Property for sale in Palma de Mallorca (2023 Update)

Palma's popular residential areas to buy a property

Recently Palma (Palma de Majorca) was voted one of the best places to live in the whole world! And being one of Europe's finest and most elegant cities, it's only natural that properties for sale in Palma are in high demand. Check out also our latest Penthouses for sale in Palma and also our new Old Town Houses for sale

Portixol is a popular area to buy a property in Palma

So, whether your ideal Mallorcan home for sale is a bijou seafront apartment, a rooftop penthouse overlooking the splendid sights, a spacious town house or a palace converted into luxury flats, we'd be delighted to help you find your dream property for sale right here in the heart of the island's capital, Palma.

Having had a presence on the island now for more than a quarter of a century, nobody knows the Mallorcan property market 2022 better than our team here at Balearic Properties Real Estate Agents. Take a look here at some of the superb properties we have for sale in the Old Town right now. Palma 's centre has become of Mallorca's top areas to buy an investment property due to the high rental income you can get owning a property in Palma de Mallorca.

Palma Old Town Property

Palma's achingly elegant old Town is one of the most beautiful city centres in Europe. Narrow medieval streets, traditional stone buildings, ancient churches, fabulous restaurants, chic designer shops - all overlooked by the Gothic masterpiece that is 'La Seu', Palma's magnificent cathedral.

You can find lovely town houses for sale here, as well as penthouses with stunning views or chic apartments. If you are fortunate, you may even find a converted Renaissance palace for sale! The most popular residential areas include around the cathedral, Calatrava and La Longa.

Paseo Maritimo Property

'The Paseo' as it is more simply known, is a wonderful location to own a property. Whether it's a bijou apartment or luxury penthouse, the views over Palma's glittering harbour are to die for. There are many restaurants and bars along the Paseo and residents love nothing less than to go for a stroll along the waterside looking at the fabulous yachts moored there.

Santa Catalina

Once mainly home to fishermen’s cottages, Santa Catalina has now become one of the trendiest places to own a property in Palma. It's a real gourmet paradise here, and there is an amazing selection of restaurants to choose from. And don't forget Santa Catalina's indoor market, one of the city's finest.

Son Vida

Set high up in the slopes in a prestigious residential area overlooking glittering Palma Bay, Son Vida is a little piece of paradise high above the city.

Much of the area is classed as 'protected' which explains its status as a garden city. Son Vida is blessed by fragrant pine trees and manicured lawns. It's a great place to buy a luxury villa or apartment, particularly as this residential location lies adjacent to the 18-hole Son Vida golf course.

El Terreno

Centrally located El Terreno, is a quiet elevated residential area overlooking the city centre. It has a history of attracting famous artistic people and film stars many having bought a property in this area. There are some lovely villa properties here, some with a swimming pool.

San Agustin

On the western edge of Palma, San Agustin is a popular place to own a penthouse or apartment. A lively little town, the views down to the sea and yachting marina of Cala Nova are splendid indeed. Some superb cafes, bars and restaurants are to be found here.

Portixol

Once a small fishing harbour, Portixol is now one of the most sought-after areas around Palma to look for a property. It's just a short distance along the promenade away from Palma's cathedral and boasts a pretty marina and waterside restaurants. The delightful little terrace houses have been totally renovated and are a popular choice for people looking to buy a property in Palma.

Balearic Properties is your real estate agent in Palma de Mallorca

With more than 1,400 properties on our books, Balearic Properties is the leading real estate agency in Mallorca. Indeed, we are proud to offer the most exclusive portfolio of properties for sale in Mallorca. We provide a range of first-class professional services from our three real estate offices based in Pollensa, Puerto Portals.

We have an extensive range of properties for sale for you to browse through. From luxurious villas and town houses with beach or mountain views, to charming apartments and exciting renovation projects, we are your one-stop shop for a property for sale in Mallorca.

Feel free to pop in for a friendly, non-committal chat if you are in the area.

Alternatively, give us a call today on +34 971 53 22 21 and our highly experienced, multi-lingual team will be happy to show you our extensive range of property for sale in Palma and surrounding areas.

Best areas to buy a property in Palma Mallorca

Palma, Mallorca’s capital, has become the last few years a new cultural destination as a consequence of the rehabilitation of its old city. This Mediterranean city has been under multiple architectural influences, favoring a key element common to many European cities: its history, heritage and relaxed atmosphere.

Many great efforts have been made to preserve its cultural and artistic historical town center, remodeling ancient constructions and building new luxurious apartments in Santa Catalina and Sa Llotja as well as stunning villas in Son Vida, the exclusive residential area near Palma.

Old town’s rehabilitation is still ongoing, especially through the immediate neighborhood of Palma’s Cathedral and the old Jewish quarter, surrounded by the walls of the city and its gorgeous sight views.

The Palma property market in 2022

Comprehensive real estate information about Palma's property market in 2022, resale and new properties for sale - Palma de Majorca, old town district, Palma surroundings, Portixol of Palma - Palma de Mallorca

• Find the most popular locations, like Calatrava, Santa Catalina or Borne.
• View average temperature and rainfall - Palma, find information about local international schools and airports - Palma or browse the most popular properties in the up-and-coming areas of Palma.
• Discover a complete range of Palma property for sale, from flats for investment purposes or new developments in the centre and old town.
• Our simple property search makes it easy to find holiday property - Palma de Majorca cheap property to buy or luxury properties for sale, as well as buying property requiring renovation, Palma.
• You can also explore an extensive choice of rental properties from the very best Estate Agents in Palma.