$3,820,872
Mallorcan Palace For Sale – Palma De Mallorca
- 20 Beds
- 5 Baths
- 9,688 Sqft
- 9,688 Sqft lot
- Updated: July 16
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7
Views for last 30 days
About the Property
Mallorcan Palace for Sale – Palma de Mallorca
660 m² built | 900 m² plot | 5 levels | Residential, tourist or commercial use
A unique property from 1925, fully restored, located in one of the most promising areas of Palma, just steps from the renovated Paseo Marítimo and surrounded by high-end hotel projects.
It stands out for its traditional Mallorcan architecture, tower with views of
660 m² built | 900 m² plot | 5 levels | Residential, tourist or commercial use
A unique property from 1925, fully restored, located in one of the most promising areas of Palma, just steps from the renovated Paseo Marítimo and surrounded by high-end hotel projects.
It stands out for its traditional Mallorcan architecture, tower with views of
Mallorcan Palace for Sale – Palma de Mallorca
660 m² built | 900 m² plot | 5 levels | Residential, tourist or commercial use
A unique property from 1925, fully restored, located in one of the most promising areas of Palma, just steps from the renovated Paseo Marítimo and surrounded by high-end hotel projects.
It stands out for its traditional Mallorcan architecture, tower with views of the sea and Bellver Castle, terraces, Mediterranean gardens, and multiple versatile spaces.
Permitted uses:
Exclusive single-family residence
Division into apartments (minimum 120 m²/unit)
Boutique hotel of up to 20 rooms
Restaurant, offices, gallery, wellness or coworking
Co-living or flex-living
Public equipment or establishment (on the ground floor)
Strategic potential:
Protected building, with new favorable tourist regulations (Decree Law 4/2025 – BOIB 15/04/2025):
Increase of urban tourist places from 200 to 500 for cataloged buildings
Area with high residential and tourist demand
Great possibilities for exploitation and appreciation
Unique opportunity to create a solid and profitable heritage asset in the heart of Palma.
660 m² built | 900 m² plot | 5 levels | Residential, tourist or commercial use
A unique property from 1925, fully restored, located in one of the most promising areas of Palma, just steps from the renovated Paseo Marítimo and surrounded by high-end hotel projects.
It stands out for its traditional Mallorcan architecture, tower with views of the sea and Bellver Castle, terraces, Mediterranean gardens, and multiple versatile spaces.
Permitted uses:
Exclusive single-family residence
Division into apartments (minimum 120 m²/unit)
Boutique hotel of up to 20 rooms
Restaurant, offices, gallery, wellness or coworking
Co-living or flex-living
Public equipment or establishment (on the ground floor)
Strategic potential:
Protected building, with new favorable tourist regulations (Decree Law 4/2025 – BOIB 15/04/2025):
Increase of urban tourist places from 200 to 500 for cataloged buildings
Area with high residential and tourist demand
Great possibilities for exploitation and appreciation
Unique opportunity to create a solid and profitable heritage asset in the heart of Palma.
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Property type
Estate
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Price/sqft
$394
Explore the Area
Paseo Marítimo, Palma De Mallorca, 07001, Spain
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Situated in Palma de Mallorca city center, this property offers excellent accessibility to Palma de Mallorca Airport (10 min) and the Port of Palma (7 min). Enjoy proximity to premium dining on Passeig del Born, historic sites like Palma Cathedral, and exclusive golf clubs nearby. The area features reputable international and private schools, perfect for families seeking a balanced urban and leisure lifestyle on the Mediterranean island.
Get nearby
Attractions
Schools
Palma de Mallorca Airport
Airport
10 min
Palma Port
Port / Marina
7 min
Palma Intermodal Station
Train Station
5 min
Real Golf de Bendinat
Golf & Country Clubs
15 min
Palma Cathedral (La Seu)
Culture & Heritage
4 min
Passeig del Born
Shopping & Lifestyle
3 min
St. Pere Restaurant
Dining & Wine
5 min
Font Santa Spa & Wellness
Luxury Wellness & Spas
20 min
Parc de la Mar
Outdoor & Nature
4 min
International College Spain
International School
10 min
The Academy International School Palma
International School
15 min
Colegio Madre Alberta
Private School
6 min
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Last updated
July 16
First listed
May 13
Listing reference
2611
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