Wonderful apartment right in the heart of Palma, but only a 20 minute/€20 taxi ride from the airport.
We were on a layover so only stopped for one night but wished we had more time.
There are lots of stairs to negotiate if you have heavy luggage, but it's absolutely worth it once you arrive - really large and light apartment with Juliet balconies all round the main living space giving great views of the surrounding architecture and down on to the streets below.
Would heartily recommend Li's place if you're looking to spend 2 or 3 days in Palma.