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Penthouse for sale - Calle dels Llums, 1, Cort, Palma
70 m2, 1 bedroom, 5th floor with elevator. Renovated and furnished, featuring exposed beams, a sloped ceiling with skylights, and Mallorcan charm. Just steps from La Seu and Plaça de Cort, right in the historic center.
€565,000 – Real estate heritage in the area of Palma with the highest appreciation: Ciutat Antiga has risen 1
Penthouse for sale - Calle dels Llums, 1, Cort, Palma
70 m2, 1 bedroom, 5th floor with elevator. Renovated and furnished, featuring exposed beams, a sloped ceiling with skylights, and Mallorcan charm. Just steps from La Seu and Plaça de Cort, right in the historic center.
€565,000 – Real estate heritage in the area of Palma with the highest appreciation: Ciutat Antiga has risen 14.9% year-on-year, double the city average, in a housing market that can no longer grow. From 2026, Palma will not issue new tourist licenses, so value here is built through long-term asset management, not short-term speculation.
A heritage investment in the historic heart of Palma, with income from day one.
This unique 70 m2 penthouse is located in Cort, next to the Hotel Cappuccino, inside a stately and representative building with two elevators. Its sloped ceilings, exposed beams, skylights, and abundant natural light give it an authentic Mediterranean charm, hard to replicate in a conventional home.
It includes: - One bedroom - One bathroom - Furnished and equipped kitchen
Additionally, it has a reliable, long-term tenant, allowing the buyer to start receiving income immediately and reducing vacancy risk.
Market data supports its heritage value. In June 2026, Ciutat Antiga (which includes Cort) reached an average price of €7,170/m2, 37% above Palma’s average. More importantly, prices increased 14.9% year-on-year, compared to 7.1% for the entire city.
This trend reflects a structural reality: Cort has very limited supply, protected buildings, and almost no possibility for new construction. Therefore, the investment should be valued not only for immediate returns but also for the combination of stable income, capital preservation, asset scarcity, and appreciation potential.
Position your capital in one of Palma’s most exclusive and established locations before the upward trend further reduces entry opportunities, and start receiving income from day one.
If you have any questions, remember you can chat with Rosa.