Property search Lägenhet · Palma De Majorca, Balearic Islands province
Ref: JOT-V1664PM
  • 3,044 m²

€7,500,000

Lägenhet · Palma De Majorca, Balearic Islands province

Balearerna / Balearic Islands province / Mallorca / Palma De Majorca

Price per m² €2,464
Built area 3,044 m²

Property Description

Unique Investment Opportunity in the Historic Centre of Palma de Mallorca. Listed building for commercial use only with great potential in the heart of Palma de Mallorca, strategically located between the emblematic streets Sant Feliu and Jaume III, one of the most exclusive areas with the highest pedestrian traffic in

Unique Investment Opportunity in the Historic Centre of Palma de Mallorca. Listed building for commercial use only with great potential in the heart of Palma de Mallorca, strategically located between the emblematic streets Sant Feliu and Jaume III, one of the most exclusive areas with the highest pedestrian traffic in the city. This unique property offers a unique investment opportunity for developers, investors, or companies looking for an exclusive project in the historic centre of Palma. The building has ample interior spaces and a versatile layout that allows for multiple possibilities of use, from a boutique shopping centre, an art gallery, a gastronomic space with a terrace, or even a high-end gymnasium. It is a property with character, protected as a listed property, which guarantees the maintenance of its heritage and architectural value. Although it requires a complete refurbishment, the structure is solid and allows for the development of a unique project, adapted to both commercial and cultural or recreational use. One of the main attractions of the building is its large upper terrace, ideal for installing a bar or restaurant with panoramic views of the centre of Palma, which adds incalculable added value. Situated just a few steps from the Paseo del Borne, the Cathedral, and surrounded by galleries, luxury shops, and boutique hotels, this building is perfect for creating an innovative space in one of the most dynamic and sought-after cities in the Mediterranean. This property offers an unbeatable location and great potential for revaluation. One of the best-preserved old towns in Spain featuring the most amazing Gothic architecture in the Mediterranean surrounded by hundreds of narrow streets, excellent shopping, great restaurants, art galleries, museums, and amazing ancient passages leading to important historical monuments, landmark buildings, and the jewel of the crown: Catedral Santa Maria, La Seu. It is very popular for the nightlife and offers very trendy places to visit, like Passeig del Born, Avenida de Jaume III, Passeig de la Rambla, La Llonja and some of the most visited “Plazas”, such as Plaza Santa Eulalia, Plaza Cort, Plaza Mercat and Plaza Mayor among others. Casco Antiguo is one of the most desirable districts for property investment. Many of them have been renovated over the past few years and turned into luxury apartments with all the modern amenities.

Overview

Property Type

Apartment

Apartment

Listing Last Updated

28/10/2026 22:48

Location

Balearerna / Balearic Islands province / Mallorca / Palma De Majorca

MLS ID

JOT-V1664PM

Property Features & Amenities

Location

Purchase expenses

Our expenses calculator will provide an estimate of all costs involved in buying a house in Spain. Use these figures as a guideline only: the actual figures will vary according to the property's location and the bank you choose, among other factors. To the total, you must add your mortgage payments, and comisión de apertura if your bank charges it.

Affordability

Calculate your monthly mortgage payments

Contact us

Interested in this property? Our dedicated agents are here to help you every step of the way — from viewing to keys in hand.

Simon Mosel

Area Manager

[email protected]

I agree to be contacted by HOMES-ABROAD.COM. via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy. 

The Area

Costa del Sol

A stunning stretch of Mediterranean coastline in southern Spain, renowned for its year-round sunshine, world-class golf courses, vibrant nightlife and beautiful beaches.

Read More