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Designer penthouse for sale in the centre of Palma old town, Mallorca


5.000.000 €

REF: SWOPAL10443b

Luxury duplex penthouse with private terrace in Palma

This remarkable penthouse for sale in Palma occupies the upper level of a carefully restored 16th-century mansion in Calatrava, one of the Old Town’s most distinguished quarters. Scheduled for completion at the end of 2026, the exclusive development will comprise just six individually designed residences.

The penthouse offers a total area of approximately 244 m², pairing the character of an important historic building with refined contemporary interiors. Original architectural elements will be preserved wherever possible, maintaining the property’s identity while introducing the comfort and clean aesthetic expected of a modern city home.

Generous open-plan living and dining areas will benefit from abundant natural light, complemented by a second lounge that provides valuable flexibility for entertaining, relaxing or working from home. The accommodation includes three bedrooms and three bathrooms, together with a separate guest toilet.

A particular highlight is the private 45 m² terrace with cathedral and city views. This elevated outdoor space creates a memorable setting for dining, enjoying the sunshine or admiring Palma’s historic skyline.

Residents will have the atmospheric streets of Calatrava immediately outside, with the cathedral, seafront, galleries, restaurants and cultural landmarks all within comfortable walking distance. A private parking space within the building is included—an important advantage in the heart of the Old Town.

Combining considerable proportions, heritage architecture and a privileged central address, this penthouse offers an exceptional opportunity to own a distinctive residence in Mallorca’s capital.


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."

Property Highlights

  • Walking distance to beach
  • Walking distance to rest.
  • Walking distance to shops
  • Walking distance to t. centre
  • Air Conditioning Hot/Cold
  • Built to High Standards
  • Fitted Wardrobes
  • Charming Property
  • Close to all Amenities
  • Contemporary style
  • Double Glazing
  • Full of Character
  • Stylish Accommodation
  • Underfloor Heating
  • Wood Carpentry
  • Wooden Beams
  • Penthouse
  • Parquet Floor
  • Private Terrace
  • Luxury Fittings
  • Luminous

View video of the property in Palma Casco Antiguo

Palma Old Town

The main attraction of the old town is obviously Palma's magnificent Gothic cathedral. La Seu has dominated Palma's skyline and waterfront ever since building began in 1230 AD. Mallorcans, never ones to rush things, finally completed the building 500 years later!...

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