Duplex Penthouse With Private Terrace

Located in the heart of Palma de Mallorca’s Old Town, this exclusive newly built duplex penthouse with direct private lift access combines historic charm with contemporary comfort. It overlooks a lush landscaped courtyard with smoothing water feature and trees providing the perfect shade during the hot summer months while letting the warming sunshine through during the winter months.

The main living level features a bright and elegant open-plan living and dining area with a fully fitted modern kitchen and a welcoming fireplace, creating an ideal setting for both everyday living and entertaining. This floor also comprises three generous double bedrooms, including a master suite with an en suite bathroom, a second bathroom, a guest WC, and a separate laundry room.

The upper level offers a versatile additional space, perfectly suited as a guest suite, home office, study, or private library, complete with its own en suite bathroom. From here, you access a superb 13 m² private rooftop terrace, an exceptional feature in Palma Old Town, ideal for enjoying the Mediterranean climate, al fresco dining, or relaxing in total privacy above the city rooftops.

The apartment is for sale fully furnishedand with unflorr heating throughout, providing a turnkey luxury residence in one of Palma’s most sought-after historic locations. This property represents an excellent opportunity as a primary residence, exclusive second home, or high-quality investment in the Palma de Mallorca real estate market.

The Palau Peña building which has just completed construction in April 2026 is included in Palma’s Catalogue for the Protection of Buildings and Elements of Historical, Artistic, Architectural, and Landscape Interest. The building was documented in the cadastral registry of 1685, subsequently, Pere d´Alcántara Peña Nicolau, master builder and writer (1823-1906), was recorded as the owner from 1853 onward. His parents refurbished the house in 1852, converting the old Gothic house into a multi-family building.

From here you can do your weekly shopping, dine in the many nearby bars and restaurants, go to the hairdresser or conveniently visit museums, concert halls, or theatres, and take part in the numerous year around festivals and special events offered in the various plazas around Old Town. All this and so much more make moving to Palau Peña a unique and rewarding experience.

One of the best preserved old towns in Spain featuring the most amazing Gothic architecture in the Mediterranean surrounded by hundreds of narrow streets, excellent shopping, great restaurants, art galleries, museums, and the amazing ancient passage leading to important historic monuments, landmark buildings, and the jewel of the crown: Catedral Santa Maria, La Seu. It is very popular for the nightlife and offers very trendy places to visit, like Passeig del Born, Avenida de Jaume III, Passeig de la Rambla, La Llonja and some of the most visited “Plazas”, such as Plaza Santa Eulalia, Plaza Cort, Plaza Mercat and Plaza Mayor among others. Casco Antiguo is one of the most desirable districts for property investment. Many of them have been renovated over the past few years and have been turned into luxury apartments, fitted with all the modern amenities.