A Unique Residence In One Of Palma’s Most Prestigious Locations

Set on Avenida Antoni Maura, overlooking S’Hort del Rei and just a few steps from Passeig del Born, this distinctive, fully renovated apartment is located in a historic building dating back to 1900.

Its privileged position offers, particularly during the winter months, views towards S’Hort del Rei, the Royal Palace of La Almudaina and Palma Cathedral, in one of the city’s most iconic and exclusive settings. In summer, the leafy tree canopy transforms the outlook while providing a pleasant sense of freshness and privacy, without compromising the natural light inside the property.

The apartment has undergone a complete renovation, carried out with particular attention to the quality of the materials and to preserving the original character of the property. Architectural features such as the high ceilings and exposed wooden beams have been carefully retained and enhanced, complemented by thoughtfully selected finishes including stucco walls, local Binissalem stone in the kitchen and bathroom, and porcelain stoneware flooring.

The result is an elegant yet welcoming home in which traditional character blends naturally with modern comfort.

The accommodation comprises a spacious and bright living and dining area, a separate kitchen, three bedrooms —one double and two singles— and one bathroom. The property also offers excellent storage space thanks to its numerous built-in wardrobes.

Further features include double glazing, ducted air conditioning, an osmosis water filtration system and a water softener, ensuring a high level of everyday comfort.

The property also includes a storage room and access to a communal rooftop terrace, providing an additional outdoor space from which to enjoy the privileged surroundings of Palma’s historic centre.

The building has undergone structural reinforcement, while retaining the character and distinctive features of an early 20th-century property.

Located on the third floor of a building without a lift, this apartment is particularly suited to those seeking something increasingly difficult to find: an authentic property combining high-quality finishes with an exceptional location in the historic and monumental heart of Palma.

Asesoría Industria is a registered real estate agency included in the Official Register of Real Estate Agents of the Balearic Islands (ROAIIB). Registration no. GOIBE731396/2024.

Information regarding purchase taxes and costs

The asking price of the property is €1,100,000. This amount includes the real estate agency fees, which will be paid by the seller.

The price does not include any taxes and expenses arising from the purchase that are legally payable by the buyer.

Depending on the nature of the transaction, the purchase may be subject to Property Transfer Tax (ITP) or, where applicable, Value Added Tax (VAT) and Stamp Duty (AJD).

For guidance purposes only, in a transaction subject to the standard ITP rates and based on a purchase price of €1,100,000, the tax payable in the Balearic Islands would currently amount to approximately €102,000.

The final tax liability will depend on the circumstances of the transaction and, where applicable, on the buyer’s personal circumstances and eligibility for any available tax relief.

The buyer will also be responsible for any notarial and Land Registry fees legally payable by them, the final amount of which will depend on the applicable tariffs and the specific circumstances of the transaction.

ITP and AJD must be self-assessed, paid and filed within one month from the date of the transaction or contract.

Should you require any further information regarding the property, the purchase process or the applicable taxes and costs, please do not hesitate to contact us.