Gated complex apartment for sale in Palma City Centre with various terraces and private terrace

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.

For additional information contact BALEARIC PROPERTIES ESTATE AGENTS MALLORCA by email or call the Puerto Portals Office (+34) 971 68 40 00 – See more details about other apartments for sale in Palma or find out more about buying a home in Palma .

“Balearic Properties has been in business on the Balearic Islands for many, many years. The company headquarters is on Mallorca and over the years, we have built up an unparalleled portfolio of properties to suit every budget, by means of which we have already successfully helped 10.000 clients find their new home on the Balearic Islands. Our project management and construction companies offer a unique range of luxury, turn-key villas to suit all individual and personal needs. We also offer over 200 holiday villas that guarantee our clients an unforgettable holiday experience.

Balearic Properties is the exclusive associate of Savills in Mallorca. The company offers clients a vast experience of over 20 years in the local property market. Our portfolio includes all sorts of modern villas, country homes, and trendy new developments in the best areas of Mallorca. Balearic Properties also specialises in waterfront properties and large estates. The company offers a complete, all-around property service including property management, holiday lettings, project management and legal services.”

Property features

• Fireplace
• 5-10 minutes to shops
• Close to all amenities
• Quiet location
• Spacious accommodation
• Good road access
• Investment property
• Open fireplace
• Electricity
• Full of character
• Near amenities
• Prestigious area
• Residential location
• Sought after area
• Very good access
• Private terrace
• Accessible all year round
• Lift
• Walking distance to rest.
• Luminous
• Roof terrace
• Renovation needed
• Various terraces
• Sunny terraces
• Gated complex
• Laundry room
• Terrace
• Utility room
• Close to schools
• Walking distance to cafés
• Terrace balcony
• Wooden beams
• High ceilings
• With building project
• Reception with fireplace
• Wooden house