Chic renovated apartment for sale in historic Palau Peña, Palma Old Town, Mallorca

• 2 Beds
• 160m² Built size

Prestigious apartment in historic Palau Peña, Palma Old Town

Occupying the second floor of the beautifully restored Palau Peña, this prestigious three-bedroom apartment offers refined city living within one of Palma Old Town’s distinguished historic buildings. Renovated in 2025/26, the residence balances original Mallorcan character with sophisticated contemporary finishes.

The generous interior comprises three spacious bedrooms, two luxurious bathrooms and a separate guest toilet. The principal bedroom enjoys direct access to a private 20 m² terrace overlooking the peaceful central courtyard garden, creating a rare sense of privacy in the heart of the city.

Three balconies bring further natural light into the apartment, while carefully selected details include herringbone parquet flooring, traditional Mallorcan shutters and an attractive feature fireplace. The high-quality fitted kitchen complements the elegant interior, with underfloor heating, ducted air conditioning, heat-pump heating and Climalit glazing providing excellent comfort throughout the year.

Beyond the apartment, Palau Peña makes an immediate impression. A cobbled entrance leads into a landscaped courtyard filled with mature plants and trees, centred around a contemporary fountain. With only five residences, the building retains an intimate and exclusive atmosphere.

Residents also benefit from direct lift access and a fitness centre. Combining generous outdoor space, historic architecture and an exceptional Old Town setting, this beautifully renovated home places Palma’s restaurants, boutiques, galleries and cultural landmarks within easy reach.

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.

Property highlights