We are pleased to present this exceptional luxury turnkey penthouse in the heart of Palma’s Old Town, one of the city’s most sought-after locations. This beautifully redesigned duplex penthouse, set across two floors, combines timeless Mediterranean character with high-end contemporary finishes, offering a ready-to-move-in home with no compromises.
Positioned east-facing, the property enjoys charming views over Palma’s historic rooftops, with natural light enhancing every space throughout the day. The recent comprehensive renovation (completed August 2026) has transformed the residence into a refined, elegant home while preserving its unique architectural essence.
The penthouse now features three spacious bedrooms and two generous living areas, creating a well-balanced layout ideal for both relaxation and entertaining. Carefully restored original wooden beams, a stylish fireplace, and bespoke wooden windows maintain the property’s authentic charm, seamlessly integrated with modern luxury design.
High-spec upgrades include an advanced climate control system, premium materials, and sophisticated finishes throughout. An elevator installation has been approved and is underway, further enhancing comfort and accessibility.
A standout feature is the private rooftop terrace, exclusively designated for the penthouse - an exceptional outdoor retreat perfect for enjoying the Mediterranean lifestyle, entertaining guests, or simply relaxing above the historic city.
This is a rare opportunity to acquire a fully finished, luxury penthouse in Palma Old Town, combining heritage, design, and turnkey convenience in a prime location.
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.
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."
