Exclusive residence on the Paseo Marítimo with a terrace and 2 underground parking spaces

Located in the historic Edificio Mediterráneo, right on the waterfront along Palma’s promenade, this exceptional apartment features a large front terrace and stunning panoramic views of the marina and the Bay of Palma. The building opened in 1923 as the Hotel Mediterráneo and is one of the most famous structures along Palma’s waterfront. To this day, it retains features and spaces that evoke the elegance of the grand hotels of the first half of the 20th century. The apartment is located on the 6th floor in the upper, prestigious section of the building and is accessible via the monumental main entrance. It offers 182.49 m² of living space according to the property registry, as well as a covered front terrace of 37.97 m² facing east. According to the cadastre, the total built area is 251 m², including common areas. The spacious living and dining area opens directly onto the terrace and offers a magnificent view of the marina and the sea. The terrace extends across a large portion of the facade and offers space for several seating areas and an outdoor dining area. The apartment features three bedrooms, a separate study, two full bathrooms, a guest restroom, a separate kitchen, a pantry, a laundry room, and various storage options. The spacious master bedroom has direct access to the terrace and overlooks the marina. There are numerous built-in closets, and most rooms feature marble floors. The apartment has retained much of its original features and layout, offering great potential to create a contemporary residence while preserving the character, proportions, and elegance of a classic apartment. A ducted air conditioning system (cooling/heating) throughout the apartment was renovated in 2026. Hot water is provided individually. The apartment includes two large, adjacent garage spaces (approximately 16.60 m² and 15.40 m², valued at over 120,000 euros), which comfortably accommodate two large vehicles—a particularly valuable feature on the Paseo Marítimo. The building features two elevators, a doorman, and a video intercom system. The homeowners’ association has already approved the construction of a communal pool.