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.

13 Apartments for Sale in Palma de Mallorca, Buy Flat

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Three-bedroom apartment with sea views in Palma de Mallorca, Spain for 1,790,000 €

With balcony/terrace

Three-bedroom apartment with sea views in Palma de Mallorca, Spain

1,790,000 €

£1,534,000

Total area 164 m²3 bedrooms2 bathrooms

First class foyr-bedroom apartment near the beach in Palma de Mallorca, Spain for 1,995,000 €

With balcony/terrace

First class foyr-bedroom apartment near the beach in Palma de Mallorca, Spain

1,995,000 €

£1,709,000

Total area 230 m²4 bedrooms3 bathrooms

90 m long swimming pool!

The Community — investment apartments by Aqua Properties with 9,5% yield per annum in the center of the developing area of Motor City, Dubai

From 129,000 €

Completion in: 2025 Yield: 9.0% Apartments in total: 450

Residential complex

Five-room fully renovated apartment in Palma de Mallorca, Spain for 460,000 €

With balcony/terrace

Five-room fully renovated apartment in Palma de Mallorca, Spain

460,000 €

£394,000

Total area 113 m²3 bedrooms2 bathrooms

Two-bedroom apartment in a new complex, Palma de Mallorca, Spain for 1,050,000 €

With balcony/terrace

Two-bedroom apartment in a new complex, Palma de Mallorca, Spain

1,050,000 €

£900,000

Total area 135 m²2 bedrooms2 bathrooms

Five-room apartment a few steps from the beach, Palma de Mallorca, Spain for 1,650,000 €

With balcony/terrace

Five-room apartment a few steps from the beach, Palma de Mallorca, Spain

1,650,000 €

£1,414,000

Total area 165 m²4 bedrooms3 bathrooms

Five-room penthouse with stunning sea views in Palma de Mallorca, Spain for 2,195,000 €

With balcony/terrace

Five-room penthouse with stunning sea views in Palma de Mallorca, Spain

2,195,000 €

£1,881,000

Total area 260 m²4 bedrooms4 bathrooms

Discounted apartments and new-builds upon request

Send us an enquiry, we will find advantageous offers for you

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Client manager

We find off-market properties
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Exclusive two-bedroom apartment with a garage and sea views in Palma de Mallorca, Spain for 2,595,000 €

With balcony/terrace

Exclusive two-bedroom apartment with a garage and sea views in Palma de Mallorca, Spain

2,595,000 €

£2,224,000

Total area 278 m²3 bedrooms3 bathrooms

Two-bedroom apartment in the center of Palma de Mallorca, Spain for 510,000 €

With balcony/terrace

Two-bedroom apartment in the center of Palma de Mallorca, Spain

510,000 €

£437,000

Total area 105 m²2 bedrooms1 bathroom

Stylish duplex apartment in Palma de Mallorca, Spain for 830,000 €

With balcony/terrace

Stylish duplex apartment in Palma de Mallorca, Spain

830,000 €

£711,000

Total area 116 m²2 bedrooms1 bathroom

Stylish two-bedroom apartment in Palma de Mallorca, Spain for 550,000 €

With balcony/terrace

Stylish two-bedroom apartment in Palma de Mallorca, Spain

550,000 €

£471,000

Total area 82 m²2 bedrooms2 bathrooms

New two-bedroom penthouse in Palma de Mallorca, Spain for 1,420,000 €

With balcony/terrace

New two-bedroom penthouse in Palma de Mallorca, Spain

1,420,000 €

£1,217,000

Total area 161 m²2 bedrooms2 bathrooms

Two-bedroom new apartment in Palma de Mallorca, Spain for 644,000 €

With balcony/terrace

Two-bedroom new apartment in Palma de Mallorca, Spain

644,000 €

£551,000

Total area 88 m²2 bedrooms2 bathrooms

Apartment – Palma de Mallorca, Balearic Islands, Spain for 599,000 €

With balcony/terrace

Apartment – Palma de Mallorca, Balearic Islands, Spain

599,000 €

£513,000

Total area 170 m²3 bedrooms2 bathrooms

2 weeks ago

Similar facilities nearby

Apartment – Ibiza, Balearic Islands, Spain

795,000 €

With balcony/terrace

Total area 110 m²5 bedrooms2 bathrooms

Apartment – Ibiza, Balearic Islands, Spain

995,000 €

With balcony/terrace

Total area 85 m²Land area: 200 m²2 bedrooms2 bathrooms

Apartment – Port d'Andratx, Balearic Islands, Spain

4,900,000 €

With balcony/terrace

Total area 265 m²5 bedrooms3 bathrooms

Apartment – Ibiza, Balearic Islands, Spain

597,000 €

Furnished

Total area 80 m²2 bedrooms1 bathroom

Apartment – Ibiza, Balearic Islands, Spain

697,000 €

With balcony/terrace

Total area 80 m²2 bedrooms2 bathrooms

Apartment – Ibiza, Balearic Islands, Spain

885,000 €

Furnished

Total area 65 m²2 bedrooms2 bathrooms

Apartment – Ibiza, Balearic Islands, Spain

1,199,000 €

With balcony/terrace

Total area 95 m²2 bedrooms2 bathrooms

Studio apartment by the sea in Magaluf, Mallorca, Spain

299,000 €

With balcony/terrace

Total area 40 m²1 bathroom

Apartment – Ibiza, Balearic Islands, Spain

1,180,000 €

With balcony/terrace

Total area 110 m²2 bedrooms2 bathrooms

Apartment – Balearic Islands, Spain

525,000 €

With balcony/terrace

Total area 93 m²2 bedrooms2 bathrooms

Apartment – Sant Josep de sa Talaia, Ibiza, Balearic Islands, Spain

265,000 €

With balcony/terrace

Total area 45 m²1 bedroom1 bathroom

Furnished penthouse with a large terrace on the first line from the sea in Costa de la Calma, Mallorca, Spain

1,480,000 €

With balcony/terrace

Total area 118 m²Land area: 330 m²3 bedrooms3 bathrooms

Apartment – Ibiza, Balearic Islands, Spain

600,000 €

Furnished

Total area 107 m²3 bedrooms2 bathrooms

Two-bedroom apartment near the sea in Santa Ponsa, Mallorca, Spain

620,000 €

With balcony/terrace

Total area 105 m²Land area: 120 m²2 bedrooms2 bathrooms

Apartment – Santa Eularia des Riu, Ibiza, Balearic Islands, Spain

660,000 €

With balcony/terrace

Total area 108 m²3 bedrooms1 bathroom

Apartment – Ibiza, Balearic Islands, Spain

557,000 €

With balcony/terrace

Total area 80 m²2 bedrooms2 bathrooms

Apartment – Ibiza, Balearic Islands, Spain

950,000 €

Furnished

Total area 172 m²3 bedrooms2 bathrooms

Five-room apartment near the sea in Palmanova, Mallorca, Spain

800,000 €

With balcony/terrace

Total area 140 m²4 bedrooms3 bathrooms

Two apartments on the first line from the beach in Magaluf, Mallorca, Spain

1,860,000 €

With balcony/terrace

Total area 221 m²3 bedrooms3 bathrooms

Three-bedroom well-maintained apartment in Peguera, Mallorca, Spain

595,000 €

With balcony/terrace

Total area 141 m²Land area: 400 m²3 bedrooms2 bathrooms

Three-bedroom penthouse with a huge terrace and stunning sea views in Santa Ponsa, Mallorca, Spain

899,000 €

With balcony/terrace

Total area 87 m²Land area: 202 m²3 bedrooms2 bathrooms

Apartment – Port d'Andratx, Balearic Islands, Spain

500,000 €

Furnished

Total area 63 m²2 bedrooms1 bathroom

Three-bedroom apartment with a large terrace in Calvia, Mallorca, Spain

375,000 €

With balcony/terrace

Total area 210 m²3 bedrooms2 bathrooms

Five-room penthouse with a parking in Son Caliu, Mallorca, Spain

600,000 €

With balcony/terrace

Total area 140 m²Land area: 180 m²4 bedrooms2 bathrooms

Apartment – Santa Eularia des Riu, Ibiza, Balearic Islands, Spain

685,000 €

Furnished

Total area 157 m²3 bedrooms2 bathrooms

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First and foremost Tranio is a very motivated team of professionals who surely know their job! We are very pleased with their well-coordinated work, timeliness of responses to the questions posed, and willingness to act in case of unusual situations.
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Coldwell Banker
It is with much enthusiasm that I personally recommend Tranio for a professional business collaboration in the ﬁeld of real estate, marketing, acquisition, and ﬁnance. The fundamentals of our business relationship with Tranio were set in 2016. Mundial AG has received the company’s great reputation throughout a number of international business pai’tners and stockholders. Tranio has helped our company to expand its horizons to the global market and has established benchmarks that would extend Mundial AG’s networks. The company has exceptional connections to potential investors and has a proﬁcient team that is capable of forming compound ﬁnancial models that attract ﬁnanciers. The cooperation with Tranio is based on professionalism, effectiveness, and Hypovﬂemsbank scrupulousness. Our experiences with Tranio are encouraging and progressive, which makes them one of our preeminent business paitners.
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Z. Farkas, Mundial AG
We are glad to have a partnership with Tranio! It offers a vast online property base and the best services.

Quality Villas

Apartments for sale in Palma de Mallorca