1 / 19

Palma de Mallorca, Baleares, Spain

Spacious 5-Bedroom Penthouse with Rooftop Terrace in Palma

€845,000

€3,521/m²

Great value52% below the typical price per m² for apartments in Palma de Mallorca
5
Bedrooms
3
Bathrooms
240 m²
Interior
320 m²
Plot
Apartment
Type
4 Aug 2026
Listed

The Habio take

AI summary

This exceptional five-bedroom penthouse features a stunning private rooftop terrace, ideal for outdoor living and entertaining. Located in the highly desirable San Armadams area of Palma de Mallorca, you're just a short walk from the historic city centre and vibrant marina.

  • city
  • luxury
  • garden
  • family
  • walkable

Highlights

  • Private rooftop terrace
  • Spacious 5-bedroom layout
  • Independent guest suite
  • Desirable San Armadams location
  • Close to historic city centre
  • Potential for modernisation

Worth knowing

  • Partial refurbishment required
  • Limited parking availability in the neighbourhood

Good fit for: Ideal for families or those seeking a flexible urban lifestyle in Palma.

Lifestyle scores

Beach
70
Walkable
90
Remote work
80
Family
90
Retirement
75
Airport access
85
Investment
85
Luxury
80
Value
65

About this place

This outstanding penthouse for sale in Palma de Mallorca features a private rooftop terrace and is located in one of the city's most sought-after residential neighbourhoods. Situated on the border of Son Espanyolet, this duplex spans approximately 240 m² over two levels, providing generous living space and remarkable outdoor areas that are rare in central Palma.

The principal accommodation offers around 155 m² of thoughtfully arranged living space, including two spacious reception rooms: a bright living room with a balcony and a separate dining room. The fully equipped independent kitchen comes with a pantry and utility room, adding to the convenience of family living. Four well-proportioned bedrooms with built-in wardrobes ensure ample space for a family, supported by two full bathrooms.

On the upper level, there is an independent guest suite of approximately 74 m², complete with its own bathroom and direct access to a stunning private rooftop terrace of about 43 m². This versatile space can serve as a guest area, home office, or retreat, with plenty of room for al fresco dining and entertaining.

While the property has undergone partial refurbishment, there remains excellent potential for further modernisation. Enhancements such as double glazing, energy-efficient systems, and contemporary finishes can significantly boost comfort and long-term value, allowing a new owner to create a truly personalised city residence.

What this place offers

  • rooftop terrace
  • garden
  • balcony
  • furnished

Getting around

  • Nearest beach · Playa Cala Major

    ~13 min drive · 6.3 km

    Good water quality
  • Palma de Mallorca (PMI)

    ~19 min drive · 13 km

Approximate, measured from the property's area rather than its exact address. Drive times © OpenStreetMap contributors (OSRM); airports: OurAirports; bathing water: European Environment Agency, 2024 season.

Where you’ll be

Palma de Mallorca, Baleares, Spain

Nearest airport
Palma de Mallorca (PMI)
10 km
Also close
Ibiza (Eivissa) (IBZ)
133 km
Nearest city
Barcelona
205 km

Marker is the location supplied by the agency — approximate, and often deliberately so. The exact address is confirmed on enquiry. Distances are straight-line.

ES

Buying property in Spain

Full guide →

Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.

  • Spain ended its Golden Visa property route in April 2025.

  • Non-resident mortgages are widely available, typically 60–70% LTV.

  • Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.

Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.

General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference

More homes in Spain

Picked to match this one on location, size, and price.

  • New today

    €790,000

    4-bed apartment in Barcelona

    Barcelona, Barcelona, Spain

    Oi Real Estate
  • New this week

    €2,395,000

    5 Bedroom Middle Floor Apartment For Sale In The Golden Mile

    Marbella, Andalusia, Spain

    Costasolhomes
  • New this week

    €880,000

    3 Bedroom Middle Floor Apartment For Sale In Sotogrande

    Sotogrande, Andalusia, Spain

    Costasolhomes
  • New this week

    €709,000

    Piso en venta reformado en Ibiza, Retiro

    Madrid, Madrid, Spain

    Espigul
  • New this week

    €699,000

    3 Bedroom Middle Floor Apartment For Sale In Fuengirola

    Fuengirola, Andalusia, Spain

    Costasolhomes
  • New this week

    €690,000

    2 Bedroom Middle Floor Apartment For Sale In Marbella

    Marbella, Andalusia, Spain

    Costasolhomes
  • New this week

    €560,000

    2 Bedroom Ground Floor Apartment For Sale In Estepona

    Estepona, Andalusia, Spain

    Costasolhomes
  • New this week

    €840,000

    6 Bedroom Detached Villa For Sale In El Faro

    El Faro, Andalusia, Spain

    Costasolhomes
  • New this week

    €1,280,000

    2 Bedroom Middle Floor Apartment For Sale In Estepona

    Estepona, Andalusia, Spain

    Costasolhomes
  • New this week

    €800,000

    6 Bedroom Land For Sale In Sotogrande

    Sotogrande, Andalusia, Spain

    Costasolhomes

More from Mallorca Property Guru

80 properties marketed by Mallorca Property Guru on Habio.

View all 80
  • €830,000

    4-bed village house in Marratxí

    Marratxí, Baleares, Spain

    Mallorca Property Guru
  • €890,000

    3-bed finca in Consell

    Consell, Baleares, Spain

    Mallorca Property Guru
  • €795,000

    4-bed village house in Marratxí

    Marratxí, Baleares, Spain

    Mallorca Property Guru
  • €795,000

    4-bed finca in Selva

    Selva, Baleares, Spain

    Mallorca Property Guru
  • €745,000

    5-bed village house in Pollensa

    Pollensa, Baleares, Spain

    Mallorca Property Guru
  • €739,000

    5-bed finca in Inca

    Inca, Baleares, Spain

    Mallorca Property Guru
  • €975,000

    3-bed village house in Santa Margalida

    Santa Margalida, Baleares, Spain

    Mallorca Property Guru
  • €975,000

    land in Ariany

    Ariany, Baleares, Spain

    Mallorca Property Guru
  • €730,000

    2-bed finca in Binissalem

    Binissalem, Baleares, Spain

    Mallorca Property Guru
  • €730,000

    4-bed village house in Marratxí

    Marratxí, Baleares, Spain

    Mallorca Property Guru

Selling your own home? List it on Habio for €29 per 3 months — no agent, no commission, first month free.

See how it works →