Can foreigners buy apartments in Palma de Mallorca?

Yes. There are no restrictions on buying property in Spain , whether it's commercial, residential or land. In fact, Spain encourages investment by foreigners, both resident and non-resident. You will require a financial number which can acquire by visiting a police station with your passport.

How do I buy an apartment in Palma de Mallorca?

The process of buying a property in Spain usually runs as follows. First, the buyer makes an offer, usually through the seller's real estate agent. If this is accepted, then the buyer and seller sign a preliminary contract (contrato privado de compravento) and the buyer pays a deposit, typically 10% of the purchase price. Then the agent helps to organise property check and if there're no burdens or restrictions, a final sales contract is prepared.

Do I need a Spanish bank account to buy an apartment in Spain?

Yes. You will want a bank account in Spain once you have bought your apartment in Palma de Mallorca. This will enable you to set up direct debits and standing orders to pay for your utilities and bills .

Can I get a mortgage in Spain?

Yes. Although to get a mortgage in Spain you need NIE (Número de Identificación de Extranjeros). If you're in Spain, you can start the NIE application process at any local police station. Outside of Spain, the best way to apply for an NIE is to contact your local Spanish consulate.

What is a Spanish residence permit?

A long-term residence permit allows you to stay in Spain indefinitely, working or otherwise, under the same conditions as Spanish citizens. You can apply for Spanish nationality after 10 years of residence in Spain.

How do I get a residence permit in Spain?

Dedending on type (for students, for investors, etc.) you can obtain Spanish residence permit at Foreigner’s Office in Spain or at Spanish Consulate in your country of residence.

How long does it take to get residency in Spain?

The terms are based on the type of the residence (for students, for investors, etc.). Some of them can be obtained in less than one month.

Can I get residency in Spain if I buy property?

Yes. If you buy property in Spain you can get a Spanish residency permit, which allows you to live in Europe. The only challenge is the paperwork, and you must invest at least 500,000€.

How can I get permanent residency in Spain?

You can get permanent residency in Spain after 5 years of legal residence.

How long does it take to become a citizen in Spain?

The standard criteria for citizenship in Spain is 10 years of legal residence. There are reduced terms (1, 2 or 5 years) for residency based on naturalization, origin, option, etc.

Apartments for sale in Palma de Mallorca - Buy flats in Palma de Mallorca

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Refurbished apartment with terrace in Santa Catalina for 495,000 €

Next to the sea

Refurbished apartment with terrace in Santa Catalina

495,000 €

£440,000

Total area 95 m²Land area: 90 m²1 bedroom2 bathrooms

New high-quality penthouse with a parking and terraces in a building with a pool and a spa, Casco Antiguo distrcit, Palma de Mallorca, Spain for 1,250,000 €

With balcony/terrace

New high-quality penthouse with a parking and terraces in a building with a pool and a spa, Casco Antiguo distrcit, Palma de Mallorca, Spain

1,250,000 €

£1,111,000

Total area 198 m²3 bedrooms3 bathrooms

Off-plan property

New building in center of Barcelona with panoramic views, garden and pool

470,000 €

Estimated completion Q3 of 2018

Cozy penthouse with four terraces and a garage in a residential complex with a garden and a pool, Palma de Mallorca, Spain for 3,240,000 €

With balcony/terrace

Cozy penthouse with four terraces and a garage in a residential complex with a garden and a pool, Palma de Mallorca, Spain

3,240,000 €

£2,881,000

Total area 250 m²4 bedrooms4 bathrooms

Renovated apartment with terrace and parking next to Cort for 900,000 €

Next to the sea

Renovated apartment with terrace and parking next to Cort

900,000 €

£800,000

Total area 112 m²Land area: 110 m²1 bedroom2 bathrooms

Spacious penthouse with two terraces and a parking in a residential complex with a garden and a pool, Palma de Mallorca, Spain for 2,990,000 €

With balcony/terrace

Spacious penthouse with two terraces and a parking in a residential complex with a garden and a pool, Palma de Mallorca, Spain

2,990,000 €

£2,658,000

Total area 490 m²4 bedrooms4 bathrooms

Renovated apartment in the old town of Palma, next to San Francesc for 322,000 €

Next to the sea

Renovated apartment in the old town of Palma, next to San Francesc

322,000 €

£286,000

Total area 108 m²Land area: 108 m²1 bedroom1 bathroom

Turkish passport for buyers of apartments from $250,000

Send a request, we will offer you properties and help you to prepare the documents

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Ekaterina Maslova

Senior Residence and Citizenship Advisor

TO REFURBISH first and second floor duplex next to Santa Eulalia for 800,000 €

Next to the sea

TO REFURBISH first and second floor duplex next to Santa Eulalia

800,000 €

£711,000

Total area 165 m²Land area: 160 m²2 bedrooms2 bathrooms

Apartment, completely renovated in the Sindicato-Avenidas area for 429,000 €

Apartment, completely renovated in the Sindicato-Avenidas area

429,000 €

£381,000

Total area 120 m²Land area: 120 m²1 bedroom2 bathrooms

New luxury penthouse with two terraces in a residence with a pool and a gym, Palma de Mallorca, Spain for 1,650,000 €

With balcony/terrace

New luxury penthouse with two terraces in a residence with a pool and a gym, Palma de Mallorca, Spain

1,650,000 €

£1,467,000

Total area 153 m²1 bedroom2 bathrooms

Apartment – Palma de Mallorca, Balearic Islands, Spain for 1,950,000 €

With balcony/terrace

Apartment – Palma de Mallorca, Balearic Islands, Spain

1,950,000 €

£1,734,000

Total area 130 m²2 bedrooms2 bathrooms

New apartment with a patio and a solarium in an elite residence with a gym and a spa, Palma de Mallorca, Spain for 656,000 €

New apartment with a patio and a solarium in an elite residence with a gym and a spa, Palma de Mallorca, Spain

656,000 €

£583,000

Total area 126 m²3 bedrooms2 bathrooms

New luxury apartment with a large terrace and a parking space in a building with a pool and a spa, Palma de Mallorca, Spain for 644,000 €

New luxury apartment with a large terrace and a parking space in a building with a pool and a spa, Palma de Mallorca, Spain

644,000 €

£573,000

Total area 150 m²1 bedroom3 bathrooms

Apartment – Palma de Mallorca, Balearic Islands, Spain for 295,000 €

Apartment – Palma de Mallorca, Balearic Islands, Spain

295,000 €

£262,000

Total area 81 m²2 bedrooms1 bathroom

Comfortable penthouse with a terrace, Palma de Mallorca, Spain for 695,000 €

With balcony/terrace

Comfortable penthouse with a terrace, Palma de Mallorca, Spain

695,000 €

£618,000

Total area 170 m²2 bedrooms2 bathrooms

Apartment – Palma de Mallorca, Balearic Islands, Spain for 795,000 €

Apartment – Palma de Mallorca, Balearic Islands, Spain

795,000 €

£707,000

Total area 107 m²2 bedrooms2 bathrooms

Modern apartment with a terrace in a new residence with a pool, a spa and a gym, Palma de Mallorca, Spain for 354,000 €

Modern apartment with a terrace in a new residence with a pool, a spa and a gym, Palma de Mallorca, Spain

354,000 €

£315,000

Total area 74 m²1 bedroom1 bathroom

Comfortable apartment with a terrace, Palma de Mallorca, Spain for 350,000 €

With balcony/terrace

Comfortable apartment with a terrace, Palma de Mallorca, Spain

350,000 €

£311,000

Total area 80 m²Land area: 110 m²3 bedrooms1 bathroom

Apartment – Palma de Mallorca, Balearic Islands, Spain for 850,000 €

Apartment – Palma de Mallorca, Balearic Islands, Spain

850,000 €

£756,000

Total area 155 m²4 bedrooms3 bathrooms

Cozy apartment with two terraces, Palma de Mallorca, Spain for 395,000 €

With balcony/terrace

Cozy apartment with two terraces, Palma de Mallorca, Spain

395,000 €

£351,000

Total area 70 m²Land area: 70 m²2 bedrooms1 bathroom

Spacious apartment with an elevator, balconies and a rooftop terrace, Palma de Mallorca, Spain for 410,000 €

With balcony/terrace

Spacious apartment with an elevator, balconies and a rooftop terrace, Palma de Mallorca, Spain

410,000 €

£365,000

Total area 188 m²4 bedrooms1 bathroom

Apartment – Palma de Mallorca, Balearic Islands, Spain for 725,000 €

Apartment – Palma de Mallorca, Balearic Islands, Spain

725,000 €

£645,000

Total area 162 m²4 bedrooms3 bathrooms

Spacious apartment with a terrace and a parking, Palma de Mallorca, Spain for 1,400,000 €

With balcony/terrace

Spacious apartment with a terrace and a parking, Palma de Mallorca, Spain

1,400,000 €

£1,245,000

Total area 245 m²5 bedrooms3 bathrooms

Apartment – Palma de Mallorca, Balearic Islands, Spain for 259,000 €

Apartment – Palma de Mallorca, Balearic Islands, Spain

259,000 €

£230,000

Total area 103 m²2 bedrooms2 bathrooms

Apartment – Palma de Mallorca, Balearic Islands, Spain for 465,000 €

Apartment – Palma de Mallorca, Balearic Islands, Spain

465,000 €

£413,000

Total area 143 m²3 bedrooms2 bathrooms

TO REFURBISH
Duplex apartment next to Santa Eulalia for 403,000 €

TO REFURBISH Duplex apartment next to Santa Eulalia

403,000 €

£358,000

Total area 146 m²Land area: 140 m²2 bedrooms1 bathroom

1-25 of 64 listings, page 1 of 3

Apartments for sale in Palma de Mallorca

Turkish passport for buyers of apartments from $250,000

FAQ about Palma de Mallorca

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