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Spacious 5-Bedroom Penthouse with Rooftop Terrace in Palma

€845,000€3,521/m²

Palma de Mallorca, Baleares, Spain

  • 5

    bedrooms

  • 3

    bathrooms

  • 240 m²

    interior

  • 320 m²

    plot

  • Apartment

    property type

  • 4 Aug 2026

    listed

The Habio take

AI summary

This exceptional five-bedroom penthouse features a stunning private rooftop terrace, ideal for outdoor living and entertaining. Located in the highly desirable San Armadams area of Palma de Mallorca, you're just a short walk from the historic city centre and vibrant marina.

  • city
  • luxury
  • garden
  • family
  • walkable

Highlights

  • Private rooftop terrace
  • Spacious 5-bedroom layout
  • Independent guest suite
  • Desirable San Armadams location
  • Close to historic city centre
  • Potential for modernisation

Worth knowing

  • Partial refurbishment required
  • Limited parking availability in the neighbourhood

Good fit for: Ideal for families or those seeking a flexible urban lifestyle in Palma.

Lifestyle scores

Beach
70
Walkable
90
Remote work
80
Family
90
Retirement
75
Airport access
85
Investment
85
Luxury
80
Value
65

About this place

This outstanding penthouse for sale in Palma de Mallorca features a private rooftop terrace and is located in one of the city's most sought-after residential neighbourhoods. Situated on the border of Son Espanyolet, this duplex spans approximately 240 m² over two levels, providing generous living space and remarkable outdoor areas that are rare in central Palma.

The principal accommodation offers around 155 m² of thoughtfully arranged living space, including two spacious reception rooms: a bright living room with a balcony and a separate dining room. The fully equipped independent kitchen comes with a pantry and utility room, adding to the convenience of family living. Four well-proportioned bedrooms with built-in wardrobes ensure ample space for a family, supported by two full bathrooms.

On the upper level, there is an independent guest suite of approximately 74 m², complete with its own bathroom and direct access to a stunning private rooftop terrace of about 43 m². This versatile space can serve as a guest area, home office, or retreat, with plenty of room for al fresco dining and entertaining.

While the property has undergone partial refurbishment, there remains excellent potential for further modernisation. Enhancements such as double glazing, energy-efficient systems, and contemporary finishes can significantly boost comfort and long-term value, allowing a new owner to create a truly personalised city residence.

What this place offers

  • rooftop terrace
  • garden
  • balcony
  • furnished

Where you’ll be

Palma de Mallorca, Baleares, Spain

Location is approximate — exact address is confirmed by the agent.

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Buying property in Spain

Full guide →

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

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