In Palma, I love the Hospes Maricel Hotel. I assure you, it�s far from the hoi polloi that often plague some of the Balearic Islands. It�s small and intimate, with under thirty rooms and the service is excellent. What I enjoy most is the privacy.
http://www.concierge.com/destination/balearici slands/hotels/detail?hotelId=2047&destinationG uide=true
http://www.epoquehotels.com/h.php/mallorca-hot els/boutique-hotel/h/hospesmaricel/l/en/
If you don�t mind driving to the North, then I�d recommend staying in Pollen�a, then I�d recommend the Son Brull Hotel & Spa, which is built within an 18th century Monastery. Again, in keeping with my own preferences, the hotel is quiet and removed from all the noise and bustle that can sometimes rob us of our relaxation.
http://en.escapio.com/hotel/son-brull-hotel-sp a
Those two would be may favourite. I should point out that they are not actively promoted within the UK, instead drawing much of their guest base from other locations.
Finally, if you�re looking for an original rustic Finca, you might be interested in the following:
http://www.fincasinprisa.blogspot.com/
Good travels
Fr Bill