Apartments for Sale in Mallorca · Luxury & Exclusive from €800K
PENTHOUSE CAN SANTACILIA
This carefully restored palace residence occupies the principal floor of Can Santacília, a 16th-century building with over four centuries of architectural herit
3 bedrooms · 2 bathrooms · 186 m² · 233 m²
BONANOVA DUPLEX
A complete renovation carried out to a considered standard, this duplex apartment on Carrer Escultor Rosselló occupies the upper floors of a well-maintained res
3 bedrooms · 3 bathrooms · 131 m²
PENTHOUSE IN PALMA OLD TOWN
Set on a quiet street in the La Llotja quarter of Palma's Old Town, this duplex penthouse occupies the upper levels of a building dating to the early eighteenth
2 bedrooms · 2 bathrooms · 145 m² · 226 m²
APARTMENT IN PASEO MARITIMO
Completed in 2023, this two-bedroom apartment occupies a first-line position within a purpose-built residential complex of fifteen units on Palma's Paseo Maríti
2 bedrooms · 2 bathrooms · 117 m²
PENTHOUSE PASEO MARITIMO
Set on the Paseo Marítimo in one of Palma's most tightly held residential buildings, this duplex penthouse spans 212 m² of interior living space across two leve
4 bedrooms · 4 bathrooms · 212 m² · 1 m²
LOFT APARTMENT IN SANTA CATALINA
Built in the early 20th century as a neighbourhood cinema, this building stood empty for decades before being stripped back and reimagined as a residence of rar
3 bedrooms · 3 bathrooms · 323 m²
PENTHOUSE SANTA CATALINA
Set on the top floor of a well-maintained building in Santa Catalina, this two-bedroom penthouse was fully refurbished and combines contemporary finishes with a
2 bedrooms · 1 bathrooms · 60 m²
PENTHOUSE SANTA CATALINA
A duplex penthouse set across the top two floors of a renovated building, arranged as an open-plan living, dining and kitchen space on the main level and a seco
3 bedrooms · 4 bathrooms · 184 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.