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

Order by:

price low to highlow to highprice high to lowhigh to lownewest firstnew

Three-bedroom apartment on the seafront in Palma de Mallorca, Spain for 595,000 €

With balcony/terrace

Three-bedroom apartment on the seafront in Palma de Mallorca, Spain

595,000 €

£512,000

Total area 95 m²3 bedrooms2 bathrooms

2 months ago

Furnished three-bedroom apartment with sea views in Palma de Mallorca, Spain for 1,250,000 €

With balcony/terrace

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

1,250,000 €

£1,075,000

Total area 144 m²3 bedrooms2 bathrooms

Off-plan property

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

485,000 €

Estimated completion Q3 of 2018

Five-room penthouse with stunning sea views in Palma de Mallorca, Spain for 2,495,000 €

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

2,495,000 €

£2,146,000

Total area 260 m²4 bedrooms4 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 €

£1,075,000

Total area 198 m²3 bedrooms3 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 €

£774,000

Total area 112 m²Land area: 110 m²1 bedroom2 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 €

£277,000

Total area 108 m²Land area: 108 m²1 bedroom1 bathroom

Discounted apartments and new-builds upon request

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

Send a discount enquiry

Ksenia Kolesnikova,

Client manager

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 €

£688,000

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 €

£369,000

Total area 120 m²Land area: 120 m²1 bedroom2 bathrooms

Furnished modern apartment in Palma de Mallorca, Spain for 500,000 €

With balcony/terrace

Furnished modern apartment in Palma de Mallorca, Spain

500,000 €

£430,000

Total area 110 m²3 bedrooms1 bathroom

One-bedroom bright apartment in Palma de Mallorca, Spain for 310,000 €

One-bedroom bright apartment in Palma de Mallorca, Spain

310,000 €

£267,000

Total area 34 m²1 bedroom1 bathroom

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 €

£1,420,000

Total area 153 m²1 bedroom2 bathrooms

Three-bedroom sunny apartment in Palma de Mallorca, Spain for 250,000 €

With balcony/terrace

Three-bedroom sunny apartment in Palma de Mallorca, Spain

250,000 €

£215,000

Total area 128 m²3 bedrooms1 bathroom

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 €

£554,000

Total area 150 m²1 bedroom3 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 €

£564,000

Total area 126 m²3 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 €

£305,000

Total area 74 m²1 bedroom1 bathroom

Three-bedroom apartment in the center of Palma de Mallorca, Spain for 275,000 €

With balcony/terrace

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

275,000 €

£237,000

Total area 128 m²3 bedrooms2 bathrooms

1 month ago

Stylish duplex apartment with a rooftop terrace in Palma de Mallorca, Spain for 289,000 €

With balcony/terrace

Stylish duplex apartment with a rooftop terrace in Palma de Mallorca, Spain

289,000 €

£249,000

Total area 103 m²2 bedrooms2 bathrooms

Six-room apartment in the center of Palma de Mallorca, Spain for 629,000 €

Parking lot

Six-room apartment in the center of Palma de Mallorca, Spain

629,000 €

£541,000

Total area 186 m²5 bedrooms

Two-bedroom apartment just 50 m from the sea, Palma de Mallorca, Spain for 265,000 €

With balcony/terrace

Two-bedroom apartment just 50 m from the sea, Palma de Mallorca, Spain

265,000 €

£228,000

Total area 75 m²2 bedrooms1 bathroom

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

TO REFURBISH Duplex apartment next to Santa Eulalia

403,000 €

£347,000

Total area 146 m²Land area: 140 m²2 bedrooms1 bathroom

Two-bedroom apartment for renovation in Palma de Mallorca, Spain for 249,000 €

With balcony/terrace

Two-bedroom apartment for renovation in Palma de Mallorca, Spain

249,000 €

£214,000

Total area 70 m²2 bedrooms1 bathroom

Comfortable apartment in the historical part of the city, Palma de Mallorca, Spain for 480,000 €

Comfortable apartment in the historical part of the city, Palma de Mallorca, Spain

480,000 €

£413,000

Total area 110 m²Land area: 110 m²3 bedrooms2 bathrooms

Apartment – Palma de Mallorca, Balearic Islands, Spain for 995,000 €

Apartment – Palma de Mallorca, Balearic Islands, Spain

995,000 €

£856,000

Total area 116 m²2 bedrooms1 bathroom

1 month ago

Apartment – Palma de Mallorca, Balearic Islands, Spain for 467,000 €

With swimming pool

Apartment – Palma de Mallorca, Balearic Islands, Spain

467,000 €

£402,000

Total area 109 m²3 bedrooms2 bathrooms

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

2,950,000 €

£2,538,000

Total area 250 m²4 bedrooms4 bathrooms

Comfortable apartment with a terrace, Palma de Mallorca, Spain for 240,000 €

With balcony/terrace

Comfortable apartment with a terrace, Palma de Mallorca, Spain

240,000 €

£206,000

Total area 68 m²1 bedroom1 bathroom

Apartments for sale in Palma de Mallorca