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Investment opportunity of a spacious apartment for sale in the heart of Palma, Mallorca
Investment opportunity of a spacious apartment for sale in the heart of Palma, Mallorca
Investment opportunity of a spacious apartment for sale in the heart of Palma, Mallorca
1,060,000 €
4 Bedrooms
1 Bathrooms
140 m² Built
140 m² Plot

Investment opportunity of a spacious apartment for sale in the heart of Palma, Mallorca

Spacious apartment close to the Paseo Maritimo and Cathedral in the heart of Palma

Property Highlights

  • 5-10 minutes to shops
  • Accessible all year round
  • Air Conditioning Hot/Cold
  • Balcony
  • Close to all Amenities
  • Dining Area
  • High Ceilings
  • Interior Courtyard
  • Investment Property
  • Lift
  • Near amenities
  • Near Transport
  • One Level
  • Quiet Location
  • Renovation Needed
  • Walking Distance to Cafés
  • Walking distance to rest.
  • Walking distance to shops
  • Walking distance to t. centre
  • Well maintained community
  • Terrace balcony
  • Laundry room
  • Patio
  • Separate Dining Room

Located just steps from the vibrant Calle Jaime III, this large apartment places you at the centre of Palma’s lively shopping and city life, with the Paseo Marítimo only a 5-minute walk away.

Housed in a stately building with full accessibility, including a lift serving all five floors, the community is quiet and family-friendly, featuring a generous outdoor patio perfect for children to play safely.

The apartment welcomes you with a bright entrance hall, leading to 4 bedrooms—three of which include charming French balconies. It also boasts a dining room, a kitchen with access to a patio terrace, a laundry terrace in the interior patio, a storage room, a long hallway, and one bathroom.

This property offers fantastic potential for transformation. Its high ceilings of 3.5 meters make it ideal for reconfiguring the space, such as creating an open-plan living, dining, and kitchen area, or adding additional bathrooms and a master suite with a walk-in closet.

Currently equipped with reverse air conditioning, the building benefits from city gas and includes the option to acquire nearby parking.

This apartment offers a rare opportunity for investment, blending prime location with endless possibilities to craft your dream home.

Palma, the capital of the island of Mallorca, located in the bay of the same name, has a pleasant climate all year (17.9 ° C annual average). Known for its tourism and elegant shops, this city also offers a beautiful Old Town. The Cathedral, the Palace of the Almudaina, the Lonja square and the Plaza Mayor are some of the places that make this wonderful city so mystical. Palma has excellent public transportation and is just a 15 minute drive away from the international airport.

For additional information contact BALEARIC PROPERTIES ESTATE AGENTS MALLORCA by email or call the Puerto Portals Office (+34) 971 68 40 00 - See more details about other apartments for sale in Palma or find out more about buying a home in Palma .

"Balearic Properties has been in business on the Balearic Islands for many, many years. The company headquarters is on Mallorca and over the years, we have built up an unparalleled portfolio of properties to suit every budget, by means of which we have already successfully helped 10.000 clients find their new home on the Balearic Islands. Our project management and construction companies offer a unique range of luxury, turn-key villas to suit all individual and personal needs. We also offer over 200 holiday villas that guarantee our clients an unforgettable holiday experience.

Balearic Properties is the exclusive associate of Savills in Mallorca. The company offers clients a vast experience of over 20 years in the local property market. Our portfolio includes all sorts of modern villas, country homes, and trendy new developments in the best areas of Mallorca. Balearic Properties also specialises in waterfront properties and large estates. The company offers a complete, all-around property service including property management, holiday lettings, project management and legal services."

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Investment opportunity of a spacious apartment for sale in the heart of Palma, Mallorca

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Palma City Centre, Baleares

Iris Gruenewald CEO & FOUNDER · Balearic Properties +34 971 53 29 84

Discover the Balearic Islands

Mallorca and Ibiza, the crown jewels of the Balearic Islands, offer an exceptional lifestyle in the heart of the Mediterranean. From Mallorca’s elegant fincas and seafront villas to Ibiza’s exclusive retreats, these islands blend natural beauty with refined living. Discover charming towns, crystal-clear beaches, and vibrant culture—all just a short flight from Europe’s major cities. Whether you seek a holiday home or a long-term investment, Mallorca and Ibiza present unique opportunities in some of Spain’s most desirable locations.

Read the full Guide property

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