Building for Sale

CYRIL HEYNE REAL ESTATE presents: EXCLUSIVE 16TH CENTURY STADTPALAST IN PALMA'S HISTORIC CITY CENTRE PRIVILEGED LOCATION This majestic 16th century Gothic-Baroque Stadtpalast is located in one of the most emblematic and prestigious areas of the historical centre of Palma de Mallorca. Its unbeatable location, surrounded by the rich history and culture of the city, makes it a true jewel in the heart of Palma. HISTORIC CHARM AND ORIGINAL CHARACTER The palace maintains original elements that tell the story of its rich heritage, such as the impressive Mudejar coffered ceilings, old beams, doors, windows and arches that evoke past eras. It also has a typical Mallorcan courtyard, a cistern and its own well, reflecting the authenticity and tradition of the island's architecture. RENOVATION POTENTIAL Although the property is in need of complete renovation, significant improvements have already been made, such as the replacement of wooden beams on the main floor, a new roof and the renovation of the building's foundations. The ground floor, with a floor area of 168 m, offers ceilings up to 5 metres high, providing a feeling of spaciousness and grandeur. DEVELOPMENT OPTIONS This palace offers a unique opportunity to adapt to modern needs without losing its historic character. There is the possibility to divide the property into five independent flats, one of 168 m and four more of 72 m. FIND OUT MORE If you are thinking of selling or renting your property, it is important that you know its market value. Let one of our real estate specialists professionally assess the current value of your property free of charge and without obligation. Our network, which we have built up since 2005, allows us to connect sellers/landlords and interested parties in the best possible way. DISCLAIMER The information provided here has been published with the utmost care. However, CYRIL HEYNE REAL ESTATE cannot guarantee the accuracy of the information and therefore assumes no liability for the completeness, accuracy and timeliness of the information. Price changes and unannounced withdrawals cannot be eliminated. Taxes, notary and land registry fees are to be paid by the buyer. Our fees, as usual in Spain, are paid by the seller. All prices quoted exclude VAT and any other government taxes or duties.[IW]