Engel & Völkers
Exterior view of a three-story stone building with brown shutters and a balcony. The ground floor has storefronts with large windows.

Elegant Retail Space in a PRIME Location in Palma’s Old Town

Basic rent excl. utilities

€3,600
  • ~96.5 m² Total surface

Description

This exceptional retail space is situated in one of the most sought-after areas of Palma’s historic Old Town, surrounded by charming cafés, boutique hotels, and a steady mix of international visitors and discerning local customers. A location that guarantees visibility, foot traffic, and a truly exclusive atmosphere. The space stands out for its unique elegance and modern, high-end appearance, making it perfect for boutique retail, designer furniture showrooms, interior design studios, or other upscale concepts. A major highlight is the large storefront window, which offers excellent natural light and provides an impressive stage for product presentation. A truly rare opportunity in this area, where premium retail spaces are seldom available. With both tourists and affluent locals passing by daily, this location offers outstanding commercial potential. Ideal for brands that value style, visibility, and a refined environment. A rare gem in Palma’s premium Old Town – perfect for concepts built on elegance and distinction. 881
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Engel & Völkers Commercial Mallorca

Your advisor: Battezzato Alissa

Property ID: OI-SMA-881

Property details
  • Property type

    Store

  • Condition

    Good

  • Total surface

    ~96.5 m²

Energy efficiency information
  • Energy certificate available

    No

    Location: Centre, Palma

    Palma’s Old Town is located in the heart of Mallorca’s capital city, which currently has approximately 438,234 inhabitants. In addition, Palma is one of the most visited cities in Spain: in 2022 alone, around 3.1 million international tourists were recorded visiting the city as an urban destination. Furthermore, the Mallorca region as a whole registered around 18.7 million overnight stays in 2024, according to official data. If day visitors were also included, such as cruise ship passengers who stay only a few hours in the city, the total number of annual visitors would be significantly higher. As a result, Palma and especially the Old Town offers a lively and diverse mix of audiences: A large number of local residents as a stable population base. Many tourist visitors, both overnight guests and day or cruise passengers, creating a constantly changing international crowd with strong purchasing power and a high demand for premium and unique products.

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    Engel & Völkers Mallorca Commercial

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