Apartments for Sale in Mallorca · Luxury & Exclusive from €800K
CALATRAVA APARTMENT
Set behind a quiet communal courtyard with a fountain, this three-bedroom apartment offers a combination that is hard to find in the centre of Palma: a private
3 bedrooms · 2 bathrooms · 164 m²
PALMA BEACH APARTMENT
This 212 m² residence is accessed via a private staircase entry and arrives fully furnished, ready for immediate occupancy. The apartment occupies a single floo
2 bedrooms · 3 bathrooms
SANTA PONSA LIVING
Santa Ponsa Living delivers four contemporary apartments per floor across three buildings, all completed in 2024. This unit combines contemporary design with pr
4 bedrooms · 3 bathrooms · 155 m²
PORTALS NOUS
A two-bedroom, two-bathroom apartment set on the fourth floor of Apartamentos del Mar, a well-established residential community. The elevated position captures
2 bedrooms · 2 bathrooms · 90 m²
CATALINA ATELIER
Designed around a sense of openness and understated elegance, the home features clean architectural lines, generous proportions and an exquisitely curated mater
2 bedrooms · 2 bathrooms · 88 m² · 92 m²
CASA ARXIDUC
Clean architectural lines, generous proportions and an exquisitely curated palette of natural materials define the interiors. Original exposed timber beams and
2 bedrooms · 2 bathrooms · 73 m² · 92 m²
ILLETAS PENTHOUSE
Completely refurbished and arranged on a single main floor with a private roof terrace above, this penthouse is shaped around the sea. Floor-to-ceiling glass ru
4 bedrooms · 5 bathrooms · 292 m²
MONACO PENTHOUSE
Penthouse Left is one of three penthouses in Monaco Suites, a collection of just five residences by the Swiss developer RIVA, due for completion in the first qu
3 bedrooms · 4 bathrooms · 212 m²
Explore Mallorca's most coveted areas
Anyone looking to buy an apartment in Mallorca at the upper end chooses between two basic types: the city floor in Palma — a period piano nobile with high ceilings in the old town, or a new build with underground parking in the Ensanche — and the apartment in a coastal residence with communal pool, in Illetes, Bendinat or Puerto Portals, say. Each type has its own logic: the city apartment lives off its neighbourhood, the coastal apartment off the view and the community it sits in.
Typical asking prices for exclusive apartments: in Palma's old town and Santa Catalina, renovated properties start around €700,000 to €800,000, while good new builds and penthouses range between €1 and €3 million. On the southwest coast, high-quality apartments with sea views mostly move between €800,000 and €2.5 million. Exactly this spectrum makes up our curated portfolio from €800K — checked for condition, community costs and legal cleanliness.
For many buyers, the apartment is the smartest entry into the island market: lower running costs than a villa, lockable for months of absence, readily resaleable. What matters is honesty about use: anyone planning regular letting must know that holiday rental is not permitted in Palma's multi-family buildings — there, owner use and long-term letting remain the realistic scenarios.
Palma first. The old town between the Cathedral and Plaça Major holds stately floors with stucco and patios; Santa Catalina puts the market hall and restaurant scene on your doorstep; Portixol offers the sea promenade with fishing-quarter charm. For new-build quality with lift and parking, look to the belt around the Avenidas and the redesigned Paseo Marítimo. All the city locations share one advantage: they work in February exactly as they do in August.
On the coast, the apartment segment concentrates on the southwest: Illetes with its coves and well-kept residences above the water, Bendinat by the golf course, Puerto Portals with its marina scene, and further west Santa Ponsa, Paguera and the hillsides of Port d'Andratx. A rule of thumb for choosing: in the city you buy the neighbourhood, on the coast you buy the community — its build quality, reserves and management decide your enjoyment of the property more than any brochure. We check both before a property enters our selection.
What does an exclusive apartment in Mallorca cost?
Renovated apartments in Palma's sought-after quarters start at typical asking prices of around €700,000 to €800,000; new builds and penthouses range between €1 and €3 million. Coastal apartments with sea views in the southwest mostly sit between €800,000 and €2.5 million. A parking space, outdoor space and the sea view are the three strongest price factors.
Where does an apartment purchase in Mallorca pay off most?
For urban life: Palma's old town, Santa Catalina and Portixol — alive all year and stable in value. For sea views and a pool: Illetes, Bendinat and Puerto Portals near Palma, and further west Santa Ponsa, Paguera and Port d'Andratx. The best value for money is often found in San Agustín and Cala Mayor, between city and coast.
What do I check before buying an apartment in Mallorca?
Beyond the land registry and freedom from charges, above all the owners' community: reserves, approved special levies, minutes of the recent meetings. In period buildings, additionally the legality of alterations and the condition of the building's roof and installations. And the question of use: holiday letting is not permitted in Palma's multi-family buildings, and elsewhere only with an ETV licence.
How do foreign buyers purchase an apartment in Mallorca?
In four steps: NIE number and a Spanish bank account; an independent lawyer; the arras contract with a deposit of usually 10 per cent; then the notary appointment with the balance paid and handover. Foreign buyers face no restrictions. The timeframe is usually four to eight weeks, and you should firmly budget purchase costs of 10 to 13 per cent on the price.