Son Armadans · Palma · Illes Balears

Bare-ownership duplex penthouse in Palma

€1,016,880 4,202 €/m²

242 m² duplex penthouse in Son Armadams with four bedrooms, four bathrooms, four terraces, sea and cathedral views, garage and direct lift access. The owner retains lifetime use and enjoyment.

On Inmoblia since 29 August 2026 · Published by Mas Vida

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
Duplex
Built area
242 m²
Bathrooms
4
Floors in the property
2
Floor
ático
Year built
1975
Occupancy
Not stated
Transaction type
Bare ownership
Tenure
Tenure unconfirmed
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 +3
  • Sea views +6
  • Top floor +3
  • Parking 1 space +5
  • Storage room

How these values score

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.

+2.0%Rent trajectory
0 = flat average annual growth of the municipal rent index (INE)

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
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.