Hotel for sale in Sant Jaume, Palma de Mallorca, Mallorca

Located in the heart of Palma de Mallorca’s historic centre, this majestic mansion represents an exceptional opportunity to purchase a unique property in one of the city’s most exclusive and iconic areas.

The property stands on a plot of approximately 308 m² and has a total floor area of approx. 996 m², spread over several floors, offering spaciousness, character, and enormous potential for conversion.

The building comprises a semi-basement, a ground floor with parking and commercial premises, two main floors designated for residential use, and an upper floor with living space and terraces, allowing multiple possibilities for use and layout.

Given its size, prime location, and architectural value, this is a unique property, ideal both as a stately residence and for the development of an exclusive boutique hotel or a high-end investment project.

This area of the city of Palma is becoming more and more popular with young people who want to live in the city centre to enjoy the close proximity of shops, restaurants, bars, leisure centres, and the lively atmosphere. As all services are nearby, it is not necessary to use a car as frequently as in other areas. The capital’s centre is characterized by narrow streets, bourgeois palaces, churches, and other medieval buildings, reminiscent of Palma’s past.