Palma, Baleares, Spain

Duplex Penthouse with Terraces and Parking in Santa Catalina

€650,000

Penthouse
Type
16 Jun 2026
Listed

The Habio take

AI summary

This duplex penthouse offers 106 sqm of living space and boasts two terraces, ideal for outdoor entertaining. Located in the heart of Santa Catalina, a vibrant area in Palma, this property presents an excellent investment opportunity.

  • city
  • new build
  • investment
  • luxury

Highlights

  • Vibrant Santa Catalina neighbourhood
  • Two spacious terraces
  • Elevator access
  • Parking included
  • Great investment potential

Worth knowing

  • Car likely needed for daily errands

Good fit for: Best suited for buyers seeking a lively lifestyle in Palma's cultural hub.

Lifestyle scores

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

About this place

Located in the heart of Santa Catalina, one of Palma’s most vibrant and sought-after neighbourhoods, this unique duplex penthouse offers excellent potential and great investment opportunity.

Set within a building with an elevator, the property occupies the second, third, and fourth floors, combining generous indoor living with exceptional outdoor spaces.

The spacious layout includes multiple levels, allowing for privacy and distinct living areas. The two terraces provide plenty of outdoor space for relaxation or entertaining, making this an ideal choice for those who appreciate the Mediterranean lifestyle.

Furthermore, the penthouse comes with a parking space, a valuable find in this bustling area.

What this place offers

  • parking
  • elevator
  • terrace

Where you’ll be

Palma, Baleares, 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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