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Renovated Representative Building

Palma De Mallorca, Balearic Islands, 07005, Spain

Property ID: #12767588 // Residential
    / 8
Traditional Sale
List Price:
USD $16,843,334.53
This amount was converted from the original amount of 15,000,000.00 EUR to USD at the exchange rate as of 2026-11-04 22:00:00 UTC
Icon 29,902.14 ft²
Icon - acres
Icon - beds
Icon - baths
Title:
Renovated Representative Building
City:
Palma De Mallorca
State, Province or Island:
Balearic Islands
Zip Code:
07005
Country:
Spain
Property Type:
Residential
Additional Property Types:
Other
Property Size:
29,902.14 ft²
Data Source:
Properstar
Listing Link:
MLS/Reference Number(s):
115155740
Source Property Type:
Building

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Property Information

This emblematic building located in Avenidas was built in the middle of the XX century and is well known in Palma. Today it lives again with a brand new, elegant identity that ensures the connection with the past, preserved in its distinctive façade.

The complete building offers 14 apartments (1, 2 and 3 bed together with 1 duplex penthouse) of various sizes and two commercial areas on the ground floor. The property comes complete with 20 garage parking spaces. A fantastic investment opportunity for those looking for a complete building which is ready to move in, offers access to the best of what Palma has to offer and comes with parking.

The transformation has been done with the utmost of care and attention to details incorporating modern comforts such as, but not limited to underfloor heating A/C h/c, natural stone from Mallorca, oak wood, fully fitted kitchens, double glazing, and home automation.

Palma Centre with its national and international residents has become one of the most cosmopolitan second home residence areas in the Mediterranean. Offering an incomparable selection of fine dining options, cultural and sports activities together with its own beach makes it an ideal location for a full time or part time residence. Due to the expansion of the city many international investors are now looking to new areas that were in the past predominantly were for locals. Area such as the Avenida’s, and its secondary streets have become increasingly attractive due to the competitive difference in prices. Palma offers the best transport hub on the island, just 15 mins from the airport, with the main bus, metro & train station in the Plaza España and the excellent public transport system means having a car is not a necessity. The port, also in the centre offers numerous connections to the other Balearic Islands, mainland and other countries, apart from being one of the top cruise ship destinations in the Mediterranean.

Source Disclaimer

Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This content last updated on 2026-09-29 18:01:00. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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