How to buy an apartment in Palma: A complete guide
When you buy an apartment in Palma, you gain access to all the splendors of Mallorca right at your doorstep. Sign up Homes in Mallorca for free if you’re considering purchasing a home in this vibrant city.
Palma, known for its diverse local neighborhoods, offers year-round charm with its food markets, bustling port, stunning beaches, lush parks, and authentic architecture. Additionally, Palma boasts the island’s largest selection of shops, tapas bars, and Michelin-starred restaurants, complemented by convenient public transport options for exploring the rest of the island.
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Please take a moment to watch the brief presentation in the video below:
Where to buy an apartment in Palma?
Choosing to buy an apartment in Palma involves selecting the right neighborhood. Whether you prefer the historic charm of Casco Antiguo (Old Town) or a spot just outside, Palma offers a variety of locales. Consider proximity to cozy squares, the ancient city wall, or the beautiful city beach.
The apartment itself is a critical consideration. Do you prefer a modern building or a historic structure? Which floor suits you best, and do you need an elevator in the building? What about outdoor space like a balcony or terrace? These are just a few of the factors to weigh before you buy an apartment in Palma.
Many choose to buy an apartment in Palma to enjoy the city’s unique charm and cultural richness. Palma is ideal for weekend getaways, with frequent airport bus services and quick taxi rides. During the summer, many residents explore the island via public transport or by renting a car for short trips.
Here are countless small tapas bars, Palma’s large food market, the harbor and the city beach in Palma within walking distance and then you will find the best shopping in Mallorca right here in Palma.
Exploring Palma’s neighborhoods
Casco Antiguo
Casco Antiguo in Palma is a favorite among both locals and expatriates. This area is filled with quaint tapas bars, Palma’s bustling food market, and the picturesque harbor, all within walking distance to the city beach. The old town also boasts countless shopping streets, featuring both well-known brands and charming family shops. Every corner offers a place to enjoy your morning coffee, a leisurely lunch, or a delightful dinner.
Get to know Palma’s delicious coffee bars or Palmas hotels.Â
Getting to Casco Antiguo from the airport is straightforward, with convenient bus services to Plaza España, the hub for buses, metro, and trains to all parts of the island. Here, you’ll find Palma’s iconic sandstone churches and top attractions within easy walking distance. Owning an apartment in Casco Antiguo means immersing yourself in the city’s historic essence.
Read about sightseeing in Palma here our page.
The fashionable Casco Antiguo
Even within Casco Antiguo, distinct neighborhoods exist. Areas around Borne, Jaime III, La Calatrava og La Rambla are known for their grand palatial buildings. These residences, with their authentic Spanish architecture, feature wooden beams, bay windows, and balconies, each exuding unique charm.
Sindicato
The Sindicato area, once a lively spot for sailors, has undergone significant urban renewal. Today, it’s a modernized neighborhood where many locals live and socialize in its squares, shops, and tapas bars.
La Lonja
The old stock exchange La Lonja is famous for its historic stock exchange building and vibrant atmosphere, especially during high season. The area is packed with dining options, art galleries, fashion boutiques, and winding streets. It’s also conveniently close to the harbor, Es Baluard modern art museum, and Santa Catalina.
More about Buy an apartment in Palma after the Video section
Video of Portixol in Palma
Santa Catalina
Santa Catalina, technically just outside Casco Antiguo, is rich in history with its low, old fishermen’s houses. This neighborhood attracts many expatriates, particularly Swedes, who have purchased townhouses and apartments here. Santa Catalina is home to Palma’s oldest food market and numerous cocktail bars and shops. The nearby Castel Bellver forest offers hiking and jogging paths, and the harbor promenade is perfect for leisurely strolls.
Buy an Apartment in Palma outside the Old Town
Beyond the old town, El Terrano is a neighborhood undergoing modernization, offering large housing complexes and green spaces around Castell Bellver. On the other end of Palma, multicultural Pere Garau is emerging as a trendy neighborhood with its own bustling food market and local charm. Adjacent to Pere Garau is  Foners, featuring small green areas and easy access to the city beach and seafront activities.
Areas behind Plaza España also offer solid and safe neighborhoods. However, neighborhoods like Son Gotleu and Corea are currently less recommended.
Portixol and Coll d’en Rebassa
Along the coast between Palma’s old town and the airport, neighborhoods like Portixol and El Molinar and El Coll d’en Rabassa offer charming, modernized fishermen’s houses and a vibrant harbor promenade. These areas have fewer hotels but plenty of excellent dining options, with Palma’s old town just a short walk or bus ride away.
Son Vida
Behind Castell Bellver lies Son Vida, Palma’s most exclusive neighborhood. Known for its designer villas on steep hills, Son Vida features modern architecture and an air of exclusivity. Most villas here come with carports, pools, and terraces, ideal for hosting barbecue evenings. The area boasts its own golf course and stunning views of the Bay of Palma. Often referred to as “Mallorca’s Beverly Hills,” Son Vida offers luxury living at its finest.
Join our Facebook group Homes in Mallorca for visitors to Mallorca. Whether you already own a property in Mallorca or are determined to buy an apartment in Palma, our group is a great resource for connecting with other enthusiasts.
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