Beyond its beautiful seaside promenade, Palma has a charming city centre that’s easy to explore on foot. You’ll find fantastic dining spots, a lively social scene, and a blend of local Spanish culture that gives it a unique charm. With its mix of Mediterranean laid-back vibes and modern amenities, Palma is perfect for those who want to enjoy both a relaxed beach life and city living in a gorgeous coastal setting.
[property-search locationIds=[150,151]]
Properties in Palma de Mallorca
Palma de Mallorca is quickly becoming a top spot to buy property in the Balearics, loved by tourists and locals alike for its perfect mix of vacation vibes and great living conditions. Situated on the southwest coast of the island, it’s just a short 10-minute drive from the airport, offering stunning sea views that are easy to reach. The city’s real estate market has something for everyone, whether you’re after a luxury penthouse, a cosy apartment, a historical townhome or something in between. The city’s robust infrastructure ensures convenience, with excellent schools, healthcare facilities, and efficient public transportation adding to its appeal as a desirable place to live or invest in property.
Where to buy a property in Palma de Mallorca
La Seu Cathedral / Calatrava
The winding streets in the Old Town of Palma are home to the city’s most historic and prestigious properties, known for their classic style and grandeur. Luxury apartments and townhomes line cobblestone streets, all within walking distance of landmarks like the Cathedral. Close to the centre yet exclusive, this area of Palma offers a blend of history, prestige, and accessibility.
Here you’ll find a mix of shopping boulevards, cobbled alleyways, Gothic churches, baroque palaces, stylish bars, and elegant boutiques. With minimal traffic, the narrow streets are calm and peaceful. Unassuming doorways often conceal delightful courtyards leading to magnificent Mallorcan palaces, many of which have been carefully restored.
The Cort
Properties here meld historic beauty with modern luxury, with renovated apartments and townhomes from another era. Thanks to the nearby high-end shopping, cafes, and restaurants, this quarter has a livelier feel than the nearby Calatrava zone. The area is a haven for those who appreciate architectural elegance combined with the convenience of modern living.
Strolling through the picturesque streets, you’ll find beautifully restored facades and meticulously maintained interiors that reflect Palma’s rich heritage. Exclusive boutiques, art galleries, and cultural attractions add to the neighbourhood’s allure.
La Lonja
Properties in the La Lonja neighbourhood offer the unique advantage of being in proximity to Palma’s portside promenade and bike path, surrounded by a buzzing hub of modern restaurants and bars. Traditional merchant houses, apartments, and penthouses are available for sale here, reflecting La Lonja’s affluent past as a trading centre. Its proximity to the city’s urban core and its harbour make La Lonja a highly desirable location.
Sa Gerraria
Sa Gerreria has undergone a significant transformation over the past few decades. Once known as a red light district frequented by American soldiers in the 80s and 90s, the neighbourhood has evolved while retaining its distinctive atmosphere. Historically home to craftspeople, migrants, and labourers, Sa Gerreria’s narrow streets are now lined with hostels, bars, small restaurants, and stores.
Today, the barrio continues to change, offering a unique blend of historical charm and modern vibrancy. It offers traditional markets, trendy cafes, and art galleries amidst charming cobblestone lanes. Here you’ll find some of Old Town’s more affordable property options, presenting excellent opportunities for investment.
Paseo Marítimo
Paseo Marítimo features Palma’s only waterfront properties, including modern apartments and elegant residences overlooking the harbour. Its prime location offers residents scenic views and convenient access to dining, entertainment, and luxury harbours along the waterfront. Residents enjoy leisurely strolls along the promenade, soaking in the marina’s beauty.
The district is renowned for its upscale restaurants, trendy bars, and fashionable boutiques, catering to those with refined tastes.
Property in Paseo Marítimo is highly sought after for its prime location and luxurious amenities. Modern apartments feature sleek designs and state-of-the-art facilities, while elegant residences offer timeless elegance and expansive views. Whether relaxing on private terraces or exploring cultural landmarks and recreational activities nearby, living in Paseo Marítimo promises a sophisticated lifestyle immersed in beauty and convenience.
The Avenidas
Strolling along Avenidas, you’ll find a mix of residential buildings, shops, cafes, and restaurants catering to both locals and visitors. The area is popular among local buyers for its established community feel, while foreigners are increasingly drawn to its authentic Spanish ambience. Recent developments have brought modernity to the neighbourhood, introducing new buildings that uphold high standards of quality and design.
Living in Avenidas means enjoying easy access to amenities such as supermarkets, schools, and recreational facilities, as well as proximity to Palma’s cultural attractions and beaches. The neighbourhood’s blend of Spanish urbanisation and modern convenience makes it a desirable place to live for those looking for property in the heart of Palma.
Santa Catalina
Santa Catalina, anchored by its renowned indoor market, stands out as one of Palma’s trendiest neighbourhoods. Located west of Avenue Argentina and once a humble fishermen’s enclave, recent years have witnessed extensive revitalization, transforming it into a lively district filled with restaurants and bars. Properties here include renovated penthouses and apartments offering magnificent views of the city and bay. Property in Santa Catalina is highly sought after, with its proximity to the seafront and the buzz of city life.
Portixol
Portixol, once a quaint fishing village, has evolved into a serene harbour-side location and proximity to the city centre. Situated at the eastern end of Playa de Palma, it has a scenic promenade and bike path leading to both El Arenal and Palma. Properties in Portixol range from beautifully renovated terrace houses to modern townhouses and luxury apartments, all enjoying views of the pretty marina and waterside restaurants.
The neighbourhood’s charm lies in its blend of historical fishermen’s cottages and contemporary residences. The vibe here is that of a laid-back seaside village atmosphere with easy access to urban amenities. The promenade also attracts cyclists, skaters, and leisurely strollers.
El Terreno
Just above the city centre sits the El Terreno neighbourhood, offering scenic views and a rich history of attracting renowned artists and film stars who have invested in its properties. Charming villa properties, some featuring swimming pools, sit alongside impressive mansions and low-rise buildings of vibrant colouring.
El Terreno also features modern apartment buildings offering sweeping sea views. Its narrow, steep streets add to its unique character and appeal. The area is particularly attractive to families due to the presence of several international schools, making it a convenient and safe environment for children. Residents of El Terreno also enjoy proximity to both the Paseo Marítimo waterfront promenade and Bellver Park, providing opportunities for outdoor activities like jogging and dog-walking.
Son Vida
Son Vida epitomises luxury and lifestyle with its prestigious residential ambience, located just outside of Palma. Renowned for its exclusive luxury villas, Son Vida offers breathtaking views of the bay. This neighbourhood boasts high-end hotels, a renowned wellness spa, and is home to three of Mallorca’s finest golf courses: Son Vida, Son Muntaner, and Son Quint.
Property in Son Vida ranges from stately old Mallorcan mansions that have been lovingly restored to contemporary newly-built villas. The area is ideal for families seeking the international schools and facilities of Palma, offering a private, gated, and secure environment. Living in Son Vida promises a blend of exclusivity, natural beauty, and recreational opportunities, making it a premier destination for those seeking a luxurious lifestyle in Palma de Mallorca.
Types of property in Palma de Mallorca
Apartments
Apartments are the most common and highly coveted type of property in Palma, particularly sought after by foreign buyers. Local architects and construction firms have been instrumental in delivering exceptional living concepts that cater to modern demands. Apartment properties in the city tend to offer great access to the island’s best international schools, hospitals, restaurants and other recreational amenities. Palma has seen significant improvements in style and quality over the years, making it an attractive choice for those looking for modern homes that are both stylish and functional.
Penthouses
Everyone appreciates a spectacular view, and in Palma’s penthouses, the sight of the city’s red terracotta rooftop tiles and traditional architecture creates a truly stunning visual experience. These properties are in high demand, especially those offering views of the sea. Palma’s penthouses serve as vantage points to admire the cityscape and coastline, making them coveted properties to enjoy a Mediterranean ambience.
Historic Townhouses
Coveted “casas señoriales” in Palma’s Old Town offer buyers a piece of history, often featuring lush interior courtyards and luxurious renovations. Historic townhomes provide more space without sacrificing access to the city’s best amenities. Ideal for those seeking a blend of charm and modern comfort, these properties are renowned for their architectural character and cultural significance. They stand as timeless investments, capturing the essence of Palma’s heritage amidst the modernity of urban life.
Villas
Living in a villa in Palma de Mallorca offers a luxurious and serene lifestyle surrounded by natural beauty and urban amenities. Villas typically feature spacious layouts, private gardens, and often include amenities like swimming pools and stunning views of the sea or mountains. Residents enjoy a sense of privacy and tranquillity while still being close to Palma’s vibrant city life, with its cultural attractions, gourmet dining, and lively waterfront. It’s a lifestyle ideal for those seeking a lifestyle in one of Spain’s most sought-after coastal cities.
Advantages of buying a property in Palma de Mallorca
Property for sale in Palma de Mallorca offers an exceptional blend of convenience, culture, and quality of life. Situated just a 10-minute drive from the airport, Palma ensures effortless travel connections, ideal for frequent flyers and international visitors. The city is home to a dynamic social scene with numerous bars, restaurants, cafes, and galleries, catering to diverse tastes year-round. Its rich cultural calendar ensures residents are immersed in events and activities throughout the seasons, not just in summer.
Palma also stands out for its superior security, cleanliness, and well-developed infrastructure, surpassing many other Mediterranean cities. Public transit and healthcare options are abundant. Ongoing investments continually enhance city programming, ensuring a high standard of living and peace of mind for residents. Plus, there are a diverse range of properties available to suit every lifestyle and preference, making Palma an investment opportunity worth looking into.
What the Experts Say
“Access to world-class beaches, restaurants, art galleries and amenities make Palma one of the Mediterrenean’s most treasured and coveted locations– the property market here is thriving and will only continue to grow.”