Checking the original advert…

For sale Penthouse

Centre · Palma · Illes Balears

Avenidas penthouse with 74 m² terrace

€870,000

Three-bedroom penthouse in Palma’s Avenidas with a 74 m² private terrace, panoramic views and potential to divide into two independent apartments.

Reference 9387 · On Inmoblia since 8 August 2026 · Published by Atrio

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): 140 m²
Bedrooms: 3
Bathrooms: 2
Terrace: 74 m²
Floor: ático
Energy certificate: A

Fittings

Fittings and extras

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

Lift
Heating +3
Air conditioning +3
Terrace 74 m² +5
Top floor +3
Storage room

The advert also mentions:

Potential to divide into two independent apartments
Two original entrance doors
Independent fitted kitchen
Fireplace
Private terrace with unobstructed views
Communal rooftop terrace
Second private storage room
Panoramic views of Palma Bay, the sea and the cathedral
Optional garage space

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

Energy efficiency AA good rating: lower bills and stronger rental demand.

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

Housing transactions

MIVAU · deals per year

+3.2% interanual

Investment guide for Palma

Municipal demand

The structural depth of demand in the area.

24.9 yearsPurchase affordability

median 7.8 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

Average gross income

AEAT · annual tax return

+3.2% interanual

Registered population

INE · yearly population register

0.0% interanual

Net international migration

INE · immigration − emigration · yearly

−31.9% interanual

Recorded offences

Ministry of the Interior · cumulative

+90.7% interanual

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.

They let for… They sell for…

They let for…

Comparable rentals in Palma, including those already let.

They sell for…

Comparable sales in Palma, including those already sold.

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.