This spacious and bright apartment is located in a quiet yet central area of Palma, overlooking the Mercado del Olivar. Situated in an elegant building with an elevator, the apartment has been recently fully renovated and is filled with natural light both in summer and winter.
The property is located in a classic old building that combines the character of traditional architecture with a
This spacious and bright apartment is located in a quiet yet central area of Palma, overlooking the Mercado del Olivar. Situated in an elegant building with an elevator, the apartment has been recently fully renovated and is filled with natural light both in summer and winter.
The property is located in a classic old building that combines the character of traditional architecture with a carefully executed, contemporary renovation from 2023 to 2024. During the renovation, original elements such as the historic stone floor, the ornate plaster decorations on the ceilings, and the old doors with their original fittings were intentionally preserved and harmoniously combined with modern home technology. This created a harmonious combination of historical substance and contemporary amenities.
The layout includes three bedrooms, a study, a dressing room, two fully equipped bathrooms, and a separate guest toilet. Thanks to the good orientation and large windows, all rooms are spacious and very bright. The living space is complemented by a terrace of approximately 12 square meters and two additional balconies facing south, which extend the living space outdoors and can be used all year round. Optionally, a parking space can be rented for 140 euros per month.
The location directly at Mercado del Olivar is one of the special advantages of this property. It is one of the most established and sought-after residential areas in Palma, valued for its authentic local atmosphere, diverse gastronomy, and proximity to shops, services, and the historic old town. Here, urban life can be enjoyed in a peaceful atmosphere, just a few steps away from the city center.
The 07002 postcode places you in the heart of Palma’s historic centre, within the area bounded by the old city walls and anchored by the Mercado del Olivar. This is one of the most established residential addresses in the Balearic capital, where 19th-century apartment buildings line streets that open onto neighbourhood squares and covered markets. The district carries genuine urban weight: it is where Palma residents actually live, shop, and eat, rather than a tourist-facing perimeter.
The Mercado del Olivar is directly on the doorstep, offering fresh produce, fish, and prepared food daily. Carrer dels Oms and Passeig del Born are within a five-minute walk, with restaurants including Marc Fosh and Aromata close by. The Cathedral of Palma and the old town are reachable on foot in under ten minutes.
Palma Airport (PMI) is approximately 11 kilometres from the city centre, typically 20 to 25 minutes by car or taxi, and is served by direct flights to most major European cities year-round, with significantly expanded routes from April through October. The ferry terminal connects Palma to Barcelona, Valencia, and Ibiza, with overnight crossings to the mainland. There is no high-speed rail link to the peninsula, making the airport the primary connection for international buyers.
Our real estate office in Mallorca’s capital Palma, centrally situated in a side road off Jaime III, the city’s
Our real estate office in Mallorca’s capital Palma, centrally situated in a side road off Jaime III, the city’s most famous shopping street. From this office, our expert team serves the prestigious addresses of Jaime III and Borne, best known for their upmarket boutiques, alongside historic old town Palma, the vibrant areas of La Lonja and Santa Catalina as well as fashionable Calatrava. We also look after the city’s surrounding suburbs which include the golfing paradise of Son Vida, the residential district of Establiments to the north of Palma, Bonanova and Genova to the west. Listings will be kept exclusive, all villas and apartments priced above 500,000 euros, as we continue to consolidate our position at the very high end of the luxury real estate market in Mallorca.