$4,156,578

Palma Villa

  • 6,653 Sqft
  • 1,712 Sqft lot
  • Updated: March 26
  • 1
    Views for last 30 days

About the Property

In the heart of Palma’s historic centre, this former hotel from 1900 represents a rare opportunity to restore a landmark property of remarkable heritage value. Originally an early 20th-century inn and later officially classified as a hotel in the 1950s, the building reflects the origins of Mallorca’s tourism era.

The property preserves significant architectural elements, including hidden
In the heart of Palma’s historic centre, this former hotel from 1900 represents a rare opportunity to restore a landmark property of remarkable heritage value. Originally an early 20th-century inn and later officially classified as a hotel in the 1950s, the building reflects the origins of Mallorca’s tourism era.

The property preserves significant architectural elements, including hidden medieval arches on the side façade — remnants of the old oil market — adding exceptional character and historical depth.

With 768 ㎡ of constructed area and generous interior volumes, the building offers outstanding potential for transformation into an exclusive private residence or several high-end residential units (hotel licence no longer active). Living Space: 618 ㎡; Plot Size: 159 ㎡.

A distinguished restoration project in one of Palma’s most prestigious and authentic locations — ready to begin its next chapter.

Please contact us for further information or to arrange a viewing. The information contained in this exposé has been provided by the property owner; therefore, we cannot assume responsibility for the accuracy of the data. Kensington REF: KPP08307
  • Property type

    Villa

  • Price/sqft

    $624

Features

  • High Ceiling
  • Balcony

Explore the Area

Mallorca, Palma, Balearic Islands, Spain View on Google Maps
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Palma is the capital of the Balearic Islands and one of the most architecturally significant cities in the western Mediterranean. Its historic centre, anchored by the Gothic cathedral of La Seu and the Almudaina Royal Palace, carries centuries of Moorish, Gothic, and Baroque layering that gives the city a density of character rare among island capitals. The old town’s network of stone-paved streets, patrician courtyards, and converted palaces has attracted a discerning international residential community without sacrificing its authenticity.

Daily life in central Palma centres on the Mercat de l’Olivar for fresh produce, and a concentrated dining scene that includes Marc Fosh, Aromata, and Celler Sa Premsa. The Passeig des Born serves as the main civic promenade. The Fundació Miró Mallorca and Es Baluard museum of modern art are both within easy reach of the historic core.

Palma Airport (PMI) is approximately 11 kilometres from the city centre, reachable in around 15 to 20 minutes by car or taxi, and operates direct routes to most major European cities year-round, with significantly expanded capacity in summer. The port connects to Barcelona, Valencia, and Ibiza via regular ferry services. High-speed ferry crossings to Barcelona take approximately four hours. There is no high-speed rail connection to the mainland, making the airport the primary international gateway.
Get nearby
Attractions
Schools
Palma de Mallorca Airport
Airport
14 min
Estació Intermodal
Train Station
8 min
Port of Palma
Port / Marina
9 min
Catedral-Basílica de Santa María de Mallorca
Culture & Heritage
5 min
Passeig del Born
Shopping & Lifestyle
4 min
Arabella Golf Mallorca
Golf & Country Clubs
17 min
Michelin Restaurant Adrián Quetglas
Dining & Wine
6 min
Queen's College Mallorca
International School
13 min
The Academy School
Private School
14 min
Public School CEIP Sa Graduada
Public School
5 min

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Bima Holding 2023 S.L.

Joined 4 years ago
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Bima Holding 2023 S.L.
Spain
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151
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2022
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Bima Holding 2023 S.L.
Bima Holding 2023 S.L.
Calle Conquistador N° 8 bajo, 07001 Palma de Mallorca, SPAIN, 07001, Palma de Mallorca, Islas Baleares, Spain
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KENSINGTON Finest Properties International AG has specialised in the marketing of high-quality real estate for ove
KENSINGTON Finest Properties International AG has specialised in the marketing of high-quality real estate for over 23 years. Since 2011, the company has been growing internationally through the awarding of franchise licences and is now represented in over 81 locations in Germany, Switzerland, Austria, the Balearic Islands and mainland Spain, as well as in Dubai. In 2021, commission revenue in the residential real estate division more than doubled year-on-year with growth of 108%, while the average purchase price per transaction increased by 37.5%. In addition to the real estate division, the KENSINGTON Group includes a mergers & acquisitions company ([hidden information]), an art company ([hidden information]), and a family office ([hidden information]). KENSINGTON is also the publisher of the life style magazine OnLOCATION ([hidden information]). 
Last updated
March 26
First listed
Feb 20
Listing reference
KPP08307
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