Large Residence With Terrace And Views Of The Bay In The Historic Mediterranean Building.

Unique opportunity!
Large residence with terrace and views of the Bay in the historic Mediterranean Building.
Exceptional home located in the historic Mediterranean Building, on the front line of the Palma promenade, with a large front terrace and spectacular open views of the port, the Bay of Palma, and the Cathedral.
A property that is hard to find due to its combination of location, spaciousness, height, views, terrace, two parking spaces, and the unique character of the building.
The Mediterranean Building is one of the most recognizable properties on the Palma waterfront. Inaugurated in 1923 as the Mediterranean Hotel, it was for decades one of the city’s reference establishments. It still retains elements and spaces that recall the elegance of the great hotels of the first half of the 20th century. Throughout its history, it has hosted international personalities such as Agatha Christie, Richard Nixon, Anthony Quinn, Ava Gardner, and Grace Kelly, and some of its facilities have also been the setting for film productions. The residence is located in the upper and most representative block of the building, with access through its monumental main portal.
It has 182.49 m² of living space according to title, plus a covered front terrace of 37.97 m². According to the Cadastre, the property has 251 m² built including common elements.
The day area is one of the great attractions of the property. A spacious living-dining room opens directly to the terrace and the views of the port, creating an extraordinarily bright space that is hard to reproduce in other homes in the area.
The terrace, approximately 38 m² and east-facing, runs along a good part of the facade and has sufficient dimensions to accommodate different outdoor seating and dining areas while enjoying the Bay of Palma.
The current distribution includes three exterior bedrooms and an independent office, two full bathrooms, a courtesy toilet, an independent kitchen, a pantry, a laundry room, and various storage spaces. Most of them have marble floors.
The main bedroom, of large dimensions, also enjoys direct access to the terrace and views of the port, and the residence has numerous built-in wardrobes.
It retains much of its original finishes and distribution, offering extraordinary potential for updating to create a contemporary residence while maintaining the character, proportions, and elegance of a large classic home.
It has ducted air conditioning for hot/cold throughout the house, renewed in 2026, and individual hot water.
The residence includes two spacious adjacent parking spaces (valued at over 120,000 euros), approximately 16.60 m² and 15.40 m², comfortable for two large vehicles, something especially valuable on the front line of the promenade.
The building has two elevators and physical and video intercom service. In addition, the community has already approved the construction of a communal pool.
Main features
•Location in the upper block of the Mediterranean Building
•Front line of the Palma promenade
•251 m² built according to Cadastre, including common elements
•Terrace of 37.97 m² facing east
•Spacious living-dining room with direct access to terrace
•3 bedrooms office
•2 full bathrooms toilet
•Ducted air conditioning for hot/cold, renewed in 2026
•Panoramic views of the port, bay, and Cathedral
•2 adjacent parking spaces suitable for large vehicles
•2 elevators
•Concierge and video intercom