Versatile Mixed Use Property With Roof Terrace & Views

A Property Defined by Possibility – Mixed-Use Corner Property for Sale in El Terreno, Palma de Mallorca
This is not a conventional home — it is a highly versatile mixed-use property for sale in El Terreno, Palma de Mallorca, offering exceptional flexibility, immediate usability, and significant adaptation and long-term development potential.
Whether you are looking to:
Live in the apartment above while using the lower level as additional space (TV room, guest area, home office or private studio)
Combine residential living with professional use below, with a clear separation between home and work
Create a unique townhouse with generous living areas and private parking
Maintain the current residential and mixed-use configuration
Or develop a completely new project in the future (an existing project plan is already available)
…the options are truly extensive.
The property already provides a functional layout suitable for immediate use, while giving the future owner the freedom to adapt the spaces according to lifestyle, business needs, or investment strategy.
A viewing is essential to fully appreciate the layout, volumes, natural light, and outstanding long-term upside this property offers.
Located in El Terreno, one of Palma’s most established and sought-after neighbourhoods, this corner property presents a rare opportunity to acquire a mixed-use asset with dual street access and outstanding flexibility.
Thanks to its desirable corner position, the property benefits from independent entrances from two streets, enhancing privacy and functionality:
The ground-floor premises are currently accessed from Joan Miró
The residential apartment enjoys independent access from Méndez Pelayo
This unique layout is ideal for buyers seeking a home with workspace, a multi-purpose property, or an investment with future conversion potential.
The Residential Apartment with Sunny Roof Terrace
The main residence is a first-floor apartment with private street access, offering approximately 147 m² constructed area, complemented by a sunny rooftop terrace.
The apartment is thoughtfully designed with generous proportions and a clear separation between private and social areas, featuring:
A spacious master bedroom with en-suite bathroom, double sinks, double shower and WC, with underfloor heating
A large walk-in closet connected to the master suite, also with underfloor heating
A second bedroom
A second full bathroom
A bright and spacious living and dining area with large windows that flood the space with natural light throughout the day, creating a warm and welcoming atmosphere. The kitchen is separate and can be closed off with a door, offering both practicality and privacy.
From the main level, an internal staircase leads to the upper floor, which offers:
A stunning roof terrace with a secondary kitchen, ideal for outdoor living and entertaining
Open views towards Bellver Castle, along with a slight sea glimpse, making this an exceptional space for outdoor dining, relaxation and enjoying Palma’s climate
Ground-Floor Premises (Flexible Multi-Purpose Space)
In addition, the property includes a ground-floor premises of approximately 150 m², currently equipped with two bathrooms.
This space offers outstanding flexibility and may be used as:
Additional living space / extension of the home
Home office or professional premises
Guest accommodation or private studio
Garage and storage
Or integrated into a larger townhouse project (a project proposal already exists)
Key Features
Approx. mixed-use zoning
Corner property with dual street access
Independent entrances from Joan Miró and Méndez Pelayo
Sunny roof terrace with Bellver Castle views and a sea glimpse
Two independent levels
Exceptional flexibility and strong future investment potential
A unique opportunity in a prime Palma de Mallorca location — ideal for private buyers, professionals or investors seeking a property with immediate usability, lifestyle appeal and long-term value-add potential.