Renovated Three-Bed Apartment in Historic Palma
€550,000
€5,000/m²
- 3
- Bedrooms
- 1
- Bathroom
- 110 m²
- Interior
- 110 m²
- Plot
- Apartment
- Type
- 2 weeks ago
- Listed
The Habio take
This charming three-bedroom apartment is located in the historic gothic district of Palma, Mallorca, offering a blend of original features and contemporary design. With its versatile layout, it is well-suited for both residential living and business use.
- historic
- city
- investment
Highlights
- Historic gothic location
- Partly refurbished to high standards
- Original features preserved
- Versatile layout for residential or business use
- Incredible potential for future development
Worth knowing
- No designated parking available
Good fit for: Ideal for investors or those seeking a home with business potential in a vibrant area.
Lifestyle scores
- Beach
- 50
- Walkable
- 85
- Remote work
- 70
- Family
- 65
- Retirement
- 60
- Airport access
- 80
- Investment
- 75
- Luxury
- 70
- Value
- 65
About this place
This unique property is set in the beautiful historical gothic part of Palma de Mallorca, currently functioning as both business premises and a residential dwelling. It is legal for residential use and has been partly refurbished to an extraordinary standard in 2005, showcasing a captivating mix of original features and contemporary design.
The apartment features stunning exposed original flooring, protected by glass in one of the main rooms, which adds to its charm. It comprises three potential bedrooms, two smaller bathrooms, a library or office space, and the possibility of creating additional storage for future use. This intriguing property presents an excellent opportunity for anyone looking for a home or business in a highly sought-after area of Palma, deserving a viewing for its limitless possibilities.
Getting around
- Good water quality
Nearest beach · Playa Can Pere Antoni
~3 min drive · 1.6 km
Palma de Mallorca (PMI)
~9 min drive · 8.0 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, Mallorca, Spain
- Nearest airport
- Palma de Mallorca (PMI)
- 8 km
- Also close
- Ibiza (Eivissa) (IBZ)
- 135 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.
Buying property in Spain
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
