Balearic Islands, Mallorca, Palma de Mallorca, Spain

Ref. EXP15106
Discover a rare opportunity in the heart of Palma's Old Town. Properties like this, located in a historic building on one of the city's most emblematic streets, rarely come onto the market.

Situated in a charming building dating back to 1900 with only five residents, this bright apartment of almost 50 m2 retains the character of traditional Mallorcan architecture while offering the unique lifestyle of living among historic streets, lively squares, elegant buildings, renowned restaurants, art galleries, and all essential amenities just a short walk away.

The property is offered in its current condition for €280,000, but it also comes with a complete renovation project and can be delivered fully refurbished for €340,000, as illustrated in the project renderings. The proposed design features an elegant open-plan living space, one bedroom, a modern bathroom, and high-quality finishes that preserve the building's original charm.

Residents enjoy access to a lovely communal rooftop terrace with beautiful views over Palma's historic rooftops and the sea—an ideal place to relax and unwind.

Whether you're looking for a distinctive home in the heart of Palma or an excellent investment in one of the city's most sought-after and supply-limited locations, this property is a truly exceptional opportunity.

Key Features

46 m2 built (45 m2 usable)
1 bedroom
1 bathroom
Renovation project available
Fully renovated option for €340,000
Communal rooftop terrace with sea and Old Town views
Historic building dating from 1900
Only 5 residents
Third floor, exterior apartment
Storage room
East-facing
No lift