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Penthouses for Sale in Mallorca · Curated Selection from €800K

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

€1,789,000 Old Town

FRONTLINE PENTHOUSE IN SANTA PONSA

Set on the frontline of Santa Ponsa's southern bay, this fifth-floor penthouse has been taken back to the structure and fully renovated for completion in 2026,

2 bedrooms · 2 bathrooms · 80 m² · 213 m²

€1,695,000 Santa Ponsa

PENTHOUSE BOSSERIA

Set across the top two floors of a handsome historic building in Palma's Old Town, this three-bedroom duplex penthouse is a considered balance of period archite

3 bedrooms · 3 bathrooms · 243 m² · 318 m²

€3,450,000 Palma

PENTHOUSE ALTO

Set across two levels, this newly built penthouse is the top-floor residence of the Ínsula development in Santa Catalina. The main floor opens into a single, fl

3 bedrooms · 2 bathrooms · 266 m²

€2,599,000 Santa Catalina

Designer Penthouse in Son Armadams

Perched above the rooftops of Son Armadams, one of the most desirable residential neighbourhoods in Palma, this exceptional designer penthouse offers a rare opp

3 bedrooms · 4 bathrooms · 153 m²

€2,350,000 Son Armadans

PENTHOUSE PALMA ES FONERS

The terrace is the reason to buy this penthouse. It covers ninety square metres around the corner of the seventh floor, on the same level as the living room. It

3 bedrooms · 2 bathrooms · 100 m²

€895,000 Old Town

EL MOLINAR PENTHOUSE

  Located in the sought-after coastal neighbourhood of Molinar, just moments from the sea, this beautifully renovated penthouse combines the relaxed elegan

2 bedrooms · 1 bathrooms · 90 m²

€650,000 El Molinar

PENTHOUSE OLD TOWN

Set across the top two floors of a newly completed building, this duplex penthouse turns the usual layout upside down, placing the living spaces at the top wher

2 bedrooms · 3 bathrooms · 207 m²

€2,950,000 Old Town
Living on Top: Roof Terraces over City and Harbour

The penthouse is Mallorca's urban answer to the villa: the top floor, a large roof terrace, views over rooftops, marina or sea — at a fraction of the upkeep. A luxury penthouse in Mallorca usually means 150 to 300 m² of living space plus as much again in terrace, often with a private pool or hot tub on the roof. For buyers who spend weeks rather than months on the island, it is the most practical form of luxury: lock the door and go.

Typical asking prices: in Palma, high-quality penthouses start around €1 million; on the Paseo Marítimo and in the old town they range between €1.5 and €4 million depending on size and view. In Port d'Andratx and Illetes, panoramic penthouses with large terraces regularly command €2 to €5 million. Smaller top-floor apartments with terraces appear in our curated segment from €800K — in Santa Catalina or Portixol, for instance.

What matters with top floors only shows on close inspection. Is the terrace registered as private property, or merely as a right of exclusive use? Who maintains the roof's waterproofing — the owner or the community? Is there a lift to the floor, and a parking space? We check these points before any penthouse enters our portfolio, so that the viewing can be about the view, not the small print.

The Best Addresses for Penthouses

Palma carries the island's largest and most liquid penthouse market. On the Paseo Marítimo you look across the marina to the Cathedral — the classic setting for a representative roof-top home. In the old town, renovations of historic buildings yield occasional penthouses with terraces among the church towers; in Santa Catalina and Portixol the units are smaller, with harbour or sea views and the market or beach promenade a walk away. For new-build quality, look to the boutique projects around Sant Jaume and the Ensanche belt around the Avenidas.

Outside Palma, the segment concentrates on Illetes and Bendinat — residences with communal pools and sea views — and on Port d'Andratx, where penthouses on the slopes above the natural harbour offer the most spectacular terraces of all. Santa Ponsa and Camp de Mar also hold good top-floor apartments at more moderate prices. A practical tip: view the terrace on a windy day — exposed rooftop positions by the harbour are glorious in June and demanding in January.

What does a luxury penthouse in Mallorca cost?

In Palma, high-quality penthouses start at typical asking prices of around €1 million; on the Paseo Marítimo and in the old town, €1.5 to €4 million is the norm. In Port d'Andratx and Illetes, panoramic properties mostly sit between €2 and €5 million. Smaller top-floor apartments with terraces start in our curated segment at €800K.

Where are the island's best penthouses?

In Palma: the Paseo Marítimo for marina views, the old town for historic fabric, Santa Catalina and Portixol for neighbourhoods with walk-everywhere charm. Beyond the city: Illetes and Bendinat, with their sea-view residences, and Port d'Andratx, with terraces above the natural harbour. For the best ratio of price to view, San Agustín and Santa Ponsa repay a look.

What needs checking on a penthouse, legally and technically?

Whether the roof terrace is registered as private property or merely as a right of exclusive use, and who maintains the roof's waterproofing. Whether later additions — pergolas, pools, glazed areas — were licensed. Then the lift, the parking space, the community's reserves, and the condition of awnings and installations, which age faster on rooftops than anywhere else.

Are there particular points for foreign penthouse buyers?

The purchase itself is straightforward — an NIE number, a Spanish bank account and an independent lawyer are all it takes. Budget 10 to 13 per cent in purchase costs. Important for apartments in Palma: holiday letting is not permitted in the city's multi-family buildings; anyone planning to let needs an ETV licence elsewhere and should settle the question before buying.