Palma, Baleares, Spain

Newly Built Apartment Near Bellver Castle, Palma

€4,990,000

Apartment
Type
16 Jun 2026
Listed

The Habio take

AI summary

This newly built apartment features a generous living space and a 13 m² terrace, ideal for enjoying sunny days. Located near the historic Bellver Castle in Palma, it combines modern amenities with a prime city location.

  • city
  • new build
  • historic
  • retirement

Highlights

  • Newly built
  • Large living room
  • 13 m² terrace
  • Near Bellver Castle
  • South-facing porches

Worth knowing

  • Limited number of bedrooms
  • Higher price point for the area

Good fit for: Ideal for individuals or couples seeking a modern city living experience with historical charm.

Lifestyle scores

Beach
65
Walkable
75
Remote work
70
Family
60
Retirement
70
Airport access
80
Investment
75
Luxury
80
Value
55

About this place

This newly constructed apartment in Son Armadams offers a well-designed space that includes a large living room, one bedroom, and one bathroom within a total area of 75 m². The layout promotes a natural flow to the exterior south-facing porches and terraces, ensuring plenty of sunlight throughout the day.

Completing the property is a spacious 13 m² terrace, perfect for relaxing or entertaining. Its proximity to the iconic Bellver Castle enhances its appeal, situating it in a vibrant area filled with history and culture while still allowing for a tranquil living environment.

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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