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Premium Restaurant In The Historic Heart Of Palma For Sale

Palma, Mallorca, Spain
Asking Price:
€1,300,000
Turnover:
€1M - €5M
Net Profit:
€500K - €2.5M

Iconic location between Plaça de Cort and Plaça Major

Exceptional opportunity in Palma’s most touristic area
A unique commercial space located in one of Palma de Mallorca’s most prestigious and heavily visited pedestrian zones, positioned between two of the city’s most symbolic landmarks: Plaça de Cort and Plaça Major.
This high-exposure location benefits from continuous national and international tourist traffic, making it ideal for a flagship fine dining restaurant, signature hospitality concept, or premium retail operation seeking maximum visibility and profitability.

*Images are for illustrative purposes only and do not represent the actual property.*

Strategic location features
Located in a historic pedestrian street with exceptional daily footfall

Surrounded by renowned restaurants, boutique hotels, and iconic architecture

High-value area with strong year-round commercial performance driven by tourism

Perfect for establishing a top-tier brand presence in Mallorca’s capital

Property highlights
Approx. 200 m² of open-plan space, adaptable to various high-end layouts

Wide street frontage with large display window

Air conditioning installed

Excellent structural condition, offering flexibility for luxury interior design and brand customization

Sale terms
Asking price: €1,300,000

Buyer assumes transaction taxes and fees (except municipal capital gains tax)

Property Information

Real Estate:

Real Property Included

Location:

Nestled in one of the most emblematic pedestrian streets of the old town, this property benefits from an unbeatable setting surrounded by historical architecture, upscale boutiques, and renowned dining establishments. Just steps away from two of the city's most iconic plazas, the area attracts steady foot traffic from both discerning locals and international visitors year-round. The ambiance blends Palma’s rich cultural heritage with dynamic commercial energy, offering an exceptional backdrop for any high-end hospitality or retail concept.

Premises Details:

Total built area: Approx. 200 m²

Layout: Open-plan space offering maximum flexibility for interior design and functional distribution

Facade: Wide street frontage with a large display window, ideal for brand visibility

Condition: Excellent structural state, ready for adaptation to premium use

Climate control: Air conditioning installed

Access: Ground-floor entrance from a high-traffic pedestrian street

Ceiling height: Generous ceiling height, suitable for upscale interior atmospheres

Utilities: Basic installations in place; adaptable to specific technical and operational requirements

Size in square feet:
200 m2