The man, who was on holiday with friends in Palma, was found in the street at around 6am on Sunday (March 18), local newspaper Diario de Mallorca reports.
It is understood the 22-year-old lost his balance and fell through a void from his apartment balcony.
Efforts were made to resuscitate the man but he later died.
While no formal report has been issued by authorities in Palma, the man’s death is being treated as accidental.
A Foreign Office spokesperson said: “We are in touch with local police, and are providing bereavement advice to his family, following the death of a British man in Majorca.