ARTFEED — Contemporary Art Intelligence

Mallorca Penthouse in 16th-Century Palace Lists for $4.1M

other · 2026-05-21

A penthouse atop a 16th-century palace in Palma's La Calatrava neighborhood is listed for €3.5 million ($4.1 million). The roughly 2,200-square-foot open-plan apartment was renovated four years ago by owner Dieter Castenow, who used local Mallorcan sandstone throughout, including a kitchen island weighing nearly two tons that required eight people to install. The three-bedroom residence features a lounge under a sliding glass roof, a bulbous fireplace suspended from the ceiling, and a 900-square-foot rooftop terrace with sea views. A tiny tower room once used by merchants now serves as a cocktail spot. Additional amenities include a wine cellar with barrel-vaulted stone ceiling, a fitness room with wooden equipment, and a separate two-bedroom guest apartment. The sale includes a Smart car, two electric bikes, furniture, and select artworks. Julia Campos of Engel & Völkers Palma Centre holds the listing.

Key facts

  • Penthouse in 16th-century palace in Palma's La Calatrava neighborhood
  • Listed for €3.5 million ($4.1 million)
  • Renovated four years ago by owner Dieter Castenow
  • Roughly 2,200 square feet, three bedrooms
  • Mallorcan sandstone used throughout, including a two-ton kitchen island
  • Lounge with sliding glass roof and bulbous fireplace suspended from ceiling
  • 900-square-foot rooftop terrace with sea views
  • Includes wine cellar, fitness room, guest apartment, Smart car, electric bikes, furniture, and artworks
  • Listed by Julia Campos of Engel & Völkers Palma Centre

Entities

Artists

  • Dieter Castenow

Institutions

  • Engel & Völkers Palma Centre
  • Mansion Global
  • Robb Report

Locations

  • Mallorca
  • Palma
  • La Calatrava
  • Spain

Sources