Plaza de Toros · Palma · Illes Balears

Palma penthouse with 80 m² terraces

€695,000

Reformed 250 m² exterior penthouse with four bedrooms, two bathrooms and an independent 55 m² upper space. Includes two terraces, air conditioning and strong flexible-use potential.

Reference IBZAFORTEZAGB0526 · On Inmoblia since 29 August 2026 · Published by Talaiot Promociones Absi

The property

Specifications

What the advert says about the property: floor area, layout, condition and registry details.

Some advert data is uncertain

We show the source-reported value for context, but exclude it from calculations until the conflicting evidence is resolved.

Type
Penthouse
Built area (source, uncertain)
250 m²
Bedrooms
4
Bathrooms
2
Toilets
1
Terrace
80 m²
Floor
2
Condition
Good condition
Aspect
Exterior
Fittings

Fittings and extras

What the property comes with and how much each item weighs in the “Property data” sub-score.

  • Air conditioning +3
  • Exterior-facing +4
  • Terrace 80 m² +5
  • Balcony
  • Top floor +3

The advert also mentions:

  • Recently fully renovated
  • Independent upper apartment
  • Two fireplaces in use
  • Solar water heating panels
  • Fitted wardrobes
  • Equipped kitchen
  • Appliances included
  • Patio
  • Mains electricity
  • Mains water
  • Nearby parking rental may continue
  • Good public transport connections

Free text we could not normalise into a comparable attribute, so it does not score.

How these values score

The verdict

What the analysis sees

The specific signals the model finds in this property and its municipality, before going into the score in detail.

In favour

  • In good conditionNo renovation needed to put it on the rental market.

Against

No notable risks in the available data.

Municipal momentum

Where the local market is heading.

Rent price index

INE · 2011 base = 100 · yearly

+4.2% interanual
131.3 20112014201820212024 101.4 · 2011101.4 · 2011100 · 2012100 · 201298.6 · 201398.6 · 201399 · 201499 · 2014100 · 2015100 · 2015102.3 · 2016102.3 · 2016105.3 · 2017105.3 · 2017110.1 · 2018110.1 · 2018115.3 · 2019115.3 · 2019115.3 · 2020115.3 · 2020117.5 · 2021117.5 · 2021121.8 · 2022121.8 · 2022126 · 2023126 · 2023131.3 · 2024131.3 · 2024

Housing transactions

MIVAU · deals per year

+3.2% interanual
5,134 20112015201820222025 2,626 · 20112,626 · 20112,783 · 20122,783 · 20122,387 · 20132,387 · 20133,582 · 20143,582 · 20144,035 · 20154,035 · 20155,292 · 20165,292 · 20165,890 · 20175,890 · 20175,705 · 20185,705 · 20184,786 · 20194,786 · 20193,674 · 20203,674 · 20205,081 · 20215,081 · 20215,703 · 20225,703 · 20224,933 · 20234,933 · 20234,973 · 20244,973 · 20245,134 · 20255,134 · 2025

Investment guide for Palma

Municipal demand

The structural depth of demand in the area.

19.9 yearsPurchase affordability
median 8 years years of household income to pay for the home (€34,970/year)
+2.0%Rent trajectory
0 = flat average annual growth of the municipal rent index (INE)
4%Unemployment rate (approx.)
median 10% unemployed over unemployed + social security contributors (a proxy comparable across municipalities)
+13.5‰Net migration
median 11.9‰ arrivals minus departures from abroad per 1,000 residents · a growing population sustains demand

Registered unemployment

SEPE · yearly average

−5.6% interanual
11,967 20192021202320242026 24,180 · 201924,180 · 201930,074 · 202030,074 · 202027,778 · 202127,778 · 202118,117 · 202218,117 · 202214,711 · 202314,711 · 202313,535 · 202413,535 · 202412,680 · 202512,680 · 202511,967 · 202611,967 · 2026

Average gross income

AEAT · annual tax return

+3.2% interanual
€34,970 20132016201820212023 €26,452 · 2013€26,452 · 2013€26,841 · 2014€26,841 · 2014€27,994 · 2015€27,994 · 2015€28,973 · 2016€28,973 · 2016€30,343 · 2017€30,343 · 2017€31,869 · 2018€31,869 · 2018€31,826 · 2019€31,826 · 2019€29,097 · 2020€29,097 · 2020€31,615 · 2021€31,615 · 2021€33,871 · 2022€33,871 · 2022€34,970 · 2023€34,970 · 2023

Registered population

INE · yearly population register

0.0% interanual
434,786 20112014201720202025 405,318 · 2011405,318 · 2011405,318 · 2011405,318 · 2011405,318 · 2011405,318 · 2011405,318 · 2011405,318 · 2011407,648 · 2012407,648 · 2012407,648 · 2012407,648 · 2012407,648 · 2012407,648 · 2012407,648 · 2012407,648 · 2012398,162 · 2013398,162 · 2013398,162 · 2013398,162 · 2013398,162 · 2013398,162 · 2013398,162 · 2013398,162 · 2013399,093 · 2014399,093 · 2014399,093 · 2014399,093 · 2014399,093 · 2014399,093 · 2014399,093 · 2014399,093 · 2014400,578 · 2015400,578 · 2015400,578 · 2015400,578 · 2015400,578 · 2015400,578 · 2015400,578 · 2015400,578 · 2015402,949 · 2016402,949 · 2016402,949 · 2016402,949 · 2016402,949 · 2016402,949 · 2016402,949 · 2016402,949 · 2016406,492 · 2017406,492 · 2017406,492 · 2017406,492 · 2017406,492 · 2017406,492 · 2017406,492 · 2017406,492 · 2017409,661 · 2018409,661 · 2018409,661 · 2018409,661 · 2018409,661 · 2018409,661 · 2018409,661 · 2018409,661 · 2018416,065 · 2019416,065 · 2019416,065 · 2019416,065 · 2019416,065 · 2019416,065 · 2019416,065 · 2019416,065 · 2019422,587 · 2020422,587 · 2020422,587 · 2020422,587 · 2020422,587 · 2020422,587 · 2020422,587 · 2020422,587 · 2020419,366 · 2021419,366 · 2021419,366 · 2021419,366 · 2021419,366 · 2021419,366 · 2021419,366 · 2021419,366 · 2021415,940 · 2022415,940 · 2022415,940 · 2022415,940 · 2022423,350 · 2023423,350 · 2023423,350 · 2023423,350 · 2023431,521 · 2024431,521 · 2024431,521 · 2024431,521 · 2024434,786 · 2025434,786 · 2025434,786 · 2025434,786 · 2025

Net international migration

INE · immigration − emigration · yearly

−31.9% interanual
5,867 2021202220232024 -286 · 2021-286 · 20219,060 · 20229,060 · 20228,616 · 20238,616 · 20235,867 · 20245,867 · 2024

Recorded offences

Ministry of the Interior · cumulative

+90.7% interanual
81,629 202420252026 7,648 · 20247,648 · 202417,002 · 202417,002 · 202427,496 · 202427,496 · 202435,540 · 202435,540 · 202442,800 · 202542,800 · 202552,410 · 202552,410 · 202564,643 · 202564,643 · 202573,541 · 202573,541 · 202581,629 · 202681,629 · 2026

Recorded offences (municipalities over 20,000 residents only, from 2024) are territorial context: they do not label an area “safe” or “unsafe”, nor do they measure tenant risk.

Comparables

Similar properties nearby

Real references of the same municipality and type, to cross-check rent and price. They are not necessarily active offers.

This is a shortlisting pass over the advert's data, not a due diligence report. Before deciding, check the points we cannot verify from here:

  • Possession: that it is vacant, with no squatters and no tenants on a live contract.
  • If it is let, the current rent, the type of contract and its expiry date.
  • The real state of repair and services (possible hidden renovation work) and a valid energy certificate.
  • The real service charge and, above all, whether any special levies are approved or pending: they appear in the minutes of the last owners' meetings.
  • The property's actual IBI: our figure is an estimate from the municipality's cadastral values, not the specific bill.
  • Charges, mortgages, seizures or easements in the Land Registry extract.