Charming 10-Apartment Building in Palma Old Town

Description

A unique opportunity to acquire a characterful property in the heart of Palma’s historic Old Town. This impressive building comprises a total of 10 apartments along with commercial spaces, offering a perfect combination of charm, scale, and investment potential. The property is distributed across several levels and features generous living spaces with beautiful original details such as stone walls, exposed wooden beams, and elegant finishes in tile, marble, and mahogany. The traditional Mallorcan courtyard and decorative Gothic arches create a distinctive atmosphere and enhance the building’s historical character. Two of the apartments are exclusive penthouses with private terraces, ideal for enjoying views over the city’s rooftops in a private setting. The building is also equipped with an elevator, ensuring comfort and accessibility throughout. In addition to the residential units, the property includes three commercial premises and parking spaces, making it particularly attractive for investors or for those looking to combine residential and commercial use. The building is in good condition and offers excellent potential for customization, whether as a refined residential project, boutique apartments, or a versatile investment. Located in one of Palma’s most sought-after areas, with immediate access to restaurants, shops, culture, and transport, this is a rare opportunity to acquire an iconic property in the heart of the city.