This mansion is located in the heart of the Old Town of Palma, just a few minutes' walk from the Cathedral, and offers multiple possibilities for renovation and development.The building has a total area of 621 m² distributed over four floors, including a typical Mallorcan inner courtyard that adds character and natural light to the property. The second floor houses a renovated penthouse of approximately 159 m² with a terrace, living-dining room, equipped kitchen, three bedrooms, and two bathrooms, in good condition after its renovation a decade ago.The first floor, 166 m², includes several rooms and a full bathroom, in need of a complete renovation, as well as the ground floor, which has 130 m² and multiple spaces that can be rearranged according to the needs of the new owner. In the basement level, with 132 m², there is the possibility of creating parking spaces, a highly valued option in this area with difficult parking.Located in one of the most emblematic areas of Palma, the Old Town is characterized by its historical architecture, charming narrow streets, and proximity to monuments, shops, galleries, and restaurants. This location not only offers an environment with its own identity but also a high potential for revaluation. Whether as a private residence or as an investment project, this property represents a unique opportunity in the historic center of the city.