Palma is the capital of Mallorca and of the Balearic Islands which form part of . Nearly half the population of Mallorca lives in the city of Palma , making it the 12th biggest urban area in the Spanish territory. This lively Spanish town hosts a variety of festivals and events throughout the year and has a number of cultural venues where you can see exhibitions and performances. The charming streets in the old part of Palma attract tourists and celebrities each year and the night life on the island, particularly in Palma , has earned a name for itself.