5 Zimmer Apartment zum / zur in (Objektnummer RH04288)

Renovated Apartment with Expansive Private Terrace in Palma’s Historic Old Town

Reference	RH04288
Property Type	Apartment
Living area	110 sqm
N° of rooms	5
N° of bedrooms	3
N° of bathrooms	2
Balcony/terrace areas	93 sqm
Constructed area	203
Heating type	Central heating system
Air conditioning	Centralized, Cold/Warm
Number of floors	1
Elevator	Lift
Glazing	Double glazed
Terraced	Yes
Purchase price	650.000 €

Reference	RH04288	Property Type	Apartment
Living area	110 sqm	N° of rooms	5
N° of bedrooms	3	N° of bathrooms	2
Balcony/terrace areas	93 sqm	Constructed area	203
Heating type	Central heating system	Air conditioning	Centralized, Cold/Warm
Number of floors	1	Elevator	Lift
Glazing	Double glazed	Terraced	Yes
Purchase price	650.000 €

Print brochure

Property description Renovated Apartment with Expansive Private Terrace in Palma’s Historic Old Town

Located in one of Palma’s most coveted areas—just moments from Las Ramblas and the renowned Mercat de l’Olivar—this light-filled second-floor apartment offers a rare combination of generous outdoor space, historic location, and modern comforts. Surrounded by boutique shops, gourmet restaurants, and cultural landmarks, this is city living at its finest.

Spanning a total of 203 m², the property features 110 m² of interior living space and an exceptionally large 93 m² private terrace, ideal for outdoor dining, relaxing, or entertaining under the Mediterranean sun.

Property Highlights:

Palma's Old Town Location

Walking distance to restaurants, shopping, transport and the sea side promenade

Three spacious double bedrooms and two full bathrooms

Sun-drenched open-plan living and dining area with direct access to the terrace

Currently used as an office: with a modest investment, a kitchen can be easily added

Multiple potential layouts for the kitchen to suit individual preferences and lifestyle

Central heating and air conditioning for year-round comfort

Two elevators in a pristine, well-maintained building

Optional parking rental available in the adjacent building

This modern property presents an outstanding opportunity to own a bespoke city residence, with inspirational renovation ideas shown in the listing images to help you envision the possibilities for the kitchen area and the terrace. The expansive terrace is a true highlight—an incredibly rare feature in Palma’s Old Town.

Palma, capital of the Balearic Islands, is renowned for its blend of historical beauty and vibrant contemporary lifestyle. With a pleasant year-round climate (average annual temperature of 17.9°C), the city boasts one of Europe’s largest and most charming old towns. Landmarks such as La Seu Cathedral, Palacio de la Almudaina, La Lonja, and Plaza Mayor are just a short stroll away. The 3-kilometer seafront promenade, lined with palm trees, cafés, and historic architecture, reinforces Palma’s title as the “Pearl of the Mediterranean.”

The Sunday Times declared Palma the best place to live in the world—and this unique property offers the perfect base to enjoy it all.

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.

Your contact person

Nidya Melone
Phone +34 674 532 655

Further options

Property Search

Refine Search

Bedrooms from: +

Bathrooms from: +

Renovated Apartment with Expansive Private Terrace in Palma’s Historic Old Town

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

Your contact person

Direct inquiry to accommodation

Further options

Newsletter

Property Search

Redhawk Real Estate International

Contact

Our location