6 Bedrooms Building in plaça del banc de l'oli

Lucas Fox offers you an exceptional property to renovate in a hidden corner of historic Palma, in the heart of the oldest and most authentic district of the city.
This unique property, nestled in a preserved pedestrian zone, embodies all the charm and memory of the old town. Located in the ACIRE district, car access is limited to residents, guaranteeing peace and quiet, far from the hustle and bustle of the city—a rarity for a city-center residence.

The building benefits from a private garage, an extremely rare asset in the Casco Antiguo. It offers a prestigious renovation project, with two perfectly viable possibilities:

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A 6 bedroom mansion with garage, terraces and open views.
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4 separate apartments, offering a strong sustainable rental yield in one of Palma's most sought-after areas.

Surrounded by colorful shutters, orange trees, and sun-kissed stones, this building tells an ancient story, in an atmosphere that seems discovered rather than drawn.
The property is located 15 minutes from the airport, via a palm-lined coastal road that runs alongside the marina and the majestic silhouette of La Seu – Palma Cathedral. No detours, no complex access, just a natural arrival in a neighborhood where time stands still.

The building offers a dual orientation, overlooking a peaceful square and a pedestrian alleyway, just a few steps from the market, the coast, and all major cultural addresses. Generous volumes, ceiling heights ranging from 1.75 m to over 3.25 m, and a sculpted stone façade with Art Nouveau glass and wood elements attest to its original prestige.

Today, it awaits a new chapter: a tailor-made renovation project that combines historical heritage and contemporary comfort, noble architecture and refined city life.

It is a residence with soul, discreet but imposing, with a sober elegance that captures the eye with the quality of its details.
This building does not seek to impress. It commands respect through its presence, its permanence, and the beauty of its location.

In a city center where supply is extremely limited, this property embodies the irreplaceable.
Its potential is multiple: prestigious main residence.
Whether you are a savvy investor or a buyer with a passion for historic buildings, this property is an acquisition of value, memory and vision.

Here, you are not just buying a building.
You are investing in a living heritage, with a unique location and a strong history – in the very heart of Palma.