Flat for sale in Palma de Mallorca, Mallorca

A unique property for sale with 152 m2 built area, located in the very heart of Palma’s historic center, in the iconic neighborhood of Sa Gerreria.

This singular property preserves the industrial essence that characterized this area at its origins, offering an exceptional opportunity for those looking for a project with character and multiple possibilities for transformation.

The property requires a full renovation, but stands out for its enormous potential. It has 152 m2 built area, distributed across approximately 98 m2 on the ground floor and 54 m2 in an attic loft or mezzanine, plus a small interior patio that provides natural ventilation and excellent light entry throughout the entire property.

One of its greatest attractions is the impressive clear height of 4.20 meters, which allows for different layouts and makes the most of the space. Among its original features are high ceilings, exposed wooden beams, marés stone walls, and cast-iron columns—details that give it an authentic character that is hard to find.

The property is part of a building constructed in 1887, where hardly any changes have been made over time, preserving much of its original architecture.

Thanks to its layout, it offers numerous possibilities for use: a duplex-style home, a home with a garage with direct access, a premises with a loft home, a commercial space with parking, or any other project that fits the needs of the future owner.

From a registry and cadastral standpoint, the property is listed as a residential dwelling. However, at the time a commercial premises license was obtained at the owner’s request, further expanding its potential uses.

Its location is unbeatable: just a few meters from Plaza del Cuadrado and Plaza de Sant Francesc, and only a five-minute walk from Plaça de l’Ajuntament.

Although it needs a complete refresh, it is a very special property, with a style uncommon in Palma’s real estate market and with enormous potential to create a truly exclusive space.