Charming Triplex in Historic Centre of Palma de Mallorca
€895,000€6,630/m²
Palma de Mallorca, Palma de Mallorca, Spain
2
bedrooms
2
bathrooms
135 m²
interior
Townhouse
property type
7 Jun 2026
listed
The Habio take
AI summaryThis beautifully renovated triplex in the heart of Palma's old town offers unique historical charm just steps from the Cathedral. With high-quality finishes and functional design across three floors, it perfectly balances comfort and style in a vibrant cultural setting.
- historic
- city
- walkable
- investment
- remote work
Highlights
- Two bedrooms and two bathrooms
- Renovated historic townhouse from the 1300s
- Exposed beams and terracotta floors
- Independent studio potential on the ground floor
- High-quality materials used throughout
- Basement for laundry and storage
Worth knowing
- Stairs may not be suitable for those with mobility issues
- Limited outdoor space
Good fit for: Ideal for those seeking a blend of history and modern living in a vibrant urban setting.
Lifestyle scores
- Beach
- 50
- Walkable
- 90
- Remote work
- 80
- Family
- 60
- Retirement
- 70
- Airport access
- 85
- Investment
- 75
- Luxury
- 70
- Value
- 65
About this place
A unique home in the heart of the old town. A few steps from the Cathedral, surrounded by history and charm, this property has an unbeatable location. With an excellent renovation, a house from the 1300s has been transformed into a comfortable and functional property, maintaining the charm and uniqueness of the old mansion. Three floors and a basement complete the comfortable home. The exposed beams, some of them from the old renovation of the Cathedral, properly renovated, accentuate the charm of the property. The terracotta floor and the exterior curtain system increase the details related to the local culture. There are two access doors to the property, this offers the possibility of using the ground floor space as an independent studio, as it is complete with a comfortable bathroom with shower. Every detail of the house has been renovated in the smallest details with very peculiar and high-quality materials, such as the sinks and the Huguet brand tile. From the ground floor there is access to a basement used as a laundry room and with a practical storage unit. The basement walls are fully insulated and protected from moisture.
Buying 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.
- 1
Get an NIE
Apply for the foreign-resident tax number at a Spanish consulate, police station, or via a representative with power of attorney.
- 2
Open a Spanish bank account
Needed for the deposit, taxes, mortgage payments, and utilities.
- 3
Engage an independent lawyer
Lawyer runs title, debts, planning, and community-of-owners checks — the notario will not.
- 4
Reservation contract
Small deposit (€3,000–€10,000) takes the property off the market while due diligence runs.
- 5
Sign the contrato de arras
Private purchase contract with a 10% deposit. If the buyer pulls out they lose it; if the seller pulls out they pay double.
- 6
Sign the escritura pública
Final public deed signed before a notario; balance and taxes paid; keys handed over.
- 7
Register the property
Lawyer registers the deed at the Registro de la Propiedad and arranges utility and IBI transfers.
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
