

5 Reasons Why Buying a Penthouse is a Profitable Investment
Almost a century ago, living on the top floor of a building meant having fewer resources. The penthouse was often used as a common laundry area or as housing for servants, as the living conditions were not the best: low ceilings, endless stairs, and colder rooms. However, the landscape has completely changed in the last 100 years: the installation of elevators, improvements in insulation systems, and the growing demand for spectacular views have completely transformed the value and perception of penthouses.
Nowadays, penthouses have become the most coveted properties within a building, generally with prices that exceed those of other homes in the same block by 20% or 30%. The lifestyle at the top offers natural light, private terraces, privileged panoramic views of the city and the sea, and, above all, a sense of exclusivity that attracts both national and international buyers. Mallorca, with its Mediterranean climate, more than 300 days of sunshine a year, and a culturally charming environment, presents itself as the perfect place to enjoy the advantages of having a penthouse.

Next, we will delve into 5 key reasons why investing in a penthouse in Mallorca is a smart option. At the same time, we will explore the most desired areas of the island—both urban and coastal—for those looking for an exclusive penthouse, whether with views of the old town, the Mediterranean, or the mountains.
1. Exceptional Light and Ventilation
Living on the top floor means being closer to the sky. This guarantees a generous entry of natural light that floods the rooms, creating a warm and welcoming atmosphere throughout the year. Additionally, ventilation is favored as there are no adjacent buildings obstructing the circulation of air, providing a feeling of freshness and well-being. For many buyers, luminosity is one of the determining factors when choosing a property: a well-lit penthouse usually sells faster and at a better price.2. Private Terraces with Unique Views
Almost all penthouses in Mallorca have a terrace that becomes the soul of the home. From small outdoor spaces to large rooftops with a pool, jacuzzi, or urban garden, these spaces offer exclusive privacy. Enjoying the sunsets, organizing alfresco dinners, or simply relaxing while contemplating the city or the sea is an unparalleled luxury. The terrace of a penthouse in Palma, with views of its cathedral, or in Puerto Pollensa, contemplating the bay, is one of the biggest attractions for the foreign market.
3. Less Noise and Greater Privacy
Since there are no neighbors above, penthouses are much quieter than other homes. Additionally, the distance from the street reduces the impact of traffic and bustle, which is particularly attractive in central areas like Santa Catalina or Paseo Mallorca, where activity is constant. This greater privacy favors the feeling of living in a kind of urban oasis, where you can isolate yourself from the rhythm of the city or the coast whenever you wish.
4. Quick Sale and High Revaluation
Penthouses are scarce and highly sought-after properties. The combination of views, privacy, light, and outdoor space makes their demand far exceed the available supply in the market. This translates into a faster revaluation than other types of properties and the possibility of selling it in less time if, in the future, you decide to change homes. For investors and international buyers, this represents an opportunity to obtain short or medium-term profits.
5. Mediterranean Lifestyle
Mallorca is an enviable destination to live all year round. Its mild climate, its gastronomic culture, its natural landscapes—from paradisiacal beaches to the imposing Serra de Tramuntana—and its modern infrastructure (international schools, top-level private clinics, air connections with major European cities) make it a perfect place to establish a primary or secondary residence. A penthouse with views of the Mediterranean perfectly sums up the lifestyle that many dream of: breakfasts in the sun, coastal walks, and a very active cultural and sports agenda.
Highlighted Areas in Palma
1. Portixol (Why Invest in this Area)
Portixol, an old fishing neighborhood transformed into one of the chicest corners of Palma, attracts investors from around the world thanks to its maritime charm and proximity to the city center.
Portixol is characterized by its picturesque Mediterranean-style houses, its lively promenade, and a top-level gastronomic offer. For those looking for a penthouse, the possibility of enjoying views of the sea and the bay of Palma is a great differentiating factor. The neighborhood offers a relaxed yet sophisticated atmosphere: its trendy restaurants and cafes, along with small local shops, make it one of the most desired places to live all year round.
The quality of life is a great attraction for the foreign buyer, who finds in Portixol a perfect mix of Mallorcan tradition and urban modernity. The revaluation of homes in this area has been constant in recent years, guaranteeing a solid investment. Additionally, its strategic location allows you to reach the historic center of Palma in a few minutes, both on foot and by bike, thanks to its splendid seafront promenade.
2. Calatrava in Palma Old Town (Why Invest in this Area)
Located within the old town of Palma, the Calatrava area breathes history and tradition, with century-old constructions, rehabilitated palaces, and cobblestone streets that transport you to another era.
Investing in a penthouse in Calatrava means betting on the most genuine essence of the city. The demand for luxury properties in the historic center is high and the supply is limited, which positively impacts prices and long-term profitability. In addition to the architectural beauty of its buildings, Calatrava offers proximity to the Cathedral, museums, art galleries, and high-end restaurants that make every walk a unique experience.
The international community especially values the possibility of residing in an environment with so much character and, at the same time, with all the modern comforts: elevators in renovated historic buildings, state-of-the-art air conditioning, and security systems. If you are looking to combine a premium location, a unique home, and an incomparable historical legacy, Calatrava is a safe bet to enjoy the most select and highest potential for revaluation in Palma.
3. Palma Old Town and Santa Catalina (Why Invest in this Area)
The old town of Palma extends beyond the Calatrava area and includes other emblematic neighborhoods like La Lonja or Monti-Sion. However, one of the most vibrant focuses is Santa Catalina, an area famous for its cosmopolitan atmosphere and its local market.
Investing in a penthouse in this part of the city allows you to live surrounded by historical monuments, charming plazas, and lively streets where tourists and residents mingle. The multicultural character of the area, together with its proximity to the Paseo Marítimo, makes Santa Catalina one of the favorite places to go out for dinner or have a drink at sunset. Properties here often combine traditional Mallorcan architecture—with exposed beams and stone walls—with avant-garde interior designs that maximize space and light.
Another great incentive of this area is the excellent communication with the rest of the island, thanks to an efficient public transport network and its proximity to the nerve center of Palma. All this makes Palma Old Town and Santa Catalina a highly coveted destination, not only to live all year round but also as an investment for vacation or long-term residential rental.
4. Paseo Mallorca (Why Invest in this Area)
Paseo Mallorca has established itself as one of the most elegant avenues in Palma. Its wide boulevard, adorned with trees and gardens, connects with key points of the city and offers quick access to the historic center and Santa Catalina.
Those who decide to invest in a penthouse on Paseo Mallorca seek the perfect combination of tranquility, exclusivity, and proximity to all the services of the city. Its modern and stately-style buildings stand out for their privileged views of the Sa Riera torrent, wide green areas, and, in some cases, even the sea. Thanks to the presence of luxury boutiques, high-end restaurants, and nearby leisure areas, the demand for homes in this part of Palma has remained very high over the years.
The scarcity of penthouses on Paseo Mallorca makes these properties have great potential for revaluation. Additionally, connectivity with the airport and other areas of the island is unbeatable. For investors, acquiring a penthouse here is to ensure a prestigious property with a solid and stable long-term value.
Where to Buy the Best Penthouses in Mallorca by the Sea?
Beyond the center of Palma, Mallorca offers coastal enclaves of great beauty and international demand. Next, we explore the main areas for those who dream of a penthouse with direct views of the Mediterranean.
5. Puerto Pollensa (Why Invest in this Area)
Located in the north of the island, Puerto Pollensa combines the maritime atmosphere with a spectacular natural environment. With the Serra de Tramuntana as a backdrop and a bay that opens to the Mediterranean, this port is one of the favorites for families and lovers of water sports.
Investing in a penthouse in Puerto Pollensa means enjoying impressive sea views and a fine sandy beach very appreciated by visitors and residents. The locality offers a calm environment, ideal for those looking for tranquility without giving up a good offer of restaurants, bars, and shops. Additionally, its marina has become a meeting point for sailors from all over Europe, increasing the demand for properties with privileged views.
The real estate market in Puerto Pollensa maintains a constant revaluation, driven by the quality tourism that arrives every year, attracted by the beauty of the landscape and the proximity to hiking or cycling routes in the Serra de Tramuntana. As an investor, having a property here guarantees a high potential for vacation rental and an excellent balance between quality of life and profitability.
6. Puerto Alcudia (Why Invest in this Area)
Neighbor of Puerto Pollensa, Puerto Alcudia is famous for its extensive white sand beach, one of the longest on the island, and for its lively commercial and leisure area.
Buying a penthouse in Puerto Alcudia opens the doors to a lifestyle marked by the sea and outdoor activities. This destination perfectly combines the hotel offer with the residential one, attracting a large number of tourists year after year, which favors investment in properties. The panoramic views of its immense coastline and the bay are especially attractive for the foreign buyer, who values both the proximity to the beach and the diversity of activities, from water sports to golf.
Additionally, the old town of Alcudia, surrounded by medieval walls, offers a cultural and historical touch that enriches the experience of living in the area. Given the good infrastructure, with roads and public transport that quickly connect with Palma and other key points of the island, acquiring a penthouse in Puerto Alcudia means having a coastal refuge with a high potential for rental and revaluation.
7. Other Top Areas for Selling Penthouses by the Sea (Why Invest in these Areas)
Mallorca has multiple coastal enclaves that deserve special mention. Among them stand out Portals Nous, Puerto Andratx, and Palmanova, areas highly demanded by the international public in search of luxury and comfort by the sea.
Portals Nous
Portals Nous, located on the privileged southwest coast of Mallorca, has become one of the favorite destinations for those looking for a sophisticated and exclusive lifestyle. Just ten minutes by car from the center of Palma and with easy access to the highway that connects with the rest of the island, it offers an unbeatable location both for residents and visitors. Its main jewel is Puerto Portals, an internationally recognized marina for the quality of its facilities and its vibrant atmosphere, where you can find luxury yachts, international brand boutiques, exclusive art galleries, and a wide variety of gourmet restaurants that make the area an epicenter of gastronomy.
The proximity to prestigious international schools and renowned golf courses, like the Real Golf de Bendinat, adds even more value to the region, making it an ideal option for families looking to settle long-term. Additionally, the natural beauty of its beaches and crystal-clear water coves, along with the possibility of practicing water sports, attracts a public that loves outdoor life. Investing in a penthouse or luxury property in Portals Nous guarantees a high revaluation, driven by the constant demand from an international market that is demanding and has high purchasing power.
Puerto Andratx
Located at the extreme southwest of Mallorca, Puerto Andratx is a picturesque coastal enclave that perfectly combines the charm of an old fishing village with the luxury and exclusivity demanded by the high-end real estate market. Its marina has become the heart of the area, frequented by boats of all sizes, from small family boats to sophisticated designer yachts. Around it, a select offer of Mediterranean and international gastronomy restaurants, elegant cafes, and boutiques unfolds, forming a refined but, at the same time, discreet and relaxed atmosphere.
Beyond the dock, the landscape is characterized by hills populated with villas and chalets with spectacular views of the Mediterranean, a privileged setting for those who value privacy and tranquility. The natural environment offers small hidden coves ideal for rest, in addition to being perfect for hiking or cycling in the middle of nature. The area is also close to some of the most prestigious golf courses in Mallorca, which increases its attractiveness for lovers of this sport.
In short, Puerto Andratx is an unbeatable option for those who desire a perfect balance between relaxation, high-quality services, and the possibility of solid real estate revaluation.
Palmanova
Located on the southwest coast of the island, Palmanova stands out for its extensive fine sandy beaches and calm waters, ideal for families and for those looking for comfort and safety when taking a dip in the Mediterranean. Just 15 minutes by car from Palma, this locality enjoys excellent transport connections, including an efficient bus network and easy access to the highway, which greatly facilitates mobility throughout the island.
Its wide promenade, perfect for walking or biking, is complemented by a rich offer of restaurants, cafes, and ice cream parlors that satisfy both the occasional visitor and the long-term resident. Additionally, Palmanova has a solid infrastructure of services: supermarkets, health centers, playgrounds, and commercial areas, all designed for a practical and comfortable life throughout the year.
The real estate market in Palmanova has experienced continuous growth in recent years, driven in large part by the demand of international investors who value its strategic location and the good quality-price ratio of its properties. Investing in a penthouse with sea views or in a well-situated apartment in Palmanova can translate into an excellent opportunity for profitability, both in the short and long term.
In all these areas, penthouses with views of the Mediterranean are authentic real estate jewels, with a high occupancy rate and sustained growth in value over time.
The demand for penthouses in Mallorca—both in the historic center of Palma and in coastal areas—continues to rise. Spacious, light-filled spaces, panoramic terraces, and proximity to the sea are factors that continue to seduce buyers from around the world. For many, it is the best formula to live the Mediterranean lifestyle: comfort, culture, gastronomy, and nature, all in a privileged enclave.
If we add to this the solidity of the real estate market in Mallorca, the result is clear: investing in a penthouse is a strategic decision that combines personal enjoyment and potential for revaluation. Each of the mentioned areas—Portixol, Calatrava, Palma Old Town, Santa Catalina, Paseo Mallorca, Puerto Pollensa, Puerto Alcudia, and other premium locations like Portals Nous or Puerto Andratx—offers unique attractions that adapt to different investor profiles.
At Balearic Properties, we have a wide portfolio of exclusive penthouses in each of these areas, with options that adjust to different needs and budgets. Our team of experts will help you find the perfect property, advising you in all the steps of the purchase process. Live Mallorca from the heights and discover for yourself why a penthouse on this island is much more than just a property: it is the beginning of a unique life experience.

By Iris Gruenewald
Founder