Bonanova property market view.



Exclusive hilly neighbourhood bounded by the greenery of Bellver castle

Bonanova Property Insights

One the most peaceful districts of Palma de Mallorca, Bonanova (or La Bonanova) is notable with its very affluent residents.

The spectacular modern villas and penthouses offer breathtaking views overlooking the sea and the Bay of Palma. Prime residences are surrounded by communal gardens with the direct access to the mountain area of the Bellver Castle. It is the place where creative artists prefer to work from home to find inspiration.

The average price for Bonanova property remains on the same level as region’s regular and ranges from €4,600 per sq. meter for a house to €4,900 per sq. meter for an apartment. Privileged sea view position raises the average price of a house to €5,400 per sq. meter to €6,550 for an apartment.

The most notable agencies on Bonanova property market are NovaEngel & Völkers and Porta Mallorquina, listing the greatest number of properties in the area.

Bonanova property price analysis.

16. October 2018

Sale price distribution in Palma - Bonanova, Son Armadams



Sale price per sq.m. for each property price in Palma - Bonanova, Son Armadams




Why Bonanova Property?

This exclusive and quiet neighbourhood of Palma is situated in the low hills and the woods, ”the green lungs of the City of Palma”. It is well known for its exclusive character and admirable sea and mountain scenery.

Located in the periphery of the Palma city, Bonanova is only a 5-minute drive to the historic town centre. The international airport is reachable within 15 minutes by car. The area is bounded by the districts of Porto Pí, San AgustinGénova and Cala Major. The famous Blue Flag sandy beach of Cala Major is only 3km away.

Very close you find one of Palma’s best shopping centres “Porto Pi” with a cinema, a sports centre and many restaurants. The cruise ship port, as well as the Paseo Maritimo, is within 2 minutes drive from Bonanova.

The area is popular for its proximity to the elite international and local schools. It is an ideal place for families with children as well as for its excellent exterior zone with parks, playground, gardens and swimming pools.

This prestigious district is a sought after area among second-home buyers, who seek tranquillity but want to be near to the city centre of Palma. Being close to the wide range of services, a lively social and cultural life and a well preserved historical centre, it makes it one of the most prestigious prime residential districts. It is attracted by famous people and celebrities. As an example, the legendary New Zealandian aviator Jean Batten lived anonymously in this neighbourhood for many years.

All these features have led Bonanova to be one of the most popular and renowned residential areas. So if you wish to live in a modern setting with outstanding views, as well as having privacy but being near to the centre of everything, here is your chance!

Bonanova property market analysis.