Around half of the island's population live in the bay of Palma and the city itself is beautiful and impressive, with bustling streets, grand architecture and a cosmopolitan outlook. Unlike most of the other coastal towns in Mallorca, Palma really is a Spanish city and is as vibrant and elegant as the cities on the mainland, with an extensive cultural life that includes theatre, opera and fine cuisine. Cost of living is comparatively high in Palma, but job prospects are good because unemployment rates are very low. If you are thinking of relocating permanently to Palma, you will find opportunities in the services sector, and there is also a demand for professionals amongst the international companies that have chosen to relocate there. If you are looking to buy property as a buy-to-let investment, currently Palma is the place to look. Demand for rental properties is very high even out of season and a two bedroom apartment in the city could command rent as high as €1500 per week.
A very bright 3-bedroom penthouse apartment ready to move into. Most furniture (excluding some personal pieces) and all electrical equipment included in price. Magnificent 360° views encompassing the Bay of Palma, Port of Palma, Tramuntana mountains, Bellver Castle,and Palma Cathedral. Floor plan totaling 259.35 m2 (as per architect's plans). Living area of 125.65 m2 plus one private terrace (46.65 m2) leading off lounge and two bedrooms and one upstairs private terrace (76.35 m2).