Penthouse In Palma, Santa Catalina, For Sale

Situated in one of Palma’s most prestigious and sought-after locations, directly opposite the iconic Sa Feixina Park, just a few metres from the Paseo Marítimo and in the very heart of Santa Catalina, this exceptional property offers a rare opportunity for a complete renovation. A unique investment distinguished by its generous size, outstanding location and remarkable potential.
Santa Catalina is one of Mallorca’s most vibrant and characterful neighbourhoods. Its lively streets, renowned food market, outstanding selection of restaurants, cafés and boutique shops, together with its proximity to the historic centre, the marina and the sea, make it one of the island’s most desirable places to live or invest.
The property offers 330 m² of built area, currently arranged over two levels of approximately 165 m² each, providing an outstanding foundation for the creation of a high-end residential project.
One of its greatest advantages is the existing layout, which allows for the possibility of creating two completely independent apartments. This makes it particularly attractive both as an investment opportunity and as a family residence, with the option of using one home as a primary residence and the other for rental income or guest accommodation.
The property retains numerous original architectural features that add character and authenticity, providing the perfect canvas for creating a contemporary home while preserving the charm of traditional Mallorcan architecture.
Adding even more appeal is the spacious rooftop terrace, an exceptional outdoor space offering endless possibilities to create an impressive entertainment area, sun terrace, outdoor dining space or elegant chill-out area overlooking the urban landscape of Santa Catalina.
The property is accessible exclusively via stairs and therefore does not have a lift or private parking.
An outstanding opportunity to develop an exclusive residential project in one of Palma’s most promising and highly sought-after locations.