One eyewitness claimed that it was an accident waiting to happen because the victim was apparently climbing from balcony to balcony.
The incident occurred at 4.35am and the Local Police, Guardia Civil and a team of paramedics and an ambulance were on the scene within minutes.
The paramedics began administering medical assistance to the victim at the scene due to the extent of his serious injuries to his legs and multiple injuries to the rest of his body.
Once in a stable condition, he was rushed to Son Espases Hospital where medical sources reported that the teenager had either been under the influence of alcohol or drugs at the time of the fall.
Sources also revealed that the victim had only just arrived on Majorca and was due to stay until next Tuesday.
Police said that the fall was about ten metres and, according to medical experts, he was lucky to have landed on his feet.
Had he landed in any other position, doctors said that he would have probably died. The victim was on holiday with four friends and they were seriously shocked by the incidents.
So much so that the police had to ease the tension and calm the situation down as the four lads feared for the welfare of their injured friend.
The Guardia Civil have been put in charge of the investigation and spent most of yesterday talking to eyewitnesses and the victim's holiday companions.
The incident comes just weeks after the British government launched a campaign to prevent any more balcony incidents this summer.