Palma, Mallorca, Spain

One-Bedroom Apartment with Modern Features in Son Armadans

€290,000

€2,900/m²

Great value61% below the typical price per m² for apartments in Palma
1
Bedroom
2
Bathrooms
100 m²
Interior
Apartment
Type
4 weeks ago
Listed

The Habio take

AI summary

This second-floor apartment in Son Armadans, Palma, boasts modern amenities and the potential for a third bedroom with renovations. It's ideally situated with easy access to central Palma and Santa Catalina.

  • city
  • walkable
  • investment
  • renovation

Highlights

  • Opportunity to convert to three bedrooms
  • Modern kitchen and bathroom
  • Natural light throughout
  • Close to Palma centre and Santa Catalina
  • Access to major motorways
  • Potential for rental income

Worth knowing

  • No lift in the building
  • Current configuration has only one bedroom

Good fit for: Ideal for individuals or couples looking for a modern space in Palma with renovation potential.

Lifestyle scores

Beach
50
Walkable
80
Remote work
65
Family
40
Retirement
60
Airport access
70
Investment
75
Luxury
60
Value
70

About this place

This second-floor apartment in the popular district of Son Armadans, Palma, features approximately 100 m² of living space. It currently has one bedroom but offers the possibility to be reconfigured into a three-bedroom layout with some remodelling.

All rooms, including the lounge and bedrooms, are external, allowing for an abundance of natural light throughout the day. The property is equipped with a modern kitchen and bathroom, the latter featuring a built-in dual jet shower and sauna, adding a touch of luxury to everyday living.

Located on the edge of Son Armadans and Pueblo Espanyol, the apartment enjoys excellent transport links with easy access to Palma city centre, Santa Catalina, and major motorways, making it a convenient base for exploring the island or commuting.

What this place offers

  • sauna
  • double shower

Where you’ll be

Palma, Mallorca, 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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