Perfect location for the beach and cycling. If you want to visit Palma centre it's worth buying a bus pass, which has 10 bus rides at a reduced price and is more convenient on the number 3. The big red bus ride around Palma is worth doing if you want to visit all the sights. I rented a decent road bike from Nano bicycles in the town centre for 2 days and headed for the north western hills - good cycling country. Also Soller is worth a visit, by train, but the timetable restricts the time available in Soller.