Houses and Apartments for sale in El Terreno, Palma

El Terreno, an established neighborhood, is currently experiencing a resurgence of its artistic and cultural scene, attracting a new wave of creatives, intellectuals and entrepreneurs. The neighborhood has regained popularity, both with international and local property buyers. Business people and families are discovering the area's strategic location and potential for growth.

Situated on the picturesque Bay of Palma, El Terreno enjoys a privileged location between the picturesque Paseo Maritimo and the historic Bellver Castle Park. It also boasts close proximity to the peaceful Bellver Forest, yet is just a short distance from the lively districts of Santa Catalina, Palma city center and the bustling Paseo Maritimo. Plaça Gomila and the surrounding streets are alive with bars, creating a vibrant and welcoming atmosphere for locals and tourists alike.

Historically, El Terreno has been one of the most exclusive areas of Palma and in the past mostly local residents lived here. It was home to many intellectuals and creative people. In the late 19th and early 20th centuries it blossomed as a bohemian quarter.  Artists began to find their way to this sleepy but charming Palma neighborhood.

From the 1950s onwards, El Terreno became the flamboyant glittering center of the Balearic Islands nightlife, With Tito’s night club at its center, it was the place to be for jet setters! Unfortunately, after many of the old clubs and bars were closed down, the area lost its shine and over the years gained quite a bad reputation.

Today, El Terreno is rapidly regaining its bohemian flair and attracting a new generation of artists, intellectuals and creative entrepreneurs. It has started growing in popularity again. More and more people are discovering the fact that it’s actually a prime location. The neighborhood is once again becoming very popular with both international and local buyers. Both business people and families are investing in property here.