URBAN ALTVALIS

URBAN ALTVALIS: A New Icon in the Heart of Palma

Coming soon, Altvalis is proud to present Urban Altvalis, the new benchmark for urban living in the center of Palma. This project, designed to the highest quality standards, is located just steps away from the city’s most iconic landmarks, combining the convenience of the city center with modern design and unmatched elegance.

Every space has been meticulously planned to offer a high-end living experience. Premium quality and luxury finishes are the essence of this development, designed for those seeking an exceptional home in the heart of the city, where distinction and convenience come together in perfect harmony.

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    General description of the project

    Multi-family building between party walls at C/ Pere d’Alcàntara Penya 8 (Palma), with ground floor + 3 upper floors and 2 basements. The program includes 11 dwellings: 2 on the ground floor and 3 per floor on the 1st, 2nd, and 3rd floors.

    Vehicle access is resolved by a car lift, and parking is distributed across two basements with a total of 12 spaces, supported by a 360º turntable to facilitate maneuvers.

    The roof incorporates private solariums for the penthouses and a communal terrace. The building includes an elevator and fully complies with the Spanish Technical Building Code (CTE).

    Available Properties AND PARKINGS

    Layout

    – 2 bedrooms
    – 2 full bathrooms
    – Open-plan kitchen and living-dining room

    Layout

    – 2 bedrooms with bathrooms
    – Open-plan kitchen and living-dining room
    – Spacious terrace

    Layout

    – 3 bedrooms
    – 2 bathrooms
    – Open-plan kitchen and living-dining room
    – 2 balconies

    Layout

    – 3 bedrooms
    – En-suite bathroom
    – Open-plan kitchen and living-dining room
    – 2 balconies

    Layout

    – 2 bedrooms
    – 2 bathrooms
    – Open-plan kitchen and living-dining room
    – 2 balconies

    Layout

    – 2 double bedrooms
    – 2 full bathrooms
    – Open-plan kitchen and living-dining room
    – Balcony

    Layout

    – 2 bedrooms
    – 2 full bathrooms
    – Open-plan kitchen and living-dining room
    – Balcony

    PENTHOUSE A

    Layout

    – 2 bedrooms
    – 2 full bathrooms
    – Open-plan kitchen and living-dining room
    – Solarium with pool and barbecue

    Layout

    – 2 bedrooms
    – 2 full bathrooms
    – Open-plan kitchen and living-dining room
    – Solarium with pool and barbecue

    Layout

    – 2 bedrooms
    – 2 full bathrooms
    – Open-plan kitchen and living-dining room
    – Solarium with pool and barbecue

    General

    11 homes · all with 2 bedrooms and 2 bathrooms (one en suite)

    • Lift · 2 basement levels with 12 parking spaces and 8 storage rooms
    • Private rooftop solariums for the 3rd-floor penthouses, each with a private pool
    • Bicycle storage (1 space per home)
    • DHW via aerothermal system · high-performance insulation and energy efficiency

    LAYOUT AS FOLLOWS:

    • Ground floor: 2 homes with 2 bedrooms and 2 bathrooms (one en suite).
    • Floors 1 and 2: 3 homes per floor, all with 2 bedrooms and 2 bathrooms (one en suite).
    • Floor 3 (penthouses): 3 homes with 2 bedrooms and 2 bathrooms (one en suite), each with a private rooftop solarium and private pool.

    Qualities

    Envelope and carpentry: Facades designed with SATE and insulated lining; exterior carpentry with thermal bridge break and double glazing. The goal is to achieve high thermal and acoustic performance.

    • Acoustic comfort: Rock wool in linings and double-glazed windows to reduce interior noise.
    • Air conditioning and DHW: High-efficiency air conditioning in dwellings and domestic hot water (DHW) via aerothermal energy (replacing solar panels).
    • Interior finishes: Ceramic flooring in main rooms; interior wood carpentry for painting; false ceilings and installed shutters.

    Common areas

    Parking: 12 spaces (6 in Basement -1 and 6 in Basement -2), with car lift and 360º turntable. Storage rooms in both basements.

    • Bicycles: Dedicated space in Basement -1 (~18.77 m²), with minimum capacity of 1 space per dwelling.
    • Elevator: Elevator provided in accordance with statistical sheet and lift shaft indicated on plans.
    • Roof: Private solariums (≈ 48.61 m², 44.89 m², 62.24 m²) and a communal terrace (17.27 m²).

    Energy efficiency

    • Passive design: SATE + insulated lining; carpentry with thermal bridge break and double glazing to minimize demand. An “A” energy efficiency rating is expected (according to the Execution Project report).
    • Efficient installations: DHW by aerothermal system and high-efficiency air conditioning.
    • Air quality and health: Ventilation designed according to DB-HS3, with intake/extraction schemes and criteria for storage rooms, parking areas, and waste.
    • Water saving: Return network in DHW and sanitary fittings with saving mechanisms.
    Estimated Delivery Date: END OF 2027 (ESTIMATED)

    Booking and payment conditions

    Initial Reservation

    A deposit of €5,000 will be required to formalize the reservation prior to obtaining the building permit. For the client’s peace of mind, all payments made will be backed by a bank guarantee.

    Deposit Contract (Arras Contract)

    Once the building permit has been granted, 10% of the total purchase price will be paid as a deposit.For the client’s peace of mind, all payments made will be secured by a bank guarantee.

    Interim Payment

    Six months after construction begins, an additional payment of 10% plus the corresponding 10% VAT will be made. For the client’s peace of mind, all payments will be secured by a bank guarantee.

    Final Financing

    The remaining 80% may be financed through a banking institution upon completion of the construction. For the client’s peace of mind, all payments will be secured by a bank guarantee.

    This flexible payment plan is designed to adapt to your needs and provide peace of mind throughout the entire purchasing process.

    More information about financing

    LOCATION