Exclusive renovation project of a historic mansion with holiday rental licence

This exceptional, listed historic townhouse is nestled in a quiet street in Palma’s historic Calatrava district, just a few minutes’ walk from La Seu Cathedral and the Royal Palace of La Almudaina. With a construction history spanning six centuries, it is a rare architectural gem whose historic fabric dates to the 14th century.

Offering approximately 395 m² of living area across four levels and a rooftop terrace, the palace combines medieval character with contemporary living comfort. Historic masonry, protected timber structures, intricately crafted coffered ceilings, original polychrome decoration and eight-pointed star motifs will be preserved. The patio forms the heart of the property, allowing natural light to filter into the interior spaces while creating a secluded Mediterranean atmosphere.

With planning permission already granted, the building will undergo a complete structural and interior renovation by a specialist construction company and will be delivered fully finished and ready to move into. Modern building services, air conditioning and security systems will be discreetly integrated, ensuring the standards expected of a contemporary residence. Depending on individual requirements, the property can accommodate up to five bedrooms, each with an en-suite bathroom. The layout can be adapted by mutual agreement. A specialist interior design team can be engaged to oversee a bespoke design concept, tailored to individual preferences. The result will be a harmonious living environment in which historic architecture blends seamlessly with contemporary design.

Calatrava is one of Palma’s most sought-after yet peaceful neighbourhoods. Carefully restored town palaces, select restaurants, boutique hotels and art galleries enrich the area while preserving its original character. Properties of this size are exceptionally rare in such a location. An existing holiday rental licence, no longer available for new applications, further enhances the exceptional appeal of this property.

Ground floor: entrance hall, guest studio on 2 levels with bedroom and bathroom, engine room, courtyard, wine cellar, garage

Mezzanine: 1 bedroom with bathroom, SPA area with gym, sauna and heated pool

1st floor: living/dining room, open-plan kitchen, study/guest room, guest toilet, terrace

2nd floor: master bedroom with bathroom, dressing room and balcony, 1 bedroom with bathroom

Roof terrace with lounge area