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BARNES Mallorca
BARNES Mallorca
Presented At
€3,462,315
Bedrooms
5
Bathrooms
3
Living
2,153
SQM
Stone Countertops
Bar
Kitchen island
Terrace
Garage
Outdoor Living Space
Parking
Balcony
Pool
Water View
Modern
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Palma, Balearic Islands, Spain. , Palma , Balearic Islands

Modern Five-Bedroom Home with Rooftop Pool in El Terreno

This outstanding five-bedroom, three-bathroom home occupies the top floor of a prestigious building in Palma de Mallorca’s El Terreno neighborhood, offering 332 m² of constructed space, including approximately 200 m² of functional interior living. Set on a 290 m² plot, the property combines generous proportions with high-standard finishes, creating a residence that is both sophisticated and practical. The open-plan living and dining area flows effortlessly into a contemporary kitchen, designed with high-end materials and smart layouts that make entertaining effortless. Natural light fills the home through large windows, enhancing the sense of space while framing unobstructed views of the city, Palma harbor, and surrounding landscapes. The property’s five bedrooms provide flexibility for family life or guest accommodation, with three well-appointed bathrooms ensuring comfort and convenience. Air-conditioning throughout the home maintains a pleasant climate year-round. One of the home’s standout features is the rooftop terrace, where a private pool invites relaxation while overlooking panoramic vistas of Palma and the Mediterranean beyond. A more intimate terrace and additional outdoor spaces allow for versatile living, from morning coffee to evening gatherings. Practical elements include a private garage, dedicated storage, and thoughtful design touches that balance elegance with everyday functionality. El Terreno is a sought-after district due to its proximity to cultural landmarks, vibrant dining, and green spaces. Residents enjoy easy access to Paseo Marítimo, the iconic harbor promenade, as well as nearby schools and parks, including Parc de la Mar and the Marivent Gardens. Public transport options are abundant, with several bus lines connecting the area to central Palma, while major roads ensure convenient links to the airport and surrounding neighborhoods. This high-standard home in El Terreno offers an ideal combination of contemporary comfort, urban convenience, and spectacular views, making it a distinctive choice for those seeking a stylish city residence with private outdoor living.

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3D Street View Tour

Map showing Palma, Balearic Islands, Spain.

Property Location

Palma, Balearic Islands, Spain., Palma Balearic Islands

Local Weather & Climate

Palma, Balearic Islands

Current Conditions Updated recently
61 °F
Few clouds
Feels Like 59°F
Humidity 54%
Wind 15 mph
Visibility 6.2 mi
Sunrise 6:51 AM
Sunset 5:15 PM
5-Day Forecast
Sat 7 Feb
Clouds
High 61°
Low 53°
Sun 8 Feb
Rain
High 55°
Low 51°
Mon 9 Feb
Clouds
High 55°
Low 48°
Tue 10 Feb
Clouds
High 63°
Low 51°
Wed 11 Feb
Clouds
High 63°
Low 58°
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

€
%
€100,000
%
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.

Market Opinion

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.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $346,231,500 20% down ($69,246,300)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$29,752
$29,752/day
Your home may appreciate while you sleep
$208,833/week $904,944/mo $10,859,331/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
RENT 💸 -$190.5M
vs
OWN 📈 +$273.9M
$273.9M Potential Equity
vs $190.5M lost to rent over 10 years
$69.2M Down Payment Growth
4x
10yr
$273.9M
8.1x
20yr
$562.7M
12.6x
30yr
$874.4M
Wealth Comparison
×2,082
Equivalent to 2,082 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $874.4M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
13.9
years
Optimistic
5.12% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $407.7M +18%
Market $471.5M +36%
Optimistic $570.4M +65%
$273.9M est. equity
20 Years
Conservative $480.2M +39%
Market $642.1M +85%
Optimistic $939.9M +171%
$562.7M est. equity
30 Years
Conservative $565.5M +63%
Market $874.4M +153%
Optimistic $1,548.5M +347%
$874.4M est. equity

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

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

Frequently Asked Questions

Common questions about this property

This house at Palma, Balearic Islands, Spain features 5 bedrooms and 3 bathrooms with 2,153 square feet of living space.
This property offers 2,153 square feet of living space.
This property is listed at $346,231,500, which equals $160814 per square foot.
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.
This is a house located in Palma, Balearic Islands. The property is situated in an established neighborhood with convenient access to local amenities and services.
BARNES Mallorca

BARNES Mallorca

BARNES Mallorca

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