Located on Carrer des Paraires, one of the oldest commercial streets in Palma's historic Old Town, this exceptional residence combines modern luxury with centuries of history. The street takes its name from the medieval Catalan word paraires—the skilled cloth finishers and drapers who cleaned, dyed and prepared wool for sale. During the Late Middle Ages, this area formed the heart of Palma's thriving textile quarter, where guild craftsmen lived and worked.Perfectly positioned in the centre of Palma, the apartment is within easy walking distance of the seafront, the city's renowned cultural landmarks, boutique shopping, cafés, restaurants and vibrant squares. Excellent public transport and everyday amenities are all close at hand, offering the very best of Mediterranean city living.Created by combining two apartments into one expansive home, the property has been comprehensively renovated to a high standard, blending elegant contemporary design with generous living spaces. A welcoming entrance hall leads to an impressive reception and living room featuring floor-to-ceiling windows and a striking wall-to-wall custom library with an integrated fireplace, creating a sophisticated focal point. The living area flows seamlessly into a separate TV and media room.The fully fitted kitchen includes a spacious dining area, ideal for both everyday living and entertaining. The apartment offers four generously sized bedrooms, three en-suite bathrooms, a guest cloakroom, and a separate laundry room.High-quality finishes include natural hardwood flooring, radiator central heating, air conditioning, and completely renewed insulation throughout, ensuring year-round comfort and energy efficiency.The apartment comes complete with a private garage parking space including an electric charger just minutes from the building.This is a rare opportunity to own a beautifully renovated luxury apartment in Palma's historic centre, combining timeless character, generous proportions and an exceptional location just moments from the sea and the city's finest attractions.One of the best-preserved old towns in Spain, featuring the most amazing Gothic architecture in the Mediterranean, surrounded by hundreds of narrow streets, excellent shopping, great restaurants, art galleries, museums, and amazing ancient passages leading to important historical monuments, landmark buildings, and the jewel of the crown: Catedral Santa Maria, La Seu. It is very popular and offers very trendy places to visit, like Passeig del Born, Avenida de Jaume III, Passeig de la Rambla, La Llonja, and some of the most visited “Plazas”, such as Plaza Santa Eulalia, Plaza Cort, Plaza Mercat, and Plaza Mayor, among others. Casco Antiguo is one of the most desirable districts for property investment. Many of them have been renovated over the past few years and turned into luxury apartments with all the modern amenities.

ApartmentPalma (Spain)
Price :
$1,697,600
($12,126 / m²)
Surface140 m²bedrooms4

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