Palma

Palma | Balearic Islands

The Pinnacle of

Apartment Living

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Andrew Hamaton

Presented At

€9,200,000

Bedrooms

Bathrooms

Stories 5

Cinema

Office

Laundry Room

Open Kitchen

Stone Countertops

Elevator

Jacuzzi

Air Conditioning

Indoor Pool

Fitness Center / Gym

Basement

Kitchen island

Sauna

Garage

Balcony

Terrace

Outdoor Living Space

Pool

Outdoor Kitchen

City View

Sea View

Coastal

Renovated

Palma, Balearic Islands, Spain, Palma, Balearic Islands, Spain. - Photo 1

Palma, Balearic Islands, Spain, Palma, Balearic Islands, Spain. - Photo 2

Palma, Balearic Islands, Spain, Palma, Balearic Islands, Spain. - Photo 3

Palma, Balearic Islands, Spain, Palma, Balearic Islands, Spain. - Photo 4

Palma, Balearic Islands, Spain, Palma, Balearic Islands, Spain. - Photo 5

Palma, Balearic Islands, Spain, Palma, Balearic Islands, Spain. - Photo 6

Palma

Palma | Balearic Islands

Palma, Balearic Islands, Spain, Palma, Balearic Islands, Spain. , Palma , Balearic Islands

Luxury Project Under Construction

Details:

Plot Size (m2)110
Year built1900
Apartments1
Bedrooms5
Bathrooms8
Energy ClassB

Features:

Air Conditioning
Awnings
Balconies
Basement
BBQ
Cinema Room
Contemporary
Customisable
Dining Porch
Double Glazing
Elevator
Energy Efficient
Exposed Beam Ceilings
Gym
Heating
High Speed Internet
Jacuzzi
Kitchen

Fully Equipped Kitchen
Outdoor Laundry Room Location
Close to Port Location
Corner plot Location
Exclusive Location
Fashionable Location
Increasing in Value Location
Near Airport Location
Near Golf Course Location
Near Schools Location
Quiet Multimedia
Sound System Office Parking
Double Garage Perfect Condition Pool Porcelain floors Renovation Project Roof Terrace Room With Separate Entrance Sauna Storage Room Terrace
Private Roof Underfloor heating View
City Views
Partial Sea Water Filter wifi Wooden Floors Contemporary Project 15th Century, 5 storey Palma luxury Townhouse in Prime Location Palma luxury townhouse in a prestigious location in Palma
Large 5 bedroom en
Very high energy efficiency rating (B) provisional, all walls and false insulated with fibre wool.
2 very spacious car parks in garage with car turntable for ease of access. Bike and Motorcycle places.
Underfloor heating in all primary living areas (not including gym, pool and garage.)
Hot and cold air conditioning in all enclosed floors except garage space and indoor pool area.
House Domotic system controlling many household features and access and alarms.
OTIS Lift access to all floors except roof terrace.
Black painted (or owner preference) Natural wood
argon filled windows of very high efficiency rating and noise reduction.
Persianas/ shutters fittings to all exterior windows.
Beautiful real wood kitchens and bathrooms, by CAIRE
Italian lighting throughout with dimmers (see lighting plan)
Central music system
SONOS or similar
High speed fibre
High quality Schneider D
Black.
European styled bathrooms on all living floors, with natural marble bowls.
GESSI (HIFI range) tap and fittings in bathrooms.
Extravagant sized entertainment, gallery or office floor.
OTIS designed kitchen (dumb waiter) servicing floors 4, 5 and terrace.
Gaggennau brand electrodomestics throughout main kitchen (conventional oven, vapor oven, café machine and multifunction microwave.
Miele
Indoor living walls (vertical gardens) entrance and patio wall.
Private roof terrace with kitchen/BBQ entertainment and sunbathing area and Jacuzzi (at owners request) with elevated
Indoor heated pool with optional counter current jet pump (at customer request)
Gymnasium with AC
Sauna (see photos below )
Jacuzzi
4 person (see photos below, image is example of type)
Separate laundry room.
Recessed aluminium skirting boards throughout.
Flooring in a wood look porcelain floor boards laid in classic CHEVRON pattern.
Water softener system for all outlets and osmosis drinking water systems for kitchens and fridges etc. Though centrally located the house is in a quiet area with ideal street access just seconds from multitudes of restaurants of every level.

In the heart of the fashionable boutique shopping centre. Also Minutes from Merkat d

Exterior

Property

Gallery

3D Street View Tour

Property Location

Palma, Balearic Islands, Spain, Palma, Balearic Islands, Spain., Palma Balearic Islands

Local Weather & Climate

Palma, Balearic Islands

Current Conditions Updated recently

56 °F

Few clouds

Feels Like 56°F

Humidity 91%

Wind 6 mph

Visibility 6.2 mi

Sunrise 6:58 AM

Sunset 5:06 PM

5-Day Forecast

Fri 30 Jan

Clouds

High 59°

Low 54°

Sat 31 Jan

Rain

High 55°

Low 48°

Sun 1 Feb

Clouds

High 56°

Low 50°

Mon 2 Feb

Clouds

High 60°

Low 52°

Tue 3 Feb

Clouds

High 57°

Low 52°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Palma?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

€

Down Payment

€100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for Spain. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on Spain tax year 2025 (fiscal year: January-December) through 2012. Tax laws change frequently and may have been amended since this data was compiled.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

$920,000,000

Palma, Balearic Islands, Spain, Palma, Balearic Islands, Spain.

Palma, Balearic Islands

5 Beds

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Market Opinion

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Our perspective on current market conditions in Palma. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis

International luxury real estate typically appreciates steadily over time.

Buyer Score

Estimated regional appreciation: 4% annually

Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $920,000,000 20% down ($184,000,000)

Investment Perspective

$1 → $1.36

Every dollar invested today could become $1.36 in 10 years

$100 → 136 $1,000 → $1,362

$79,055/day

Your home may appreciate while you sleep

$554,908/week $2,404,601/mo $28,855,216/yr

$100K Investment Comparison (10 Years)

Real Estate (Leveraged)

$281K

S&P 500 Index

$259K

High-Yield Savings

$155K

Real estate leverage: potential 8% advantage over stocks

-$506.2M

+$727.7M

$727.7M Potential Equity

vs $506.2M lost to rent over 10 years

$184.0M Down Payment Growth

10yr

$727.7M

8.1x

20yr

$1,495.3M

12.6x

30yr

$2,323.5M

Wealth Comparison

×5,532

Equivalent to 5,532 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $2,323.5M

Time to Double Your Investment (accounting for market cycles)

42.4

years

Conservative

1.65% effective/yr

22.4

years

Market-Based

3.14% effective/yr

13.9

years

Optimistic

5.12% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $1,083.5M +18%

Market $1,252.9M +36%

Optimistic $1,515.8M +65%

$727.7M est. equity

20 Years

Conservative $1,276.0M +39%

Market $1,706.2M +85%

Optimistic $2,497.4M +171%

$1,495.3M est. equity

30 Years

Conservative $1,502.7M +63%

Market $2,323.5M +153%

Optimistic $4,114.6M +347%

$2,323.5M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does Palma, Balearic Islands, Spain, Palma, Balearic Islands, Spain have?

This house at Palma, Balearic Islands, Spain, Palma, Balearic Islands, Spain features 5 bedrooms.

What is the listing price for Palma, Balearic Islands, Spain, Palma, Balearic Islands, Spain?

This property is listed at $920,000,000.

Is now a good time to buy a home in Palma?

Based on current market indicators, Palma shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.

What type of property is Palma, Balearic Islands, Spain, Palma, Balearic Islands, Spain?

This is a house located in Palma, Balearic Islands. The property is situated in an established neighborhood with convenient access to local amenities and services.