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Exclusive Renovated Penthouse with Rooftop Terrace and Panoramic Views in Palma Old Town

Old Town, Palma de Mallorca, Balearic Islands province

1,950,000 € Updated 1 month ago

170 m² built, 3 bedrooms, 2 bathrooms

Buy Old Town 3 bedrooms duplex penthouse

Located in a beautifully restored historic building in the very heart of Palma de Mallorca’s Old Town, this exceptional penthouse offers a rare combination of timeless elegance, modern comfort, and breathtaking rooftop views. Set on the picturesque Plaza Marqués de Palmer, the property is just moments from Plaza Mayor, the iconic La Seu Cathedral, and the Mediterranean Sea — all within easy walking distance.

The penthouse has been recently renovated with great attention to detail, seamlessly combining contemporary design with the character of a traditional Mallorcan building. The main living level features a bright and open living and dining area with an integrated kitchen and charming views towards Santa Eulalia. The layout includes two generous double bedrooms, a single bedroom, two bathrooms — one en suite — and a convenient storage room with a laundry area.

A true highlight of the property is the upper level, accessed via an elegant spiral staircase. Here, you will find an impressive private rooftop terrace with an adjoining enclosed space, ideal for creating a summer kitchen or additional lounge area. From this elevated position, the panoramic views extend across the rooftops of the Old Town to the cathedral, Santa Eulalia Church, Bellver Castle, the Mediterranean Sea, and the surrounding mountains, creating a truly unique outlook. The spacious terrace provides the perfect setting for sunbathing, entertaining guests, or enjoying warm Mediterranean evenings under the open sky.

High-quality materials and thoughtful details define the interior, including refined flooring, high ceilings with exposed wooden beams, and a harmonious blend of classic and modern elements. Comfort is ensured year-round with air conditioning (hot/cold), underfloor heating, modern double glazing, and the convenience of an elevator in the building. An additional storage room on the private terrace further enhances practicality.

Surrounded by historic architecture, stylish boutiques, and inviting cafés, Plaza Marqués de Palmer perfectly reflects the vibrant Mediterranean lifestyle. The close proximity to Sant Miquel, Las Ramblas, and the prestigious Passeig del Born makes this penthouse an outstanding choice for those seeking a refined city residence in one of Palma’s most sought-after locations.

Property Details

  • 613-00330P
  • Duplex Penthouse
  • 3 Bedrooms
  • 2 Bathrooms
  • 170 m² Built
  • 126 m² Interior
  • 44 m² Terrace
  • Air conditioning
  • Amenities near
  • Balcony
  • Ceiling cooling system
  • Ceiling heating system
  • Close to port
  • Close to sea / beach
  • Close to shops
  • Close to town
  • Excellent condition
  • Guest toilet
  • Lift
  • Mountain view
  • Panoramic view
  • Partial sea views
  • Private terrace
  • Street view
  • Transport near
  • Uncovered terrace
  • Underfloor heating (throughout)
  • Unfurnished
  • Urban view

Price, costs & taxes

Asking price 1,950,000 €
Previous price 2,210,000 €
Price change 11.76% Down
Built m² 170 m²
Price per m² Built 11.471 €

The sale price does not include expenses and taxes. Additional costs for the buyer: registration and notary fees, ITP (Transfer Tax) or in its absence VAT, and AJD (Stamp Duty) on new properties and subject to some requirements to be met. These costs and taxes are different depending on the province / autonomous community where the property is located and even on certain specific aspects of the buyer. All details and information sheet are available upon request from M21 REALTY HOUSE. This information is subject to errors, omissions, modifications, prior sale or withdrawal from the market.

About the building

Year Built 1887
Floors 2
Levels 4
Property type Duplex Penthouse
EPC In Progress

Listing agent

M21 REALTY HOUSE

M21 REALTY HOUSE Real Estate agents in Palma de Mallorca +34 687 72 76 28

Location

  • Old Town
  • Palma de Mallorca
  • Balearic Islands province
M21 REALTY HOUSE

M21 REALTY HOUSE Real Estate agents in Palma de Mallorca +34 687 72 76 28

Other property options

Duplex Penthouse - Old Town, Palma de Mallorca, Balearic Islands province

Disclaimer This is a property advertisement (REF 613-00330P) provided and maintained by M21 REALTY HOUSE, C/Nuestra Señora de Gracia 24 29602 Marbella, Spain, and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties. PropertyTop.com does not own or control and is not responsible for the properties,website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to.