Penthouse for sale in Palma de Mallorca, Mallorca

This charming duplex penthouse is offered for sale in a prime location in the heart of Palma’s old town. Set on two floors and enjoying an east-facing position, the property benefits from lovely views over the historic city rooftops. It is full of Mediterranean character and original features like high ceilings, offering a rare opportunity for buyers seeking a distinctive home with strong potential. Although it requires a full renovation, it represents an exciting project in one of Palma’s most desirable areas.

The current layout comprises four bedrooms and three bathrooms, while the proposed renovation project allows for three bedrooms and two generous living rooms, providing flexible and well-balanced living spaces. Original wooden beams, a fireplace, and traditional wooden windows add warmth and authenticity to the property. Heating is currently provided by radiators and a fireplace, and an elevator is in the process of being approved by the community and will be installed. An additional highlight is the option to make the entire rooftop terrace private to the penthouse, creating an exceptional outdoor space.

Located in a quiet yet central street of Palma’s old town, the property is within walking distance of shops, cafés, restaurants, and everyday amenities. The area is known for its historic architecture, vibrant cultural life, and charming atmosphere. This location combines privacy and tranquillity with the convenience of city living. Ideal for investors or private buyers, it offers long-term value in a consistently sought-after neighbourhood.

Palma, the capital of the Balearic Islands, located in the bay of the same name, has a pleasant climate all year (17.9 ° C annual average). Known for its tourism and elegant shops, this city also has a beautiful old town. The Cathedral, the Palace of the Almudaina, the Lonja square and the Plaza Mayor are some of the places that make this wonderful city so mystical. Large palm trees frame most of the beautiful monuments.