Discover an unusual opportunity in the heart of Palma's Old Town. Properties of this type, in a historic building and on one of the city's most emblematic streets, come to market only rarely. Located in a 1900 building with just five residents, this bright apartment of almost 50 m² built preserves the character of traditional Majorcan architecture and offers the unique charm of living among historic streets, lively squares, stately buildings, restaurants, galleries and all services within steps. The property is sold for €280,000 in its current state, but includes a comprehensive renovation project, which can be delivered fully renovated for €340,000, as shown in the indicative project images. The design features an elegant open space, one bedroom, a modern bathroom and high-quality finishes that respect the character of the building. Owners enjoy a pleasant communal terrace on the rooftop, from where you can contemplate the rooftops of the historic quarter and the sea, a perfect spot to relax at the end of the day. An ideal property both for those seeking a unique home in central Palma and for investors looking for an exclusive property in one of the city's areas with highest demand and lowest supply. Main features: 46 m² built (45 m² usable) 1 bedroom 1 bathroom Renovation project available Renovated price: €340,000 Communal terrace with sea views and Old Town views Historic 1900 building Only 5 residents 3rd floor exterior Storage room East facing No elevator