Palma

Palma | Balearic Islands

The Essence of

Noble Life

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FALC Real Estate SL

Presented At

€2,900,000

Bedrooms

Bathrooms

Living

6,039

SQM

Fireplace

High Ceiling

Office

Air Conditioning

Elevator

Fitness Center / Gym

Gas Stovetop

Terrace

Outdoor Living Space

Parking

Balcony

Fire Pit

Water View

Investment Property

Palma, Mallorca, Palma, Palma, Balearic Islands, Spain. - Photo 1

Palma, Mallorca, Palma, Palma, Balearic Islands, Spain. - Photo 2

Palma, Mallorca, Palma, Palma, Balearic Islands, Spain. - Photo 3

Palma, Mallorca, Palma, Palma, Balearic Islands, Spain. - Photo 4

Palma, Mallorca, Palma, Palma, Balearic Islands, Spain. - Photo 5

Palma

Palma | Balearic Islands

Palma, Mallorca, Palma, Palma, Balearic Islands, Spain. , Palma , Balearic Islands

Palma Town House

Traditional Mallorcan castle-like manor house

just a few meters from the cathedral of Palma (La Seu) This historic building of Gothic origin combines architectural elements of great beauty with carefully preserved architectural details. The property is duly registered in the cadastre and land registry and offers multiple possibilities for use and commercialization
an exceptional opportunity both as a private residence and as a prestigious investment. This unique property impresses with light, character and a privileged location. It combines the generosity and elegance of traditional Mallorcan and Mediterranean architecture with modern amenities. High ceilings, historic cellars, a beautiful inner courtyard with traditional arches, bright terraces and impressive views of the nearby sea create an incomparable atmosphere. Despite its historical substance, the residence offers maximum comfort, including heating and the possibility of integrating an elevator. The living space is spread over two floors with a total of three residential units. The property also has a first floor with four additional rooms that can be used flexibly as an office, studio, store or additional residential unit. This exceptional property is made for people who appreciate architectural beauty and historical significance
a real gem for lovers of unique properties.

Property

3D Street View Tour

Property Location

Palma, Mallorca, Palma, Palma, Balearic Islands, Spain., Palma Balearic Islands

Local Weather & Climate

Palma, Balearic Islands

Current Conditions Updated recently

51 °F

Broken clouds

Feels Like 50°F

Humidity 95%

Wind 4 mph

Visibility 6.2 mi

Sunrise 6:10 AM

Sunset 5:49 PM

5-Day Forecast

Mon 9 Mar

Rain

High 59°

Low 51°

Tue 10 Mar

Clouds

High 62°

Low 49°

Wed 11 Mar

Clouds

High 63°

Low 52°

Thu 12 Mar

Clouds

High 61°

Low 51°

Fri 13 Mar

Clear

High 61°

Low 49°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Palma?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

€

Down Payment

€100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for Spain. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on Spain tax year 2025 (fiscal year: January-December) through 2012. Tax laws change frequently and may have been amended since this data was compiled.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

$2,900,000

Palma, Mallorca, Palma, Palma, Balearic Islands, Spain.

Palma, Balearic Islands

6 Beds

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Market Opinion

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Our perspective on current market conditions in Palma. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis

International luxury real estate typically appreciates steadily over time.

Buyer Score

Estimated regional appreciation: 4% annually

Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $290,000,000 20% down ($58,000,000)

Investment Perspective

$1 → $1.36

Every dollar invested today could become $1.36 in 10 years

$100 → 136 $1,000 → $1,362

$24,920/day

Your home may appreciate while you sleep

$174,917/week $757,972/mo $9,095,666/yr

$100K Investment Comparison (10 Years)

Real Estate (Leveraged)

$281K

S&P 500 Index

$259K

High-Yield Savings

$155K

Real estate leverage: potential 8% advantage over stocks

-$159.6M

+$229.4M

$229.4M Potential Equity

vs $159.6M lost to rent over 10 years

$58.0M Down Payment Growth

10yr

$229.4M

8.1x

20yr

$471.3M

12.6x

30yr

$732.4M

Wealth Comparison

×1,744

Equivalent to 1,744 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $732.4M

Time to Double Your Investment (accounting for market cycles)

42.4

years

Conservative

1.65% effective/yr

22.4

years

Market-Based

3.14% effective/yr

13.9

years

Optimistic

5.12% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $341.5M +18%

Market $394.9M +36%

Optimistic $477.8M +65%

$229.4M est. equity

20 Years

Conservative $402.2M +39%

Market $537.8M +85%

Optimistic $787.2M +171%

$471.3M est. equity

30 Years

Conservative $473.7M +63%

Market $732.4M +153%

Optimistic $1,297.0M +347%

$732.4M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does Palma, Mallorca, Palma, Palma, Balearic Islands, Spain have?

This house at Palma, Mallorca, Palma, Palma, Balearic Islands, Spain features 6 bedrooms with 6,039 square feet of living space.

What is the size of Palma, Mallorca, Palma, Palma, Balearic Islands, Spain?

This property offers 6,039 square feet of living space.

What is the listing price for Palma, Mallorca, Palma, Palma, Balearic Islands, Spain?

This property is listed at $290,000,000, which equals $48021 per square foot.

Is now a good time to buy a home in Palma?

Based on current market indicators, Palma shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.

What type of property is Palma, Mallorca, Palma, Palma, Balearic Islands, Spain?

This is a house located in Palma, Balearic Islands. The property is situated in an established neighborhood with convenient access to local amenities and services.