Penthouses for Sale in Mallorca · Curated Selection from €800K
PENTHOUSE MIRADOR
Penthouse Mirador sits at the top of a newly completed building of only seven residences, finished in 2024. The architecture is direct and well considered: broa
3 bedrooms · 3 bathrooms · 156 m²
PENTHOUSE MIRADOR II
Penthouse Mirador II occupies the top of a newly completed building of only seven residences, finished in 2024. Broad glass façades and gabion walls of local st
3 bedrooms · 3 bathrooms · 223 m²
PENTHOUSE IN THE HEART OF SANTA CATALINA
Welcome to a unique opportunity to acquire a stylish and characterful home on one of Santa Catalina's most sought-after streets. Located on the second floor of
2 bedrooms · 1 bathrooms · 71 m²
Explore Mallorca's most coveted areas
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.
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.