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 summaryThis 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.
Open in Google MapsBuying property in Spain
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


