Elegant Retail Space in a PRIME Location in Palma’s Old Town
Basic rent excl. utilities
- ~96.5 m² Total surface
Description
Engel & Völkers Commercial Mallorca
Your advisor: Battezzato Alissa
Property ID: OI-SMA-881
Centre, Palma
Elegant Retail Space in a PRIME Location in Palma’s Old Town
Basic rent excl. utilities
€3,600
Basic rent excl. utilities
Your advisor: Battezzato Alissa
Property ID: OI-SMA-881
Property type
Store
Condition
Good
Total surface
~96.5 m²
Energy certificate available
No
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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Provider:
Engel & Völkers Mallorca Commercial
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