One of the most elegant seaside promenades of any Mediterranean city, Paseo Maritimo (or Passeig Maritim) is also one of the most demanded residential areas in Palma de Mallorca among prime second-home buyers. Located south of the city, this privileged promenade goes along the Palma seafront and the harbor with the gorgeous luxury yachts side by side, each more amazing than the last.
The luxurious south-oriented apartments and penthouses of this area benefit from the attractive location within walking distance to Palma city. Situated in a frontline position, the properties from their terraces offer exclusive and stunning panoramic views to the whole city, the marina with its floating yachts and the sea. At night, this area is vibrant and alive, but it is still possible to live on a quiet street behind it.
Property prices in Paseo Maritimo range from a low of €100K to €6M. Houses ranging from €100K to €900K are sold in average for €3,226 per sq.m. More up market homes of price range from €1M to €6M have the average price of €5,760 per sq.m.
Price distribution in Palma - Paseo Maritimo
Price per sq.m. for each property price in Palma - Paseo Maritimo
The stunning sea road of Paseo Maritimo is about 6,000 meters long and forms the borderline from the capital Palma towards the water. It is leading all the way from the popular Porto Pi shopping centre in the west, through the historic centre and the Cathedral, the antique pier, bohemian district of Santa Catalina, till the harbour and prestigious residential area of Portixol in the east.
The best and nearest locations for water sports and leisure boating are the Real Club Náutico de Palma, luxury marina of Puerto Portals, and Portixol.
For golf lovers, there is the possibility to play in different locations such as the exclusive Club de Golf Son Vida with its three superb golf courses, which is reachable in a 15-minute drive.
During the daytime, the promenade is perfect for a morning run or a long walk along the waterfront. You can also take a bike ride all the way to Arenal and enjoy the beautiful views and the fresh breeze of the sea.
There are not many capital cities where you’ll find a beach club, but Palma has three of them where you can enjoy time by the sea in style. For example, the nearby Anima Beach is just a short walk from the Cathedral and it is open all year.
With the advantage of being only minutes away from the city centre, it is a very popular area with all the services at hand. And, of course, Paseo Maritimo offers plenty of chic restaurants and trendy cafes. For example, for authentic Mallorcan cuisine Restaurant Café Pesquero is a good choice for lunch or dinner.
The promenade of Palma is one of the favourite meeting points for the people of the island and the life not only vibrates here during the day. The attractive cosmopolitan and exciting nightlife of Paseo Marítimo offers different kind of trendy dancing clubs and fancy pubs for each taste. This is also where you will find the legendary night club Titos, which was the Mediterranean hotspot in the 70s, and still is very popular among the young crowd. On the Paseo, you will also find the world-famous nightclub Pacha, which is within a walking distance.
So, if you love to live close to the harbor with fabulous restaurants, great shops and millionaire yachts yet within easy reach from the city centre and best leisure places this area is perfect for you.