Checking the original advert…
Centre · Palma · Illes Balears
Historic Palma palace with rented units
- Tenanted
Emblematic 621 m² palace in central Palma, built on a 186 m² plot and recently renovated. Three floors include two apartments, commercial premises currently rented, terraces, balconies and cathedral, sea and mountain views.
Reference 22153716 · On Inmoblia since 7 September 2026 · Published by Possessions Mallorca
Specifications
What the advert says about the property: floor area, layout, condition and registry details.
We show the source-reported value for context, but exclude it from calculations until the conflicting evidence is resolved.
- Type
- Building
- Built area
- 621 m²
- Usable area
- 512 m²
- Plot
- 186 m²
- Floors in the property
- 3
- Year built
- 1900
- Condition
- Good condition
- Occupancy
- Tenanted
Fittings and extras
What the property comes with and how much each item weighs in the “Property data” sub-score.
- Heating
- Air conditioning
- Terrace
- Balcony
- Sea views
- Parking 1 space
The advert also mentions:
- Emblematic historic palace
- Near the cathedral
- Listed in the 1576 cadastre
- Noble materials
- Stone and terracotta flooring
- Mallorcan wooden beams
- Interior patio with stairs
- Library
- Fireplace
- Central gas heating
- Central gasoil heating
- Mountain views
Free text we could not normalise into a comparable attribute, so it does not score.
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
Housing transactions
MIVAU · deals per year
These series describe the municipality's housing market; for this asset they are context for the area, not for its own segment.
Municipal demand
The structural depth of demand in the area.
Registered unemployment
SEPE · yearly average
Average gross income
AEAT · annual tax return
Registered population
INE · yearly population register
Net international migration
INE · immigration − emigration · yearly
Recorded offences
Ministry of the Interior · cumulative
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.
Similar properties nearby
Real references of the same municipality and type, to cross-check rent and price. They are not necessarily active offers.
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:
- 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.