Sindicat

Palma | Balearic Islands

The Refinement of

Penthouse Design

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RE/MAX Immocorner

Presented At

€4,900,000

Bedrooms

Bathrooms

Living

2,562

SQM

Sindicat, Palma de Mallorca, BALEARES, Palma de Mallorca, Palma, Balearic Islands, Spain. - Photo 1

Sindicat, Palma de Mallorca, BALEARES, Palma de Mallorca, Palma, Balearic Islands, Spain. - Photo 2

Sindicat, Palma de Mallorca, BALEARES, Palma de Mallorca, Palma, Balearic Islands, Spain. - Photo 3

Sindicat, Palma de Mallorca, BALEARES, Palma de Mallorca, Palma, Balearic Islands, Spain. - Photo 4

Sindicat, Palma de Mallorca, BALEARES, Palma de Mallorca, Palma, Balearic Islands, Spain. - Photo 5

Sindicat, Palma de Mallorca, BALEARES, Palma de Mallorca, Palma, Balearic Islands, Spain. - Photo 6

Sindicat, Palma de Mallorca, BALEARES, Palma de Mallorca, Palma, Balearic Islands, Spain. - Photo 7

Sindicat, Palma de Mallorca, BALEARES, Palma de Mallorca, Palma, Balearic Islands, Spain. - Photo 8

Sindicat, Palma de Mallorca, BALEARES, Palma de Mallorca, Palma, Balearic Islands, Spain. - Photo 9

Sindicat, Palma de Mallorca, BALEARES, Palma de Mallorca, Palma, Balearic Islands, Spain. - Photo 10

Sindicat, Palma de Mallorca, BALEARES, Palma de Mallorca, Palma, Balearic Islands, Spain. - Photo 11

Sindicat, Palma de Mallorca, BALEARES, Palma de Mallorca, Palma, Balearic Islands, Spain. - Photo 12

Sindicat, Palma de Mallorca, BALEARES, Palma de Mallorca, Palma, Balearic Islands, Spain. - Photo 13

Sindicat, Palma de Mallorca, BALEARES, Palma de Mallorca, Palma, Balearic Islands, Spain. - Photo 14

Sindicat, Palma de Mallorca, BALEARES, Palma de Mallorca, Palma, Balearic Islands, Spain. - Photo 15

Sindicat

Palma | Balearic Islands

Sindicat, Palma de Mallorca, BALEARES, Palma de Mallorca, Palma, Balearic Islands, Spain. , Palma , Balearic Islands

New Luxurious Duplex Penthouses Built In A Historic Building In The Old Town Of Palma

New luxurious duplex penthouses built in a historic building in the old town of Palma, with its own terrace and pool. There are two units available, one of them with 3 bathrooms and no pool. The construction was carried out with extreme attention to detail and using top quality materials and preserving original architectural and decorative elements such as the façade, Majorcan ceramics, wooden beams, moldings on the ceilings. The main features of the first floor include: spacious and bright living room with two balconies overlooking the street, two bedrooms with ensuite bathrooms with marble and walnut wood finishes. On the second floor there is a kitchen finished in walnut wood with a marble island and integrated sink, equipped with Bora and Gaggenau appliances, and the third bedroom with its ensuite bathroom. On the roof is the terrace of more than 70 m2 with its pool and offering splendid views of the city and its iconic buildings. The building is equipped with a lift. .

Property

3D Street View Tour

Property Location

Sindicat, Palma de Mallorca, BALEARES, Palma de Mallorca, Palma, Balearic Islands, Spain., Palma Balearic Islands

Local Weather & Climate

Palma, Balearic Islands

Current Conditions Updated recently

45 °F

Broken clouds

Feels Like 44°F

Humidity 88%

Wind 4 mph

Visibility 6.2 mi

Sunrise 6:01 AM

Sunset 5:55 PM

5-Day Forecast

Sun 15 Mar

Clouds

High 58°

Low 44°

Mon 16 Mar

Clear

High 60°

Low 46°

Tue 17 Mar

Clear

High 62°

Low 48°

Wed 18 Mar

Clear

High 63°

Low 49°

Thu 19 Mar

Clear

High 62°

Low 50°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Palma?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

€

Down Payment

€100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for Spain. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on Spain tax year 2025 (fiscal year: January-December) through 2012. Tax laws change frequently and may have been amended since this data was compiled.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

$490,000,000

Sindicat, Palma de Mallorca, BALEARES, Palma de Mallorca, Palma, Balearic Islands, Spain.

Palma, Balearic Islands

3 Beds

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Market Opinion

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Our perspective on current market conditions in Palma. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis

International luxury real estate typically appreciates steadily over time.

Buyer Score

Estimated regional appreciation: 4% annually

Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $490,000,000 20% down ($98,000,000)

Investment Perspective

$1 → $1.36

Every dollar invested today could become $1.36 in 10 years

$100 → 136 $1,000 → $1,362

$42,106/day

Your home may appreciate while you sleep

$295,549/week $1,280,712/mo $15,368,539/yr

$100K Investment Comparison (10 Years)

Real Estate (Leveraged)

$281K

S&P 500 Index

$259K

High-Yield Savings

$155K

Real estate leverage: potential 8% advantage over stocks

-$269.6M

+$387.6M

$387.6M Potential Equity

vs $269.6M lost to rent over 10 years

$98.0M Down Payment Growth

10yr

$387.6M

8.1x

20yr

$796.4M

12.6x

30yr

$1,237.5M

Wealth Comparison

×2,947

Equivalent to 2,947 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $1,237.5M

Time to Double Your Investment (accounting for market cycles)

42.4

years

Conservative

1.65% effective/yr

22.4

years

Market-Based

3.14% effective/yr

13.9

years

Optimistic

5.12% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $577.1M +18%

Market $667.3M +36%

Optimistic $807.3M +65%

$387.6M est. equity

20 Years

Conservative $679.6M +39%

Market $908.7M +85%

Optimistic $1,330.1M +171%

$796.4M est. equity

30 Years

Conservative $800.3M +63%

Market $1,237.5M +153%

Optimistic $2,191.5M +347%

$1,237.5M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does Sindicat, Palma de Mallorca, BALEARES, Palma de Mallorca, Palma, Balearic Islands, Spain have?

This apartment at Sindicat, Palma de Mallorca, BALEARES, Palma de Mallorca, Palma, Balearic Islands, Spain features 3 bedrooms with 2,562 square feet of living space.

What is the size of Sindicat, Palma de Mallorca, BALEARES, Palma de Mallorca, Palma, Balearic Islands, Spain?

This property offers 2,562 square feet of living space.

What is the listing price for Sindicat, Palma de Mallorca, BALEARES, Palma de Mallorca, Palma, Balearic Islands, Spain?

This property is listed at $490,000,000, which equals $191257 per square foot.

Is now a good time to buy a home in Palma?

Based on current market indicators, Palma shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.

What type of property is Sindicat, Palma de Mallorca, BALEARES, Palma de Mallorca, Palma, Balearic Islands, Spain?

This is a apartment located in Palma, Balearic Islands. The property is situated in an established neighborhood with convenient access to local amenities and services.

Brokerage: