Apartment for Sale in Palma De Mallorca, Balearic Islands

  • 535 000 €
  • 1 beds
  • 1 baths
  • 70 m²
  • Near Beach

Features

  • Lift
  • Close to amenities
  • Close to the sea
  • In the city
  • Old town
  • Walking distance to restaurants & bars
  • Walking distance shopping area
  • Walking distance to harbour
  • Close to harbour

Description

Charming Penthouse with Immediate Rental Income in the Historic Heart of Palma.

A unique investment opportunity in one of Palma’s most iconic locations, offering guaranteed rental income from day one.

This distinctive penthouse of approximately 70 m² is located in the prestigious Cort area, next to Hotel Cappuccino, within an elegant and representative building featuring two lifts.

Its attic-style character, exposed wooden beams, skylights, and abundant natural light create a unique atmosphere and authentic Mediterranean charm that is rarely found in conventional city-centre properties.

The apartment comprises one bedroom, one bathroom, and a fully fitted and equipped kitchen, offering a comfortable and functional layout.

The property is currently occupied by a reliable long-term tenant, allowing the new owner to benefit from immediate rental income, making it an excellent opportunity for investors as well as those looking to add a distinctive asset to their real estate portfolio.

An exclusive property in Palma’s historic centre, where location, character, and profitability come together in a single investment opportunity.

For further information, please do not hesitate to contact the First Mallorca sales team.

Reference: MMV-11506-84119

Listing date: 05/08/2026

Location

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