antoni

    ~4 min drive · 2.6 km

    Good water quality
  • Palma de Mallorca (PMI)

    ~11 min drive · 11 km

Approximate, measured from the property's area rather than its exact address. Drive times © OpenStreetMap contributors (OSRM); airports: OurAirports; bathing water: European Environment Agency, 2024 season.

Where you’ll be

Palma - Santa Catalina, Baleares, Spain

Nearest airport
Palma de Mallorca (PMI)
9 km
Also close
Ibiza (Eivissa) (IBZ)
134 km
Nearest city
Barcelona
205 km

Marker is the location supplied by the agency — approximate, and often deliberately so. The exact address is confirmed on enquiry. Distances are straight-line.

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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