$1,499,276

Versatile Mixed Use Property With Roof Terrace & Views

  • 4 Beds
  • 4 Baths
  • Updated: January 22

About the Property

Endless Potential: A Versatile Corner Asset in El Terreno, Palma.
This is far more than a standard residence; it is a rare, multi-functional corner property situated in the heart of the revitalized El Terreno neighborhood. Offering a unique blend of immediate livability and immense future growth, this asset is a premier choice for those who value architectural freedom and strategic investment.
Endless Potential: A Versatile Corner Asset in El Terreno, Palma.
This is far more than a standard residence; it is a rare, multi-functional corner property situated in the heart of the revitalized El Terreno neighborhood. Offering a unique blend of immediate livability and immense future growth, this asset is a premier choice for those who value architectural freedom and strategic investment.

A Layout That Adapts to You.

The property’s dual-street orientation provides two completely independent entrances, ensuring total privacy between the levels. Whether you envision a sophisticated home-office setup, a sprawling single-family townhouse with private parking, or a high-yield investment project, the infrastructure is already in place to support your vision.

Upper Level: The Primary Residence. The first floor hosts a bright, expansive apartment of approximately 147 m². Designed for comfort and flow, the social areas are bathed in Mediterranean light thanks to large, strategic windows.

Master Suite: Features a dedicated walk-in dressing room and a luxury en-suite bathroom, both equipped with underfloor heating.

Living Space: A generous lounge and dining area sit adjacent to a private, fully independent kitchen.

The Sky Terrace: An internal staircase leads to a private rooftop sanctuary. Complete with a second kitchen, it offers panoramic views of Bellver Castle and a glimpse of the sea—perfect for sunset dining.

Ground Floor: The Creative Canvas Spanning roughly 150 m², the lower level is currently a versatile open space with two bathrooms. Accessible directly from the street, it serves perfectly as a professional studio, a private gallery, guest quarters, or a secure garage. For those looking toward the future, a comprehensive development project plan is already available to transform the entire building.
  • Property type

    Other

Features

  • Terrace
  • Garage
  • Fireplace
  • Water View
  • Walk In Closet
  • Investment Property
  • Gas Stovetop
  • Washer Dryer
  • Panoramic / Scenic View
Features

Lot

  • Panoramic / Scenic View
  • Water View
  • Investment Property

Indoor

  • Office
  • Fireplace
  • Air Conditioning
  • Gas Stovetop
  • Washer Dryer
  • Bar
  • Laundry Room
  • Stone Countertops
  • Walk In Closet

Outdoor

  • Terrace
  • Balcony
  • Parking
  • Garage

Explore the Area

El Terreno, Palma De Mallorca, 07014, Spain View on Google Maps
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El Terreno is one of Palma’s most characterful and historically layered neighborhoods, occupying the hillside between the city centre and the Castell de Bellver. Once the social hub of Palma’s international community in the early twentieth century, it retains a distinct bohemian identity shaped by art deco and modernist architecture, independent galleries, and a resident population that values authenticity over polish. The neighborhood has undergone steady regeneration in recent years without losing the texture that defines it.

Day to day, El Terreno offers a walkable mix of independent cafés, bars along Carrer de Joan Miró, and local restaurants. The Mercat de Santa Catalina is a short drive away. Bellver Castle and its surrounding pine forest provide immediate access to walking trails and open air. The waterfront promenade at Portitxol is reachable within ten minutes by car.

Palma city centre is approximately fifteen minutes by car or accessible via local bus routes that connect El Terreno directly to the old town. Palma de Mallorca Airport is roughly twelve kilometres from the neighborhood, with a typical drive of twenty to twenty-five minutes. The airport operates year-round international routes to major European cities, and the ferry terminal in Palma connects to Barcelona, Valencia, and other mainland Spanish ports.
Get nearby
Attractions
Schools
Palma de Mallorca Airport
Airport
16 min
Estació Intermodal
Train Station
12 min
Port of Palma
Port / Marina
8 min
Castell de Bellver
Cultural & Heritage
6 min
La Seu Cathedral
Cultural & Heritage
10 min
Purobeach Illetas
Luxury Wellness & Spas
14 min
Santa Catalina Market
Shopping & Lifestyle
8 min
Balearic International College
International School
15 min
Queen's College
Private School
12 min
European Business School
University / Higher Education
11 min

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Heritage Homes Mallorca

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Heritage Homes Mallorca
Spain
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136
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2022
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Heritage Homes Mallorca
Heritage Homes Mallorca
Carretera Palma Andratx 32, Local 5, 07181, Portals Nous, Spain
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Heritage Homes Mallorca is a bespoke and innovative real estate company. We have our ear to the ground and pride o
Heritage Homes Mallorca is a bespoke and innovative real estate company. We have our ear to the ground and pride ourselves on being able to find and introduce you to all available properties that will satisfy your dreams. We will guide you through the whole process from your first viewing to moving in. Having found your property you may need lots of help and advice. This is where we can simplify the whole process whether it be legal representation or help in acquiring a mortgage. We can introduce you to our legal and mortgage associates to cover what can be a complicated undertaking. 
Last updated
January 22
First listed
Jan 22
Listing reference
SINV1105Q
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