New Built 3 Bedroom Apartment For Sale In Palma

This elegant Apartment for sale is located in the highly desirable residential district of Son Dameto in Palma de Mallorca and offers an excellent combination of modern architecture, comfort, and Mediterranean living. The property features 104 m² of interior living space plus 25 m² of private terraces, with three spacious bedrooms and two stylish bathrooms. The bright open-plan living and dining area connects seamlessly with a fully equipped kitchen, creating a welcoming atmosphere for everyday life. The apartment includes hot and cold air conditioning, energy-efficient underfloor heating powered by an aerothermal system, a private underground parking space, a storage room, and access to beautifully landscaped communal gardens with a swimming pool, making it an outstanding choice for both permanent residence and investment.
Location
The Apartment for sale enjoys an excellent position in Son Dameto, one of Palma’s most established and peaceful residential neighborhoods. Palma’s historic city center can be reached in approximately 15–20 minutes on foot or within 5–10 minutes by car, while Palma de Mallorca International Airport is only around 15 minutes away by car. The area is highly appreciated for its quiet atmosphere, excellent schools, healthcare facilities, supermarkets, sports centers, and fast motorway connections. Residents also benefit from easy access to the vibrant Santa Catalina district, the marina, beaches, golf courses, and numerous cultural attractions, allowing them to enjoy both urban convenience and a relaxed Mediterranean lifestyle.
Furnishing
Inside, this Apartment for sale has been designed to meet modern standards of quality and energy efficiency. The open kitchen is fitted with premium built-in cabinetry and high-quality appliances, while porcelain stoneware flooring runs throughout the apartment for durability and elegant style. Double-glazed aluminum windows with thermal break technology provide excellent thermal and acoustic insulation, complemented by traditional Mallorcan aluminum shutters. Additional features include LED recessed lighting, a security entrance door, a video intercom system, a dedicated utility room, mechanical ventilation, and an aerothermal heat pump supplying both underfloor heating and domestic hot water. The development also offers an elevator, landscaped communal areas, a sun terrace, and a swimming pool.
Other
Purchasing this Flat for sale at the advertised price of €900,000 involves several acquisition costs in addition to the purchase price. In the Balearic Islands, transfer tax (ITP) for resale residential property is calculated progressively: 8% on the first €400,000 (€32,000), 9% on the next €200,000 (€18,000), and 10% on the remaining €300,000 (€30,000), resulting in a total transfer tax of approximately €80,000. Buyers should also budget around €4,500 for notary fees, approximately €2,000 for gestor (administrative) services, roughly €2,500 for Land Registry fees, certified copies, and other legal documentation, plus an estimated €3,000 for legal representation and miscellaneous administrative expenses. The estimated total acquisition costs therefore amount to approximately €92,000, meaning buyers should plan for an overall investment of about €992,000 including the purchase price and associated transaction expenses.