Palma De Mallorca Building

🏛️ EXCLUSIVE FOR INVESTORS – Entire building for sale in the heart of Palma’s historic center (opposite La Lonja)

A unique opportunity to acquire a whole building in one of the most sought-after and iconic areas of Palma de Mallorca.
The property includes 4 independent residences (3 duplexes + 1 apartment), each with its own cadastral reference, building energy certificate, and individual energy certificate for each unit.
Additionally, as there is a single owner, it is possible to apply for a ”vacation rental license.”

The building passed the Technical Building Inspection (ITE) in 2024, and each apartment has its own occupancy certificate and independent energy certificate.

Prime location, high current profitability, and even greater potential for appreciation.

🔸 Ground Floor Duplex (126m²) – Characterful residence + Garage (RENTED)

Lease valid until April 2030.

Layout:
Main floor: spacious entrance hall, large room ideal as an office or bedroom, full bathroom, laundry room, and large garage space.
Upper floor: fully renovated kitchen, original wooden floors, charming light well, and direct access to the garage from inside.

This ground floor also offers the possibility to be converted into two independent apartments, further increasing profitability.

🔸 First Floor Duplex (124m²) – Fully renovated and vacant

Layout:
Lower floor: open kitchen integrated with living room, 2 double bedrooms, and a full bathroom. Plus a balcony connecting all rooms.
Upper floor: 1 double bedroom with balcony and en-suite bathroom.

Bright, renovated home ready to occupy or rent from day one.

🔸 Second Floor Duplex (106m²) – Excellent condition (RENTED)

Lease valid until August 2030.

Layout:
Lower floor: open kitchen integrated with living room, 1 double bedroom with balcony, and a full bathroom.
Upper floor: 1 bedroom with en-suite bathroom.

🔸 Third Floor Apartment (79m²) – (RENTED)

Lease valid until November 2030.

Layout:
Single floor with integrated living room and kitchen, 2 bedrooms, and 1 full bathroom.
Exposed beams add character.

TERRACE accessed from the main staircase, exclusively for this apartment.

💼 Key data for investors

- Established rents and long-term contracts.
- Potential for increased profitability:
✔ Vacant first-floor duplex
✔ Possibility to create 2 apartments on the ground floor
✔ Option to apply for a vacation rental license

Entire property in a prime area: opposite La Lonja, steps from the Paseo Marítimo, the Cathedral, and the historic center.

4 independent cadastral references.

📞 A solid investment in an exceptional location

Perfect for those seeking security, stable returns, and a unique asset in one of Palma’s most coveted spots.

The sale price includes the real estate agency fees, which will be paid by the seller, plus the VAT on these services. The price does not include the applicable ITP or VAT tax, which is 8%, nor notary or registry fees, estimated at around 2%, which must be paid upon signing the public deed.
Tax percentages are calculated on the final public deed price and may vary depending on subsidies, aid, age, and other taxpayer circumstances.

Official real estate agent of GOIBE 122441/2026.