New Elegant Penthouse in Historic Building for Sale in Palma

Reference RH02423
Property Type Penthouse
Postcode 07009
City Palma
Level 4 - 6
Living area 248 sqm
N° of rooms 5
N° of bedrooms 3
N° of bathrooms 4
Balcony/Patio areas 72 sqm
Constructed area 320
Heating type Central heating system, Underfloor heating
Air conditioning Centralized
Number of floors 3
Floor Stone, Tiles
Glazing Double glazed
Terraced Yes
Purchase price 4.900.000 €
Reference RH02423 Property Type Penthouse
Postcode 07009 City Palma
Level 4 - 6 Living area 248 sqm
N° of rooms 5 N° of bedrooms 3
N° of bathrooms 4 Balcony/Patio areas 72 sqm
Constructed area 320 Heating type Central heating system, Underfloor heating
Air conditioning Centralized Number of floors 3
Floor Stone, Tiles Glazing Double glazed
Terraced Yes Purchase price 4.900.000 €
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Property description In the heart of Palma’s Old Town an iconic Art Nouveau building has been reimagined for gracious, modern living.

Built in 1904, the five-storey building, which was once the city dwelling of one of Mallorca’s noble families, is being redeveloped into an exclusive collection of sophisticated, urban homes.

Located within walking distance of shops, cultural centres, cafes and restaurants, when complete, this modernist gem with a leafy, internal courtyard will consist of seven one-of-a-kind residences: five spacious apartments with balconies and bay windows overlooking the street, and two impressive penthouses with private roof terraces offering views over the city.

Due to its historic importance, the building is protected, so many of the original architectural and decorative features have been preserved throughout. The blend of these unique details with modern amenities will create homes that are infused with history, whilst being fully equipped for contemporary living.

Luxury Building with 5 Apartments

Available units -

App. 7: 4th floor / 248m2 / 3 beds / 4 baths / 72m2 terrace / private pool / 4.900.000€
App. 6: 4th floor / 243m2 / 3 beds / 3 baths / 75m2 terrace / 4.900.000€
App. 1: 1st floor / 227m2 / 3-4 bed / 4 baths / 22m2 terrace / 1.790.000€

PENTHOUSE APARTMENT 7

This unique triplex apartment offers an abundance of well-designed space spread over three floors, and an exceptional roof terrace with a private pool.

The lower level is a bright, open-concept living area, with a spacious living room on the street side, a bright dining room with windows onto patios on either side in the centre, and a fitted kitchen with a large central island at the rear. The kitchen, equipped with Gaggenau appliances, is distinguished by exposed wooden beams and a Volakas marble floor and countertops, while other rooms on this level feature restored Mallorquin floor tiles and crown moulding. A utility room and guest bathroom complete this floor.

On the next level are the three bedrooms, all with exposed wooden beams: the master bedroom has windows onto the central patio and an adjoining bathroom and dressing room finished in marble and walnut wood; a second bedroom boasts marble floors and wood paneling on the walls, and a third bedroom, accessed via the ensuite bathroom, is located at the front of the building and features a sloping ceiling and tiled floors.

The crowning glory of this superb apartment is the 72 m2 private terrace. The lower level includes a bathroom with shower and plenty of space to create seating, dining and sunbathing areas, while the upper level offers 360-degree views across the city, all the way to the sea in one direction and the mountains in the other, and your own, private rooftop pool.

• 3 bedrooms
• 248 sqm built area • 2 balconies
• 72 sqm terrace
• Pool


Old Town breaths history and is buzzing all year round. Galleries, museums, cocktail bars, Michelin star restaurants, food markets, high street fashion, and fantastic architecture. You always discover something new when strolling these cobbled streets. Old Town works any time of the year and is perfect both as a weekend destination and for more permanent living. Expect to find exquisite refurbishments of historic palaces and whole buildings, small studios, lofts, penthouses, and historical apartments. Old Town has something for everybody and it never goes out of fashion.

If you are looking to purchase a property in Spain, you should consider financing to optimize your real estate investment!

Nowadays, it makes sense for everybody to mortgage when purchasing a property in Spain. There are many benefits, including tax deductions and maintaining liquidity, amongst others. Financing in Spain can be very different from financing in other countries, and the Lionsgate Capital team will be happy to explain the process to you in more detail, and how you can optimize your investment.

Lionsgate Capital is the leading mortgage broker in Spain, based in the Balearics. Our team of multilingual mortgage experts understands that every client is unique and will do everything possible to ensure you maximize your savings by always obtaining the best possible mortgae or financial solution to suit your specific preferences and circumstances.

Why contact Lionsgate Capital?

• We are one contact for all banks, both in Spain and in other jurisdictions
• Over 1000 satisfied clients with transactions between 1M€ and 30M€
• Interest-only mortgages available for HNW and UHNW individuals
• Our specialist team offers over 50 years of joint banking experience
• We obtain exclusive and preferential rates and conditions for all our clients
• We simplify the process saving you time, effort, and money!

Contact us for a free initial consulting!

Lionsgate Capital is fully registered in the Bank of Spain's register of real estate mortgage intermediaries with ID number D270. Lionsgate Capital is registered in data protection and all information is confidential. Our team offers independent and impartial advice.

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