Best Budget Hotels in Palma de Mallorca

Palma de Mallorca offers an incredible mix of history, culture, and Mediterranean charm. While luxury resorts and boutique hotels dominate the scene, you don’t have to break the bank to enjoy a comfortable stay in this vibrant city. Whether you’re a solo traveler, a couple on a budget, or a family looking for affordable accommodation, these budget-friendly hotels offer great value in prime locations.
Quick Guide: Best Budget Hotels in Palma
Hotel Name | Area | Type | Highlights |
---|---|---|---|
Palau Sa Font | Palma Old Town | Boutique Budget Hotel | Rooftop views, walk to Cathedral |
Hostal Pons | Palma City Center | Traditional Guesthouse | Historic charm, near nightlife |
Hotel Abelay | Near City Center | Budget Hotel | Great value, short walk to center |
Hotel Amic Colón | City Center | Practical Budget Hotel | Perfect for quick stays or business trips |
Apuntadores 8 | Central Palma | Budget Guesthouse | Rooftop terrace, buzzing location |
Hostal Bonany | Near City Center | Hostel with Extras | Pool & garden, quiet and friendly |
Hotel Araxa | City Center | Adults-Only Budget Hotel | Relaxing garden, peaceful hideaway |
Budget Hotels Palma – What to Think About?
Palma has a wide range of affordable places to stay — but not all budget hotels are created equal. Here’s what you should keep in mind when choosing the right one for your trip:
📍 Location is Key
While many budget hotels are central, some are just outside the city center. This usually means lower prices — but also longer walks or public transport. If you’re planning to explore on foot or want nightlife access, prioritize central stays like Apuntadores 8 or Hotel Amic Colón.
🛌 Know Your Priorities
Are you after atmosphere, peace and quiet, or just the lowest price?
- For character & charm, go with Palau Sa Font or Hostal Pons
- For relaxation, consider Hostal Bonany or Hotel Araxa
- For a simple, clean, and cheap stay, Hotel Abelay is perfect
💬 Read the Reviews
Some budget hotels may not be shiny and new — but they make up for it with amazing service, local charm, or perfect locations. User reviews often reveal the real pros and cons.
📆 Book Smart
Budget places fill up fast in high season (May–September), so it’s smart to book early. Also, look for discounts on longer stays — many properties offer these quietly on their websites or via booking platforms.
💸 Set Expectations
You’ll find everything from basic guesthouses to stylish mini-hotels, but most budget accommodations will still include Wi-Fi, air-con, and private bathrooms. Just don’t expect room service or pillow menus.
Top Budget Hotels in Palma
Palau Sa Font
📍 Location: Palma Old Town
💶 Type: Budget-friendly boutique hotel
Boutique charm in Old Town for a fair price 🏨💰
🌟 Why Stay Here?
✅ Stylish & affordable rooms in a historic setting
✅ Rooftop terrace with stunning views
✅ Walking distance to Palma Cathedral & La Lonja
Hostal Pons
📍 Location: Palma City Center
💶 Type: Budget guesthouse
Palma’s classic budget stay. 🏨💰
🌟 Why Stay Here?
✅ One of Palma’s oldest guesthouses with traditional charm
✅ Cozy, affordable rooms perfect for budget travelers
✅ Located near Palma’s best bars, restaurants & shopping
🔗 Book Here
Hotel Abelay
📍 Location: 1.5 km from Palma Center
💶 Type: Budget hotel with essential amenities
Simple & affordable stay close to the centre 🏨💰
🌟 Why Stay Here?
✅ Comfortable & clean rooms at a great price
✅ Ideal for those who don’t mind a short walk to the city center
✅ Friendly, welcoming atmosphere
🔗 Book Here
Hotel Amic Colón
📍 Location: Palma City Center
💶 Type: Budget-friendly in the City Centre
City-Center convenience 🏨💰
🌟 Why Stay Here?
✅ Great for short stays & city breaks
✅ Close to public transport & main attractions
✅ Perfect for business travelers or quick getaways
🔗 Book Here
Apuntadores 8
📍 Location: Central Palma
💶 Type: Budget stay with rooftop views
Budget guesthouse with a view 🏨💰
🌟 Why Stay Here?
✅ Rooftop terrace with amazing city views
✅ Basic but comfortable accommodations
✅ Steps away from Palma’s best bars & restaurants
🔗 Book Here
Hostal Bonany
📍 Location: 1.8 km from Palma Center
💶 Type: Budget hostel with extras
Affordable with a pool 🏨💰
🌟 Why Stay Here?
✅ Peaceful location with a relaxing garden
✅ Small pool – rare for budget accommodations!
✅ Affordable rooms with a friendly atmosphere
🔗 Book Here
Hotel Araxa
📍 Location: Palma City Center
💶 Type: Budget-friendly, adults-only
Adults-Only budget escape 🏨💰
🌟 Why Stay Here?
✅ Garden & pool area for relaxation
✅ Tranquil setting, perfect for couples & solo travelers
✅ A hidden gem offering peace within the city
🔗 Book Here
🏨 Which Budget Hotel is Right for You?
💡 For charm & character: Palau Sa Font or Hostal Pons
💡 For a central stay: Hotel Amic Colón or Apuntadores 8
💡 For peace & relaxation: Hostal Bonany or Hotel Araxa
💡 For a no-frills, affordable stay: Hotel Abelay
📌 Final Tips for Booking a Budget Hotel in Palma
✔️ Book early! Budget hotels sell out fast, especially in peak season.
✔️ Check the location! Some budget hotels are slightly outside the city center.
✔️ Read reviews! Some budget stays may have older furnishings but offer great service.
✔️ Look for deals! Many budget hotels offer discounts for extended stays.
📌 More Palma Guides to Help You Plan Your Trip:
✔️ Best Boutique Hotels in Palma
✔️ Best Cocktail Bars in Palma
✔️ Where to Stay in Mallorca