Palma, Balearic Islands, Spain
Newly Built Luxury Apartment in Son Armadams, Palma
€785,000
- Apartment
- Type
- 24 Aug 2026
- Listed
The Habio take
This newly built apartment offers luxury living near Bellver Castle with a spacious terrace. Located in Son Armadams, Palma, it combines modern comforts with a historical backdrop.
- luxury
- city
- new build
- historic
- quiet
Highlights
- Newly built
- Large terrace of 32 m²
- Close to Bellver Castle
- South-facing exposure
- Two bedrooms and two bathrooms
- Spacious living area
Worth knowing
- Limited information on parking availability
- No mention of communal facilities
Good fit for: Ideal for those seeking luxury living in a historic part of Palma.
Lifestyle scores
- Beach
- 50
- Walkable
- 75
- Remote work
- 70
- Family
- 60
- Retirement
- 65
- Airport access
- 80
- Investment
- 75
- Luxury
- 85
- Value
- 70
About this place
This newly built apartment is situated in Son Armadams, close to the iconic Bellver Castle in Palma. Spanning 74 m², the apartment features a large living room, two bedrooms, and two bathrooms, ideal for modern living.
One of its highlights is the generous 32 m² terrace, perfect for outdoor relaxation and entertaining. With a south-facing orientation, the covered porches and terraces ensure plenty of sunlight throughout the day, enhancing the overall ambience of this elegant property.
What this place offers
- terrace
- air conditioning
Where you’ll be
Palma, Balearic Islands, 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
