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La Llotja (the Exchange) is a masterpiece of late-Gothic civil architecture, built in the mid-15th century by Mallorcan architect Guillem Sagrera as the city's mercantile exchange. Its elegant interior, with spiralling columns that branch into fan vaults, is one of the finest secular Gothic halls in the Mediterranean.
Built between 1420 and 1452, La Llotja served Palma's prosperous merchant community during the height of Mediterranean trade. Architect Guillem Sagrera later went on to build the Castel Nuovo in Naples. The building was declared a national monument in 1931.