Commercial space with character

€5,000
  • ~218 m² Total surface

Description

Located in one of the most prestigious areas of Palma's historic Old Town, this exceptional commercial premises offers a unique opportunity to establish a business in one of the city's most sought-after locations. Offering approximately 218 m² distributed over different levels, the property boasts impressive Mallorcan sandstone vaulted ceilings, original stone walls and beautiful historic architectural features full of character. The premises require refurbishment, providing the future tenant with complete freedom to create a bespoke space tailored to their own concept and business needs. With no goodwill payment (traspaso) required, it represents an excellent opportunity to develop a new commercial project from the ground up. Its versatile layout makes it suitable for a wide range of uses, including a luxury boutique, art gallery, concept store, showroom, representative office or other premium commercial concepts. A rare opportunity to secure a distinctive property in one of Palma's most exclusive business locations. Excellent visibility and pedestrian traffic No traspaso Historic sandstone vaulted ceilings 983
Features
Basement
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Engel & Völkers Commercial Mallorca

Your advisor: Office Palma

Property ID: OI-SMA-983

Property details
  • Property type

    Store

  • Total surface

    ~218 m²

Energy efficiency information
  • Energy certificate available

    No

    Location: Centre, Palma

    Located in the heart of Palma's prestigious Old Town, this exceptional location combines historic charm with modern city living. Set within the sought-after La Llotja–Sant Jaume district, the area is renowned for its elegant stone streets, beautifully restored historic buildings, boutique shops, art galleries, and some of the city's finest restaurants and cafés. Within walking distance are many of Palma's most iconic landmarks, including the majestic Cathedral (La Seu), the Royal Palace of La Almudaina, and the stylish Passeig del Born, known for its luxury boutiques and vibrant café culture. The nearby marina and seafront promenade offer easy access to the Mediterranean, while museums, cultural venues, and year-round events contribute to the area's lively yet sophisticated atmosphere. Despite its central position, the neighbourhood maintains a peaceful residential feel, making it one of Palma's most desirable and exclusive areas. Excellent transport links, international schools, healthcare facilities, and Palma Airport—approximately 15 minutes away by car—provide exceptional convenience for both full-time residents and visitors. This highly sought-after setting offers a unique blend of rich history, refined architecture, vibrant city life, and Mediterranean lifestyle, making it one of the most desirable locations in Mallorca.

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    Engel & Völkers Commercial Mallorca

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