Modern Two-Bedroom Apartment in Historic Old Town Palma
€460,000
€3,286/m²
- 2
- Bedrooms
- 2
- Bathrooms
- 140 m²
- Interior
- Apartment
- Type
- 29 Aug 2026
- Listed
The Habio take
This modern, reformed two-bedroom apartment in Old Town Palma boasts character and contemporary living. Centrally located, it offers easy access to Placa Major and the vibrant shopping district.
- walkable
- historic
Highlights
- Two double bedrooms
- Two bathrooms including ensuite
- Open-plan living area
- High ceilings and period features
- Centrally located in Old Town
- Approx 150 sqm plus terrace
Worth knowing
- No mention of a lift
- First floor may not suit everyone
Good fit for: Ideal for urban professionals or small families wanting to live in the heart of Palma.
Lifestyle scores
- Beach
- 50
- Walkable
- 85
- Remote work
- 70
- Family
- 60
- Retirement
- 65
- Airport access
- 80
- Investment
- 75
- Luxury
- 70
- Value
- 65
About this place
Discover a beautifully reformed two-bedroom apartment situated on the first floor in the historic Old Town of Palma, Mallorca. This spacious residence features two double bedrooms and two bathrooms, including an ensuite for the master bedroom, all designed with a modern touch while preserving original period features.
The open-plan living, dining, and kitchen area is perfect for modern living, with a contemporary fitted kitchen offering ample work surfaces and storage cupboards, complete with fitted appliances. The apartment's high ceilings enhance the feeling of space and light, making it a comfortable retreat in the heart of the city.
In addition to approximately 150 square metres of internal space, a 4 square metre terrace provides outdoor enjoyment, perfect for soaking in the vibrant atmosphere of Palma. An internal viewing is highly recommended to appreciate the quality and charm of this unique property.
What this place offers
- terrace
Where you’ll be
Palma, Mallorca, 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
