$5,189,329

Detached House With Renovation Project In Palma's Old Town

  • 5 Beds
  • 8 Baths
  • 5,382 Sqft
  • 24
    Views for last 30 days
  • 1

About the Property

This historic building in the Old Town of Palma represents an exceptional opportunity to develop a unique residence through a comprehensive renovation project with a current license.

Built in 1887 and officially protected with the heritage classification Grade A*, the highest level of protection in Palma, the property is located on a corner plot with facades on two streets and offers appr
This historic building in the Old Town of Palma represents an exceptional opportunity to develop a unique residence through a comprehensive renovation project with a current license.

Built in 1887 and officially protected with the heritage classification Grade A*, the highest level of protection in Palma, the property is located on a corner plot with facades on two streets and offers approximately 580 m² distributed over three floors, a basement, and a rooftop terrace. The main structure is preserved, allowing for swifter progress in the execution of the project and providing freedom to define the final finishes according to the future owner’s preferences.

The planned design combines traditional Mallorcan architecture with contemporary elements, including high ceilings, original wooden beams, and restored historical details. The property incorporates an elevator, a wellness area in the basement with original vaults, space for an indoor pool, jacuzzi, sauna, gym, and relaxation area. The ground floor features an impressive eight-meter-high lobby, while the upper floors offer spacious living areas, kitchen, bedrooms, library, and an independent guest apartment with access to a rooftop terrace with panoramic views.

Located in the heart of the Old Town of Palma, this property is surrounded by centuries-old streets, iconic buildings, art galleries, restaurants, shops, and all the services of the capital of Mallorca. The area is noted for its architectural charm, proximity to the cathedral, its cultural atmosphere, and its great appeal as a residential destination and real estate investment in Mallorca.
  • Property type

    House

  • Year built

    1887

  • Price/sqft

    $964

Features

  • Pool
  • Terrace
  • Garage
  • Fireplace
  • Indoor Pool
  • Library
  • Jacuzzi
  • Modern
  • Elevator
Features

Lot

  • Panoramic / Scenic View
  • City View
  • Investment Property
  • Renovated
  • Modern

Indoor

  • High Ceiling
  • Fireplace
  • Air Conditioning
  • Kitchen island
  • Jacuzzi
  • Elevator
  • Library
  • Basement
  • Indoor Pool
  • Walk In Closet
  • Fitness Center / Gym

Outdoor

  • Terrace
  • Pool
  • Garage
  • Outdoor Living Space

Explore the Area

Old Town, Palma, 07002, Spain View on Google Maps
Price per sqft
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Located in the heart of Palma, this property offers excellent access to major transport hubs including Palma de Mallorca Airport and the city’s main train station. Nearby, buyers will find upscale dining options, cultural landmarks such as the Palma Cathedral, and luxurious golf clubs. The vibrant local lifestyle is complemented by proximity to international schools and outdoor spaces along the Mediterranean coast, providing a refined living experience.
Get nearby
Attractions
Schools
Palma de Mallorca Airport
Airport
15 min
Palma Intermodal Station
Train Station
5 min
Club de Mar Marina
Port / Marina
7 min
Palma Cathedral (La Seu)
Culture & Heritage
4 min
Golf Son Gual
Golf & Country Clubs
20 min
Es Baluard Museum of Modern and Contemporary Art
Culture & Heritage
6 min
Zaranda Restaurant
Dining & Wine
15 min
Font Santa Spa
Luxury Wellness & Spas
25 min
International College Spain
International School
15 min
American School of Mallorca
International School
20 min
Jesuit School Palma
Private School
7 min

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Ben Markslag

Joined 11 years ago
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Ben Markslag
Balears, Illes, Spain
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16
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2025
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Spain Sotheby's International Realty
Spain Sotheby's International Realty
Puerto de Andratx Avda. de Mateo Bosch, 7, Avda. de Mateo Bosch, 7, 07157, Andratx, Balears, Illes, Spain
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Our office in the Southwest of the island is situated in the picturesque Puerto
de Andratx. Mallorca Sotheby´s
Our office in the Southwest of the island is situated in the picturesque Puerto
de Andratx. Mallorca Sotheby´s International Realty offers an unparalleled range
of exclusive homes including plots, villas and frontline properties throughout
the Southwest of the island. You will be impressed with the large selection of
quality properties in the most sought after areas of Puerto de Andratx, Monport,
Cala Llamp, Camp de Mar, as well as Bendinat, Santa Ponsa, Puerto Portals, Costa
d’en Blanes, Sol de Mallorca, and Costa de la Calma. Our reputation for
providing impeccable service to our clients as well as our deep knowledge of
Mallorca, local property values and luxury real estate has enabled us to
position ourselves as one of the leading estate agents on Mallorca.
Last updated
July 21
First listed
Jul 21
Listing reference
WPK6ZQ
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