Palma, Mallorca, Spain — 1-Bed City Apartment With Two Balconies, Pool & Spa
I'm interestedAbout This Property
In the heart of Palma de Mallorca, this modern city apartment sits in Pere Garau, one of the city's most authentic and vibrant neighbourhoods — where local Mallorcan character meets easy access to the historic centre, the beach and the waterfront. Restaurants, cafés and the lively Pere Garau market are all on your doorstep, and Passeig del Born is a 15-minute stroll away.
Large windows fill the 1-bedroom, 2-bathroom apartment with natural light. The living area opens onto two covered balconies: one overlooking the landscaped inner courtyard and shared pool, the other facing west to catch the afternoon and evening sun.
Features & Amenities
- Modern city apartment
- In the heart of Palma (Pere Garau)
- Two covered balconies
- Shared courtyard pool
- Shared fitness and wellness area with spa and hammam
- Waterfront promenade and marina minutes away by e-bike
- Platja de Can Pere Antoni beach nearby
- Passeig del Born within 15 minutes' walk
- Several golf courses within 20 minutes by car
- Restaurants, cafés and market within walking distance
How Co-Ownership Works
- You own 1/8 of the homeReal ownership of the home — not a timeshare, not points.
- 44 nights a year, minimumStays are scheduled fairly between the co-owners across the whole year.
- Costs are sharedYou pay 1/8th of the home's total running costs, shared between all owners.
- Fully managedMaintenance, cleaning and scheduling are handled for you — just arrive and enjoy.
- You set the resale priceThe share then goes on the open market.
- Transfer to your loved onesPass your share on to your children or loved ones, so your family can enjoy the home for generations.
What a night here really costs
Owning a piece of this home, renting something similar, or buying a whole home like it: the cost per night you'd stay, side by side.
Prefilled with this home: €124k for a 1/8 share of a €992k home.
Assumptions
Example figures: change them to your own. This home's real running costs are a button away below.
What each night really costs you over 10 years. Money paid in rent is gone. With a share you own a piece of the home, and when you sell, its value comes back to you.
Rent every year
€330
per night you stay
- Real cost over 10 years
- €145,200
- Money tied up
- None
- Back when you sell
- Nothing
- Nights a year
- 44
Co-own a 1/8 share
€198
per night you stay
- Real cost over 10 years
- €86,977
- Money tied up
- €133,920
- Back when you sell
- €117,800
- Nights a year
- about 44
Buy the whole home
€1,581
per night you stay
- Real cost over 10 years
- €695,818
- Money tied up
- €1,071,360
- Back when you sell
- €942,400
- Nights a year
- 44 of 365
At 44 nights a year, owning a share works out at €198 a night: €132 a night less than renting and €1,384 less than owning the whole home for the same stays.
Per night = what you pay in (price, taxes, running costs, and what the money could have earned) minus what you get back when you sell, divided by the nights you stay. It assumes the home is worth the same when you sell; a share can appreciate in value, so change that under Assumptions if you like.
What each night really costs you over 10 years. Money paid in rent is gone. With a share you own a piece of the home, and when you sell, its value comes back to you.
Want the real numbers for this home?
We'll send its yearly running costs with the full photos and floor plans.
Enquire About This Property
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