Overall this loft had good qualities such as good pricing and great location. We had an amazing time in Palma and spent most of our time outside the loft - we definitely recommend visiting!
We did have a couple of disappointments with the loft, such as the floors being left so dirty that we had to keep our shoes on at all times, and some basic items not being left, such as shampoo (advertised as being available in the loft) and soap.
Something we would recommend to other travelers is that you ask Rita about check in and house expectations well ahead of time (we didn't realize until we got there that there are not any house rules or instructions provided at the home or on the listing). Unfortunately she didn't respond to our email that was sent a couple days ahead of time, and so we didn't know how to check in when we got there - luckily we ran into the woman who came to clean and she was able to get ahold of Rita for us after we couldn't.
Also, other reviewers were accurate in pointing out that there is quite a bit of noise that comes from the street and it's too hot in the room to close windows (until early morning).
We appreciated being able to leave our bags in the room about 30-45 minutes ahead of check in. We also appreciated that halfway through our week-long stay we were provided new towels. Rita was very kind in her communications with us.
While we didn't come to Palma to stay in the room, for our week-long stay it was a little tough, especially given the dirty floors. Our take away was that this loft is a great choice for travelers who have very minimal needs, and who want a great price in a great location.