This elegant complex is an integral part of the Old Town and offers a true lush oasis of peace, summer shade, and tranquility (in winter the large old deciduous trees lose their leaves and let the sunshine through). This first-floor apartment has direct lift access to the interior of the property which offers an open plan fully fitted kitchen, dining, and lounge area all wrapped around the 18m2 terrace, ideal for al fresco dining. The property is completed with three double bedrooms, two bathrooms ( 1 ensuite), a guest lavatory, and a laundry room.The Palau Peña building is included in Palma’s Catalogue for the Protection of Buildings and Elements of Historical, Artistic, Architectural, and Landscape Interest. The building was documented in the cadastral registry of 1685, subsequently, Pere d´Alcántara Peña Nicolau, master builder and writer (1823-1906), was recorded as the owner from 1853 onward. His parents refurbished the house in 1852, converting the old Gothic house into a multi-family building.This fabulous new project in construction at present will be transformed into a stunning 5-unit residence built around a private garden. The units vary from garden apartments, duplexes, and triplex, from 81m2 to 190m2, and 1, 2 and 3 bedrooms. Both the ground floor and top floor units come complete with exterior areas, ideal for recreation or sheer relaxation. The project focuses on restoring the building to its original glory with all the benefits of modern-day living such as beamed ceilings, floor-to-ceiling windows, underfloor heating, fully fitted kitchens with Siemens appliances central a/c, and home automation system, and using noble materials such as natural Binissalem stone and oak flooring.From here you can do your weekly shopping, dine in the many nearby bars and restaurants, go to the hairdresser or conveniently visit museums, concert halls, or theatres, and take part in the numerous year around festivals and special events offered in the various plazas around Old Town. All this and so much more make moving to Palau Peña a unique and rewarding experience.Images are for orientation purposes only. Completion is scheduled for March 2025.One of the best preserved old towns in Spain featuring the most amazing Gothic architecture in the Mediterranean surrounded by hundreds of narrow streets, excellent shopping, great restaurants, art galleries, museums, and the amazing ancient passage leading to important historic monuments, landmark buildings, and the jewel of the crown: Catedral Santa Maria, La Seu. It is very popular for the nightlife and offers very trendy places to visit, like Passeig del Born, Avenida de Jaume III, Passeig de la Rambla, La Llonja and some of the most visited “Plazas”, such as Plaza Santa Eulalia, Plaza Cort, Plaza Mercat and Plaza Mayor among others. Casco Antiguo is one of the most desirable districts for property investment. Many of them have been renovated over the past few years and have been turned into luxury apartments, fitted with all the modern amenities.