Soul Palace, Palma Old Town
A palace the street cannot see.
A historic house in the Calatrava quarter, a few streets behind the cathedral, with its stonework, its patio and its listed coffered ceilings intact — and a granted building permit to bring the rest of it into this century.
395 m² (4,252 sq ft) of living and usable space inside a building of 452 m² — four floors and a roof terrace, three to five bedrooms with their own bathrooms, a separate guest studio, an indoor spa pool and a garage behind the wall. Sold turnkey: the house delivered finished, not as a building site with a drawing attached.
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.
Four floors, a roof terrace, and 395 m² (4,252 sq ft) inside.
Delivered finished.
The completed house, ready to occupy. The building permit is granted and the ETV holiday rental licence is in place.
Price excluding taxes. Transfer tax and legal costs on top — your adviser will want the full arithmetic, and we will send it.
See the full listingSoul Palace is sold whole. It is not offered as a co-owned home.
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
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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.
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