Exceptional 15th-Century Historic Residence in Palma de Mallorca’s Old Town

Reference RH04292
Property Type Townhouse
Postcode 07012
City Palma
Living area 472 sqm
N° of rooms 13
N° of bedrooms 8
N° of bathrooms 4
Balcony/terrace area 35 sqm
Constructed area 550,24
Heating type District heating
Air conditioning Cold/Warm
Number of floors 3
Floor Terracotta, Stone, Tiles
Glazing Single glazed
Type of parking space Garage
Terraced Yes
Purchase price 1.898.000 €
Reference RH04292 Property Type Townhouse
Postcode 07012 City Palma
Living area 472 sqm N° of rooms 13
N° of bedrooms 8 N° of bathrooms 4
Balcony/terrace area 35 sqm Constructed area 550,24
Heating type District heating Air conditioning Cold/Warm
Number of floors 3 Floor Terracotta, Stone, Tiles
Glazing Single glazed Type of parking space Garage
Terraced Yes Purchase price 1.898.000 €
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Property description Exceptional 15th-Century Historic Residence in Prime Palma de Mallorca’s Old Town

Step into the soul of Palma with this remarkable XV-century property, a rare opportunity to own a piece of history in one of the city’s most coveted locations. Just a three-minute stroll to the sea side promenade, upscale shopping, and acclaimed restaurants, this grand residence offers a refined blend of old-world charm and modern potential.

Lovingly preserved and maintained, the home spans three expansive floors, showcasing cathedral-height ceilings, exquisite original features, and timeless Mallorquin character. Highlights include a sun-drenched rooftop terrace, an interior courtyard, and a private garage—all within the heart of the Historic District.

Property Layout & Features

Ground Floor -
A grand reception foyer welcomes you into the home, setting the tone with scale and elegance. Adjacent to this entrance is a versatile, large room ideal for a home cinema, spa, or games room. This level also includes a one-car garage with ample storage space.

First Floor -
An ample bedroom and a foyer that leads directly to the kitchen, breakfast area, and interior patio.

Living and dining rooms with five-meter-high ceilings, a wood-burning fireplace, and access to the courtyard—a tranquil oasis that could easily be transformed into a plunge pool with lounging areas or a charming terraced garden.

A magnificent library with fireplace and balcony, perfect as a formal living room or an extraordinary primary suite.

A preserved Gothic spiral staircase leads to a mezzanine level, offering a large room that sits above the garage, ideal for creative or functional use.

Upper Floor -
Seven additional bedrooms, storage rooms, and bathrooms, providing exceptional space for family, guests, or creative redesign.

A hallway leads to a large room and bathroom just below the rooftop.

The roof terrace offers captivating views over Palma’s historic rooftops, perfect for al fresco dining, entertaining, or simply enjoying the Mediterranean atmosphere.

Restoration & Potential

The structure underwent a full renovation 20 years ago, ensuring a solid foundation for further enhancement. The property offers tremendous flexibility—restore it to a luxurious private residence, create a commercial business venture, or develop it as a prestigious investment property.

Notable Features

Historic 15th-century architecture

Prime location in Palma’s Old Town

Rooftop terrace with panoramic views

Interior courtyard with pool potential

Private garage and storage areas

Two fireplaces

Original terracotta flooring

Exposed wooden beams

Mares stone arches and walls

Bodega

Gothic spiral staircase

The Neighborhood –

Ideally located just moments from Palma’s cathedral (La Seu), and the Parc de la Mar, offering effortless access to the waterfront and scenic walking paths. Its central location ensures you’re just a short walk from Passeig del Born, Plaza Mayor, and high-end shopping, while remaining an intimate and exclusive enclave.

 
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
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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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