Co-own this town palace in Palma’s old town
From four weeks a year, in a house that is ready when you arrive.
A historic house in the Calatrava quarter, a few streets behind the cathedral, with its patio, its stonework and its listed coffered ceilings. You own a share of it, and someone else does the work.
Four floors and a roof terrace, five bedrooms with their own bathrooms, a guest studio, an indoor spa pool and a garage. Delivered finished, shared by a few owners and looked after all year by people who live on the island. Buy the shares that fit your time.
The stone stays. That is the point.
Palma’s old town is protected, and rightly so. The medieval walls, the timber structures, the coffered ceilings, the polychrome decoration and the eight-point star motifs in this house are listed — they cannot be removed, and nobody sensible would want to. What the project does is build a modern house around them: light, air, services and comfort threaded through a structure whose oldest parts are fourteenth century.
You do not get this by building new. There is no vacant plot in the Calatrava quarter, and there will not be one. The street front dates from 1880; what stands behind it is older.
Above the rooftops, the cathedral.
The top of the house is a terrace with a sitting area, planting and a bridge across to the roof of the older wing. From it you look over the tiled roofs of the old town to La Seu — close enough to read the buttresses. In a city where almost nothing is built above the historic roofline, that view is a matter of where the house already stands.
57 m² of terrace in total, spread across three levels of the house.
The house you would share, in photos and film
48 weeks to share. Four weeks of care.
Every share is four weeks a year. Buy the weeks you need, or can afford: one share for four weeks, two for eight, three for twelve. The last four weeks are for the house: no guests, just the care that keeps it at its best.
From the day you plan to the day you leave
You own a share of an exceptional house. We make sure owning it feels like checking in.
Book your weeks in the Guest App. Tell us who is coming, what you want in the fridge and whether the chef should be there the first night.
A car at the airport, the door opens with your phone, the house is clean, cool and stocked.
Boat days, a private chef, massage at the house, tables at the right restaurants. One message and it is arranged.
Close the door and go. We clean, check, fix and report. The weeks you don’t use can be let, and the income is yours.
A home, run like a private boutique hotel
We call it a Hometel: a real house, owned by a few, with the service of a small hotel around it. Three parts make it work, each with a published price. We live here, with the homes we look after.
The home
Paid by the owners · per home, per month
- Your Home Director, appointed by the owners
- Cleaning, linen and towels between every stay
- Pool, garden and terraces kept all year
- Maintenance before it becomes a repair
- Smart access, Wi-Fi and the house systems
- The four care weeks, planned and reported
The ownership
Paid by the owners · per share, per year
- Deed or Spanish company, chosen with our lawyer
- Owners’ agreement and owner register
- The calendar: booking rounds and who is in the house when
- Budget, accounts and a monthly owner statement
- Owners’ meetings and decisions
- Buying more weeks, or selling yours
The stay
Owners and guests · open fees
- Your weeks booked, and guests in the weeks you let
- Groceries in the fridge before you land
- A private chef, a boat day, a car at the door
- Massage, yoga and wellness at the house
- Anything that needs fixing while you are there
- Partner price shown, our fee shown
No mark-up on the house, no kick-backs, no hidden margins on experiences. How co-owning works →
A boutique hotel for your own people
Five bedrooms, a roof terrace over the old town and the cathedral a few minutes on foot, for meetings that end with dinner in Palma. A company can own weeks here, or book them from the owners.
Executive meetings
Board days and strategy sessions away from the office, with nothing to organise.
Client weeks
Host the clients who matter, with the chef, the boat and the transfers arranged.
Workshops and offsites
Small teams, long days, good food. Wi-Fi, screens and a place to think.
Rewards
A week in Mallorca for the people who earned it.
How a company holds a share, and how the costs are treated, differs by country. Ask in the Academy → · Homebase Rent for business →
Four floors, a roof terrace, and 395 m² (4,252 sq ft) inside.
Buy the weeks you need.
Ownership: one share is 1/12 of the house (8.33%) and one vote, all year round. Use: 28 nights a year, booked in the Guest App. Four care weeks a year are kept for repairs and upkeep, placed where the owners use the house least. No share owns a week. Deed or Spanish company, decided before anyone signs.
All in: your share of the price, the transfer tax, notary, lawyers and a starting reserve, rounded up to €500. An estimate until the full numbers are published. Twelve shares, one deed at the notary. The price is for the house delivered turnkey.
Register interestThe whole town palace, delivered turnkey. Full title, one owner.
Transfer tax and legal costs on top.
See the whole-house brochureNext step
Interested, reserve or buy
1 / 3
Interested
Get the term sheet for this home: price per share all in, structure, timeline and the key terms. No commitment.
I’m interested2 / 3
Reserve
Pre-reserve your shares. Free, not binding and time-stamped: first come, first on the list.
Pre-reserve3 / 3
Buy
Confirm with a €1,000 deposit, credited at closing and kept if you withdraw. Then 10% into the notary’s escrow, and the deed.
Ready to buyRead the term sheet →All the numbers, line by line →Read the owners’ agreement, default draft →How reserving works →
Figures can still move a little until the first reservation in this home is completed. From then on, the share price is fixed for everyone.
Calatrava — the quarter behind the cathedral
Soul Palace stands in Calatrava, the oldest part of Palma: a grid of narrow lanes between the cathedral and the old sea wall, where Arab, Gothic and eighteenth-century walls stand in the same street. Almost everything here is a walk. La Seu is four minutes away, the water six, and the airport a quarter of an hour by car.
Open in Maps© OpenStreetMap
Calatrava, Palma de Mallorca
- La Seu cathedral and Parc de la Mar4 min walk
- The sea wall and the promenade6 min walk
- Es Baluard and the Santa Catalina market18 min walk
- Portixol and Es Molinar10 min drive
- Palma airport15 min drive
The map shows the area, not the house. The exact address is shared with registered buyers.
What it costs to buy it, and what it costs to hold it.
Most buyers of a house like this live somewhere else, so the honest answer has two halves: what Spain charges, and what your own country does with it afterwards. Here is the first half, in full.
Buying the whole house
€5,850,000
| Transfer tax (ITP), Balearic scale | €710,500 |
| Notary and land registry | €2,100 |
| Your own lawyer, about 1 % + VAT | €71,000 |
| Agent commission | paid by the seller |
| Total, to complete | €6,634,000 |
While you own it
Every year, whole house
| IBI, the council tax | see the file |
| Imputed income tax, if you do not let it | 19–24 % of a notional 1.1–2 % |
| Rental income, if you do let it | 19 % of profit, EU/EEA 24 % of gross, others |
| Wealth tax, on Spanish assets over €700,000 | Balearic scale |
When you sell
Whatever you paid, this comes later
| Capital gains, non-resident | 19 % of the gain |
| Withheld by the buyer, on account | 3 % of the price |
| Plusvalía, the town hall’s land tax | two methods, lower applies |
| Purchase costs and invoiced improvements | reduce the gain |
The Balearic transfer tax is progressive: 8 % on the first €400,000, 9 % to €600,000, 10 % to €1m, 12 % to €2m and 13 % above. Each rate applies only to its own slice. Tax is calculated on the deeded price or the cadastral reference value, whichever is higher. Figures are indicative and confirmed by your lawyer before you sign.
Spain taxes the house. Your country taxes you.
A treaty decides which one gives way, and the mechanism differs by country. Pick yours — each opens in a new tab.
General information, not tax advice. Reviewed September 2026. The full picture, including how a Spanish sale works →
If this one is not for you, tell us what is.
Every home on Homebase is prepared like this one: filmed, measured, the licences checked and the numbers written down before anyone is asked to travel. You can see them all in a few minutes, from wherever you are.
Or describe the place you actually want — the village, the view, the light, the distance to the water — and we will tell you honestly whether it exists at your price, and come back when it does. From the first viewing to the keys, lawyers, architects, tax advisers and the people who will look after the house are already here.
Everything your adviser will ask for.
The property
What the house has
- Heated indoor spa pool on the mezzanine level, saltwater with electrolysis
- Gym and sauna
- Roof terrace with a view to the cathedral
- Traditional patio, open to the sky
- Balconies and verandas on the first and second floors
- Listed coffered ceilings, medieval walls and timber structures, retained
- Polychrome decoration and eight-point star motifs, protected
- Passenger lift serving every level
- Private garage behind the street wall
- Lounge and wine bar at ground level, wine cellar
- Guest studio, separately accessible
- Fitted kitchen, fireplace, guest bathroom, storage room
- Heat pump with underfloor heating, air conditioning
- KNX home automation
- Solar system and an EV charging point
What a buyer should know
- This is a project, not a finished house. Every image on this page is a rendering of the approved design, not a photograph of a built interior.
- The design shown differs in certain details from the currently approved building project. Those changes can be submitted for approval during construction through an MTO — Modificación en el Transcurso de la Obra — the standard Mallorcan procedure for amending a live building licence.
- The house sits in a protected quarter. The listed elements stay.
- Soul Palace is brought to you by Mallorca Homebase under a cooperation agreement with the seller, Livora Invest S.L. (Soulvillas Group), who hold the mandate and conduct the sale.
Go deeper
Palma, in three pieces
The city, the seafront two kilometres out, and the cathedral that decides what can be built behind it. Each opens in a new tab — this page stays where it is.
Palma de Mallorca — The City Behind the Address
A working European capital of 431,000 people that happens to sit on an island — and why that changes what…
Read the piece
Portixol and Es Molinar — Palma’s Seafront, Two Kilometres Out
The old fishermen's quarter east of the port, now one of the most wanted addresses in Palma — and a…
Read the piece
La Seu — The Cathedral That Sets the Rules
Palma's Gothic giant is not just the view from the old town. It is the reason the old town looks…
Read the piece
Interested in Soul Palace?
Tell us what you would like to start with. Most people begin with a short video call. You hear back within a day.
Not sure yet which home is right? Define your Mallorca Homebase →
Torben Aagaard
Founder, Mallorca Homebase. Living in Palma since 2018. One call sets up the viewing — in person or on video, with the plans and the file open. Viewings of Soul Palace are arranged by appointment.
Book a call About Torben →
