Palatial home with holiday license for sale in the heart of Palma old town, Mallorca

This palatial house for sale in the Calatrava district of Palma old town is being completely modernised. This architectural jewel combines centuries of history, cultural wealth and timeless elegance in one of the most sought-after locations, just a stone´s throw from the famous cathedral.

This property not only has a fascinating history but also showcases luxurious furnishings. It blends the premium elements of modern villas built in 2025 with the distinctive Mallorcan heritage, creating a sense of timeless elegance in every part of the home.

With 394 m² of living space across four floors and a rooftop terrace offering breathtaking views, this home is impressive. The 57 m² of terraces give you extra space to enjoy the Mediterranean atmosphere and the charming views of Palma's old town.

The property boasts a state-of-the-art elevator, bright rooms filled with natural light, and large terraces that provide a luxurious yet cosy feel. Standout features include a spa with indoor pool and a lovely inner courtyard, a hallmark of Palma, offering a private oasis in which to relax.

This place offers a VIP lifestyle right in the city, with plenty of great features. You’ll find a spacious garage and a lucrative holiday rental license, making it a top investment choice.

This rare investment opportunity and is perfect for those who appreciate historic architecture, whilst offering a fantastic modern Mediterranean lifestyle right in the centre of Palma. Contact us today for more information.

Palma, the capital of the Balearic Islands, 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 has 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. Large palm trees frame most of the beautiful monuments.


House with ETV rental license for sale. Please note that our holiday villas in Mallorca are registered under the ETV Touristic law of Mallorca and the Balearic Islands.

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 houses 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."