Luxury penthouses for sale in Mallorca

Expert advice for buying your sea view property on the coast of Mallorca

Why buy a luxury penthouse in Mallorca?

Mallorca is one of the most solid and sought-after markets in the Mediterranean for anyone looking for a luxury penthouse for sale near the sea in Mallorca. The combination of climate, convenient flight connections, safety, and quality of life translates into steady international demand for penthouses with terraces, sea views, and prime locations.

Areas such as Puerto Andratx, Portals Nous, Bendinat, Portixol, Paseo Marítimo (Palma), Cala Major, Cas Català, Illetas, Puerto Pollensa, Puerto Alcúdia, and La Calatrava concentrate the best-positioned buildings, with penthouses offering large terraces, private pools, and walking-distance services.

Supply is limited, especially on the seafront and in recently built developments, which supports price stability and strong potential for capital appreciation. In addition, many buyers now look not only for views but also for energy efficiency, good insulation, lifts, underground parking, and well-managed communities, which makes the best penthouses stand out as “best in class” products on the market.

For anyone wanting to combine investment and personal enjoyment, a luxury penthouse in Mallorca is a scarce asset with extraordinary real use value and a strong lifestyle component: you are not just buying a property; you are buying a way of living in the Mediterranean all year round, with a safe base to diversify wealth in one of Europe’s most consolidated islands.

The most exclusive areas to buy luxury penthouses in Mallorca

Puerto Andratx

Property for sale in Puerto AndratxPuerto Andratx is one of the most prestigious natural harbours in the Mediterranean. Property in Puerto Andratx combines panoramic views over the harbour, perfect sunset-facing orientation, and close proximity to restaurants, boutiques, and yacht clubs. The area is highly sought after by German, Swiss, and British buyers who value privacy, mooring services, and the easy access to coves such as Cala Llamp and Cala Marmassen. Buildings here are usually low-rise, with generous terraces, communal swimming pools, and often direct lift access to the penthouse.

From an investment perspective, Puerto Andratx concentrates some of the best-performing luxury penthouses in Mallorca: the scarcity of land, the shape of the terrain, and consolidated international demand mean the top penthouses maintain firm prices and a very strong track record of capital growth. It is an ideal location for those seeking a safe-haven asset with high resale liquidity and excellent potential for premium rental linked to the yachting world.

Property for Sale in Port Andratx

The property market in Port Andratx is synonymous with luxury in Mallorca. It signifies exclusivity and promises a good return on investment.

Portals Nous and Bendinat

Sea view property for sale in BendinatPortals Nous and Bendinat form one of the most exclusive corridors in the southwest of Mallorca. Luxury penthouses for sale in Portals Nous are concentrated around Puerto Portals and the surrounding residential streets, with quick access to beaches, international schools, and premium services.

Property for sale in Bendinat, which is slightly higher in elevation and more residential, offers penthouses with open views of the sea and nearby golf course in very well-kept communities with gardens and security. This area is ideal for those wanting to combine marina life, schooling for families, and proximity to Palma (just 15 minutes away by car).

For investors, Portals and Bendinat are a highly strategic choice: the presence of international schools, marinas, golf courses, and high-end services generates constant year-round demand from European families. Sea view luxury penthouses in Bendinat and Portals rent easily on a long-term basis and show very attractive upside when refurbished to contemporary standards, significantly increasing their value and appeal for the end buyer.

Property for sale in Bendinat

Bendinat is considered to be one of the prime residential areas in Mallorca, with sea view villas commanding some of the highest prices on the island.

Cala Major, Cas Català, and Illetas

Property for sale in Cala Mayor
Cala Major

The coastal strip of Cala Major, Cas Català and Illetas has undergone a clear transformation towards a more lifestyle and design-driven profile. Penthouses in Cala Major, many of them in refurbished buildings, offer direct views over the Bay of Palma and quick access to the beach, the Marivent Palace, and the city centre.

Cas Català adds a more residential and exclusive feel, with smaller communities and easy access to small coves.

Illetas, in turn, is home to some of the most highly rated beaches near Palma, with mid-slope buildings and wide-open sea views. Here, luxury penthouses close to the beach are particularly attractive for those who prioritise walkability between their home, coves, beach bars, and local services.

From an investment standpoint, this is an area with strong repositioning potential: many buildings still allow for full refurbishments that reposition penthouses as design-led products, increasing both price and appeal for high-end rentals. Buying a penthouse to renovate in Cala Major, Cas Català, or Illetas can be a very smart strategy to capture the trend towards boutique hotels, signature restaurants, and an increasingly international lifestyle audience.

Penthouses for sale on Palma’s Paseo Marítimo

Property for sale in Paseo Marítimo PalmaThe Paseo Marítimo in Palma is the city’s great maritime façade, with views towards the cathedral, the marina, and leisure yachts moored in the bay. Luxury penthouses on the Paseo Marítimo stand out for their terraces with open views across the bay and the possibility of walking to the Old Town, restaurants, design hotels, and marinas such as Club de Mar or Real Club Náutico.

Many buildings are being refurbished to contemporary standards, with large windows, improved insulation, parking, and communal pools. For buyers seeking a luxury penthouse for sale in Mallorca that offers both urban life and the sea, this is one of the most balanced options.

In investment terms, the Paseo Marítimo offers an excellent balance between personal use and high-quality rental opportunities to executives, crews, and long-stay urban clients. Recent urban regeneration projects and the gradual improvement of the seafront add value to well-positioned penthouses, which tend to gain in price as the surroundings are upgraded and buildings are modernised.

Portixol and Molinar

Property for sale in Portixol
Portixol’s Bay

Portixol and Molinar have become the most coveted neighbourhoods on Palma’s bay for living right by the sea with a strong local atmosphere. Penthouses here are extremely scarce due to the popularity of low-rise buildings, pedestrian promenades and planning regulations that limit new heights.

Luxury penthouses in Portixol and Molinar combine terraces overlooking the seafront promenade, direct access to restaurants and cafés, and the option of cycling into Palma’s Old Town in just a few minutes. This is an area with very little property turnover, where demand chronically outstrips supply.

Property for sale in El Molinar
El Molinar at sunset

It is precisely this scarcity of product, together with the charm of the seafront promenade and the proximity to the airport and the historic centre, that makes Portixol and Molinar locations with very high value stability. Buying a well-oriented penthouse here, even if it requires a higher initial budget, often translates into excellent capital protection and fast resale whenever a property comes onto the market.

Puerto Pollensa

Property for sale in Puerto Pollensa

In the north of the island, property for sale in Puerto Pollensa offers a more family-oriented, relaxed atmosphere, with a wide seafront promenade, yacht club, and calm waters. Luxury penthouses can be found both on the frontline and in second lines with good views over the bay and the Serra de Tramuntana. They are especially attractive for families wanting to combine beach, sport, and nature, with the town of Pollença and its international schools just a short drive away.

For investors, Puerto Pollensa is a very solid bet thanks to strong Nordic and British demand, a focus on family tourism, and proximity to cycling and hiking routes. Sea view penthouses in Puerto Pollensa are highly valued for quality rentals, with high seasons that extend beyond summer thanks to sports tourism and long-stay visitors looking for a quiet environment.

Puerto Alcúdia and Alcúdia Beach

Property for sale in Alcúdia
Alcúdia

The area of Puerto Alcúdia and the Alcúdia Beach seafront combines a very long sandy beach, a marina, and all services needed for extended stays. Luxury penthouses here are concentrated in the quieter stretches of the promenade and in modern or refurbished buildings. They are an interesting option for buyers seeking penthouses with sea views with a slightly more accessible entry ticket than in the southwest, while keeping great potential for high-end holiday rentals.

 

Property for sale in Puerto Alcúdia
Port Alcúdia

In investment terms, property for sale in Alcúdia stands out for its versatility: families, sports enthusiasts, nature lovers, and a very diverse international profile maintain steady demand. A well-positioned luxury penthouse overlooking Alcúdia Beach combines intensive personal use, high occupancy during the summer season, and a very competitive perception of value compared to other parts of the island.

Property for Sale in Alcúdia area

Apart from its beauty, what puts property in Alcúdia ahead of the pack is its strategic position. Here you’ll find breathtaking views, calm warm waters and countryside to die for.

Property for Sale in Port d’Alcudia

Buy property in Port d’Alcudia, and you are sure to have a blessed lifestyle, with plenty of ways to enjoy the Bay of Alcudia, whether water or land based.

La Calatrava and Palma's Old Town

Property for sale in Palma
Palma’s Cathedral

In the heart of the city, La Calatrava and Palma’s Old Town offer penthouses that are unique for their historic character and views over rooftops, the cathedral, and the Mediterranean Sea. Here, penthouses are usually located in restored palaces or singular buildings, with roof terraces that are highly sought after. You do not always get direct, front-row sea views, but the urban experience, architecture, and proximity to restaurants, galleries, and boutiques more than make up for it.

This is the ideal area for buyers looking for a luxury penthouse with soul, perfect as a year-round city home or as an urban base combined with a yacht or a country finca inland.

From a wealth perspective, this is a location with very limited product and strong planning protection, which reinforces the uniqueness of each penthouse. Buying here means investing in a one-off property in Palma’s historic centre, with an international audience willing to pay a premium for architectural charm, unique building history, and the chance to live the city fully on foot.

Property for sale in Palma de Mallorca

Own keys to an apartment in central Palma and you’re looking at real estate gold. Now is the time to find your dream property in the capital city of Mallorca.

Types of penthouses in Mallorca: real advantages of each

Seafront penthouse for sale in Mallorca ABC-107121
ABC-107121

Seafront luxury penthouses

Luxury penthouses located on the very frontline of the beach are the most coveted products in Mallorca’s coastal residential market. They offer immediate contact with sand and sea, completely unobstructed views, and a full sensory experience: direct light, the sound of the waves, a constant breeze, and open horizons. They usually feature large terraces and sometimes full rooftop solariums, ideal for chill-out areas, barbecues, and small pools.

In areas such as Puerto Andratx, Portals, Illetas, Portixol, and Puerto Pollensa, this type of penthouse is extremely scarce, especially if the building is modern and includes parking and a lift. From an investment perspective, the frontline retains a structural value premium in almost any economic cycle; international demand is far higher than supply, which translates into high liquidity and quick resales. In the premium rental market, these penthouses command rates well above average thanks to their one-of-a-kind character.

Luxury penthouses for sale in Mallorca
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Luxury penthouses close to the sea (second line and coastal areas)

Penthouses located on the second line or just a few minutes’ walk from the sea offer a very balanced mix of partial views, accessibility, and price. In areas such as Bendinat, Cas Català, Cala Major, Puerto Alcudia, and the inner streets of Portals Nous and Puerto Pollensa, it is common to find penthouses with large terraces and open views over the bay but with less exposure to the noise of the promenade and the beach.

This type of property allows you to gain more built square metres and more terrace space for the same budget as a seafront penthouse while maintaining easy access to the coast, the marina, or beach clubs. In asset terms, they are properties with an excellent quality-price ratio, performing very well over the long term, especially when the building offers a good community, pool, and parking. In terms of enjoyment, they provide more privacy and a sense of an “elevated retreat” just a short stroll from the coastal buzz.

Luxury penthouse with panoramic sea views, for sale in Mallorca
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Penthouses with panoramic sea views

Penthouses located at mid or higher elevations, for example, in Bendinat, La Bonanova, the upper part of the Paseo Marítimo, and the hillsides of Puerto Andratx, stand out for their broad panoramic views over the bay and the Serra de Tramuntana mountains.

These homes are not always right next to the beach, but the expansive views, incredible sunsets, and sense of open horizon more than compensate. They usually feature large windows, living rooms that open onto the terrace, and interiors designed to frame the landscape. For many international buyers, these sweeping views, combined with privacy and quiet, are more attractive than a very exposed frontline.

As an investment, sea-view penthouses with good solar orientation in well-kept buildings maintain very steady demand and show strong value stability, with interesting potential for appreciation when refurbished to contemporary standards.

Sea view penthouse with private pool for sale in MallorcaPenthouses with private pools in Mallorca

Penthouses with private pools represent the most exclusive category within the apartment segment. In areas such as Puerto Andratx, Portals, Cala Major, Paseo Marítimo (Palma), and new projects on the Bay of Alcúdia, some penthouses incorporate a pool or plunge pool on the terrace itself, creating a level of privacy and comfort comparable to a villa but with urban or seafront living.

This type of penthouse is ideal for those wanting to enjoy the Mediterranean climate without depending on communal areas of the building, with the ability to host friends and family in a more private setting. From an asset perspective, penthouses with private pools are extremely scarce and attract international demand willing to pay a significant premium. This combination of rarity, visual impact, and user experience makes them very well protected against market fluctuations and gives them higher-than-average resale potential.

Price guide for luxury penthouses in Mallorca

SEAFRONT LUXURY PENTHOUSES:
€1,500,000 – €6,000,000

LUXURY PENTHOUSES CLOSE TO THE SEA (SECOND LINE/COASTAL AREAS):
€900,000 – €3,000,000

SEA VIEW PENTHOUSES (MID/HIGH ELEVATION):
€1,000,000 – €3,500,000

PENTHOUSES WITH PRIVATE POOLS:
€1,800,000 – €6,500,000

(Price may vary, and ranges depend on exact location, orientation, views, terrace size, building quality, year of construction, and level of refurbishment.)

Benefits of buying a luxury penthouse in Mallorca

Buying a luxury penthouse in Mallorca means securing a highly sought-after and hard-to-replicate property: elevated homes with large terraces, sea views, and a consolidated urban or coastal setting. The island combines modern infrastructure, an international airport with year-round direct flights, high-quality healthcare, and a Mediterranean lifestyle that attracts buyers from all over Europe.

The supply of penthouses with views is structurally limited, both due to planning regulations and lack of land, while international demand remains strong even in slower economic cycles. This translates into price stability, good resale liquidity, and strong appeal for premium rentals. For families, remote workers, or buyers splitting their time between countries, a well-located penthouse in Mallorca works as a practical, safe, and emotionally rewarding home base.

Over the medium and long term, the right choice of building, orientation, and community makes the difference between a simple apartment and a strategic real estate asset within a family portfolio.

Reasons to live in, invest in, or buy a luxury penthouse in Mallorca to let

A luxury penthouse in Mallorca brings together in a single property many of the key features of the new European residential luxury standard: natural light, private outdoor space, views, prime location, and connectivity. Living here means starting the day with sea views, enjoying outdoor living almost all year round, and having access to a service network ranging from international schools to fine-dining restaurants, marinas, beach clubs, and golf courses.

Areas such as Puerto Andratx, Portals Nous, Portixol, and Paseo Marítimo provide the perfect combination of social life, yachting, and a comfortable residential base for extended stays.

From an investment perspective, luxury penthouses in Mallorca behave as safe-haven assets within the property segment. Product scarcity, building height limitations, and strong international demand help keep prices firm and resale liquidity much higher than in many other Mediterranean secondary markets. Well-chosen properties with good orientation, clear views, well-maintained buildings, and generous terraces tend to preserve value even in adjustment periods and show upside potential when refurbished to contemporary standards.

In the high-end rental market, luxury penthouses with sea views or private pools achieve solid occupancy rates both in peak season and in spring and autumn, when remote workers and long-stay couples look for a mild climate and good connectivity. This allows attractive yields without requiring massive guest turnover. In short, choosing a luxury penthouse in Mallorca means combining intense personal use, an exceptional lifestyle, and a smart wealth strategy in one of the most consolidated markets in the Mediterranean.

What drives the value of a luxury penthouse in Mallorca?

The value of a luxury penthouse in Mallorca rests on three pillars: location, building quality, and terrace.

  1. Micro-location is what separates a good penthouse from an outstanding one, whether it is true frontline, a quiet second line, or an elevated position with open views and easy access to marinas, promenades, and everyday services.
  2. The building itself should offer a solid structure, a good community, lift, parking, and well-kept communal areas, as these elements shape both the living experience and future resale.
  3. But, most importantly, the terrace is the true heart of the penthouse: south or southwest orientation, well-incorporated usable square metres, visual privacy, and protected views that cannot be blocked by future construction are key here.

We combine all these factors in our property search process to select only penthouses with strong fundamentals and clear long-term value.

Why choose hc/ Property Buyer’s Agency

hc/ Property Buyer's Agency
Helen Cummins

At hc/ Property Buyer’s Agency, we work as a boutique buyer’s agency with a very curated focus on architecture, design, and building quality. We do not simply show listings; we rigorously filter the luxury penthouse market in Mallorca to keep only those properties that stand out for their views, terrace, layout, and potential for capital appreciation.

We blend the emotional side of the property purchase process and lifestyle considerations with thorough due diligence on documentation, community, building condition, and market comparables. This way you can make decisions with excitement, backed up by solid data that protects your wealth.

Frequently asked questions

How much does a luxury penthouse in Mallorca cost, and what factors influence the price?
The price of a luxury penthouse in Mallorca typically ranges from around €900,000 in secondary coastal areas to over €6,000,000 in true frontline positions or very exclusive projects. The exact bracket depends on the precise location, width and quality of the views, terrace size, sun orientation, and building condition.

Penthouses directly on the beach or with a private pool sit at the top of the price range, while penthouses close to the sea or in mid-level positions with good sea and mountain views can offer a very competitive quality-price ratio. A recent high-end refurbishment, parking, direct lift access, energy efficiency, and a strong, well-run community also add value, influencing both day-to-day enjoyment and future resale.

Helen Cummins Property Buyers Agency
Helen Cummins Property Buyers Agency

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