Historic house in Old Town, Palma

  • €5.850.000
Old Town, Palma, Spain
For Sale
Historic house in Old Town, Palma
Old Town, Palma, Spain
  • €5.850.000
  • pm-422
  • Property ID
  • 5
  • Bedrooms
  • 5
  • Bathrooms
  • 395
  • m2
  • 57m2
  • Terrace Area

Description

Located in Palma’s historic Calatrava quarter, this exceptional town palace combines original architectural features with contemporary interiors and modern facilities. The property offers a unique opportunity to own a historic residence in one of Palma’s most established neighbourhoods, within walking distance of the Cathedral and the city’s main attractions.

The property offers approximately 394 m² of living space across several levels, together with around 57 m² of terraces, including a rooftop terrace with views over the rooftops of Calatrava. The flexible layout can accommodate between two and five en-suite bedrooms, as well as a separate studio apartment, allowing the space to be adapted to suit the future owner.

A traditional Mallorcan patio forms the centre of the property, connecting the different levels and bringing natural light into the interior. Historic details include medieval masonry, original timber structures, coffered ceilings, natural stone and part of Palma’s old city wall, preserving the character of the building throughout the restoration.

The renovation incorporates an open-plan living and dining area with a designer kitchen, passenger lift, garage with direct patio access, and a private heated indoor saltwater pool. Modern features include an air-to-water heat pump, solar installation, energy-efficient windows, KNX home automation and security systems. Additional spaces can be adapted for use as a gym, spa or further bedroom.

The property is being comprehensively restored under an approved building permit and benefits from a tourist rental licence, offering flexibility for both private use and rental purposes. Its central location places the Arab Baths, Passeig del Born, the marina and Paseo Marítimo within easy reach, while Palma Airport is approximately 10 minutes away by car.

Facts

  • Property ID: pm-422
  • Price: €5.850.000
  • Property Size: 395 m2
  • Bedrooms: 5
  • Bathrooms: 5
  • Property Type: Townhouse
  • Property Status: For Sale
  • Terrace Area: 57m2

Features

  • Air Conditioning
  • Alarm System
  • Barbeque
  • Built-in Kitchen
  • Elevator
  • Garage
  • Laundry
  • Swimming Pool

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