Renovated Apartment with Terrace in Palma Center

Reference RH04366
Property Type Apartment
City Palma
Level 2
Living area 85 sqm
N° of rooms 3
N° of bedrooms 2
N° of bathrooms 2
Balcony/terrace area 107 sqm
Constructed area 190
Heating type Underfloor heating, Electric heating
Air conditioning Cold/Warm
Number of floors 1
Elevator Lift
Floor Stone, Tiles
Glazing Double glazed
Terraced Yes
Purchase price 695.000 €
Reference RH04366 Property Type Apartment
City Palma Level 2
Living area 85 sqm N° of rooms 3
N° of bedrooms 2 N° of bathrooms 2
Balcony/terrace area 107 sqm Constructed area 190
Heating type Underfloor heating, Electric heating Air conditioning Cold/Warm
Number of floors 1 Elevator Lift
Floor Stone, Tiles Glazing Double glazed
Terraced Yes Purchase price 695.000 €
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Property description Renovated Apartment with Exceptional Terrace in Palma Centre

This fully renovated apartment in the centre of Palma combines architectural clarity with a generous outdoor dimension. While the interior offers approximately 84 m² of living space, the property extends outward with around 107 m² of private terrace, creating a rare balance between compact city living and expansive exterior use.

The residence has been comprehensively remodeled and presents a cohesive material concept defined by warm natural tones, stone surfaces and custom wood elements. The layout is structured yet fluid, allowing the living, dining and kitchen areas to unfold in a clear linear sequence that enhances depth and spatial perception.

The kitchen is executed as a continuous custom-built wood installation, integrating storage, appliances and work surfaces into one architectural composition. A central peninsula subtly defines the cooking area while maintaining openness toward the living space.

Large sliding glass elements connect the main living area directly to the terrace. Rather than functioning as a standard balcony, the outdoor area acts as a genuine extension of the apartment. Covered sections allow shaded seating, while open areas provide flexibility for sun exposure, planting or additional lounge arrangements. The scale of the terrace significantly enhances the overall usability of the property.

The private zone comprises two bedrooms and two bathrooms. Both bathrooms are finished with large-format stone surfaces and refined detailing. Underfloor heating is installed in both bathrooms, ensuring enhanced comfort, while the remaining areas are equipped with an efficient air conditioning system providing both heating and cooling.

Additional technical features include aluminum window frames, lift access and a well-maintained building structure.

Situated in Palma’s central district, the apartment benefits from immediate proximity to shops, cafés and restaurants, while the terrace orientation provides a protected and surprisingly private outdoor atmosphere.

This property is particularly suited for buyers seeking a fully modernized city residence with substantial private outdoor space — a rare configuration in central Palma.

Call us to obtain additional information and to schedule a property visit
We speak Spanish, German and English

Main Features Include

Fully renovated apartment
Approx. 84 m² living area
Approx. 107 m² private terrace
Underfloor heating in both bathrooms
Air conditioning hot and cold
Custom-built wood kitchen with peninsula
Open living and dining area
Lift access
Aluminum window frames
Year of remodeling 2026
Walking distance to the sea side promenade
Walking distance to the beach
Walking distance to Restaurants and shopping

 
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
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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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