Apartment with Terrace and Garage In Prime Palma's Old Town

Reference RH04304
Property Type Apartment
City Palma
Level 2
Living area 164 sqm
N° of rooms 5
N° of bedrooms 4
N° of bathrooms 2
Balcony/terrace area 12 sqm
Constructed area 176
Number of floors 1
Elevator Lift
Floor Tiles
Glazing Single glazed
Type of parking space Garage, Underground parking
Terraced Yes
Purchase price 750.000 €
Reference RH04304 Property Type Apartment
City Palma Level 2
Living area 164 sqm N° of rooms 5
N° of bedrooms 4 N° of bathrooms 2
Balcony/terrace area 12 sqm Constructed area 176
Number of floors 1 Elevator Lift
Floor Tiles Glazing Single glazed
Type of parking space Garage, Underground parking Terraced Yes
Purchase price 750.000 €
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Property description Spacious Old Town Apartment with Terrace, Elevator & Garage

Tucked away on a quiet street in Palma’s historic Old Town, this light-filled apartment combines generous interiors with rare amenities such as a private terrace, an elevator, and a garage in the same building. Its unbeatable location places you within walking distance of the city’s most iconic landmarks, vibrant shops, restaurants, and just a short stroll from the seaside promenade.

The welcoming entry foyer separates the home into two distinct areas: at the front, two large bedrooms and a full bathroom; at the back, a bright living and dining area with direct access to the south-facing terrace, a separate kitchen, an additional bedroom, and a second bathroom. With interiors in original condition, the property presents an ideal renovation project and the chance to create a bespoke city residence or easy-maintenance holiday retreat.

For floor plans, further details, or to arrange a private viewing, please contact us today.
We speak Spanish, German and English

Main Features Include -

Quiet street setting in prime Palma Old Town

Bright interior with generous layout

South-facing private terrace

Elevator and garage in the same building

Three bedrooms, two bathrooms

Interior in original condition – ideal for renovation

Walking distance to all Old Town landmarks

Near Paseo del Born and Sant Jaume

Steps from shops, restaurants, and amenities

Only a 7-minute walk to the seaside promenade

A rare opportunity to secure a spacious property with enormous potential in one of Palma’s most desirable neighborhoods.

Living in Palma’s Old Town means being surrounded by history, culture, and Mediterranean charm. This enchanting quarter—one of the largest historic centers in Europe—is a maze of cobbled streets, grand courtyards, and timeless architecture. Highlights include the majestic Gothic Cathedral of La Seu, the Royal Palace of Almudaina, the elegant Lonja square, and the bustling Plaza Mayor. Just steps away, you’ll find designer boutiques, refined restaurants, and charming cafés with sun-drenched terraces perfect for people-watching. A short five-minute stroll leads you to the palm-lined seaside promenade, where the sparkling bay and vibrant marina capture the essence of island life. With its year-round mild climate and reputation as the “Pearl of the Mediterranean,” Palma seamlessly blends old-world heritage with modern sophistication, making it one of the most desirable places to live in Europe.

 
Energy certificate
Type: in process

If you are looking to purchase a property in Spain, you should consider financing to optimize your real estate investment!

Nowadays, it makes sense for everybody to mortgage when purchasing a property in Spain. There are many benefits, including tax deductions and maintaining liquidity, amongst others. Financing in Spain can be very different from financing in other countries, and the Lionsgate Capital team will be happy to explain the process to you in more detail, and how you can optimize your investment.

Lionsgate Capital is the leading mortgage broker in Spain, based in the Balearics. Our team of multilingual mortgage experts understands that every client is unique and will do everything possible to ensure you maximize your savings by always obtaining the best possible mortgae or financial solution to suit your specific preferences and circumstances.

Why contact Lionsgate Capital?

• We are one contact for all banks, both in Spain and in other jurisdictions
• Over 1000 satisfied clients with transactions between 1M€ and 30M€
• Interest-only mortgages available for HNW and UHNW individuals
• Our specialist team offers over 50 years of joint banking experience
• We obtain exclusive and preferential rates and conditions for all our clients
• We simplify the process saving you time, effort, and money!

Contact us for a free initial consulting!

Lionsgate Capital is fully registered in the Bank of Spain's register of real estate mortgage intermediaries with ID number D270. Lionsgate Capital is registered in data protection and all information is confidential. Our team offers independent and impartial advice.

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