The present invention relates to an improved permanent magnet bearing (1) for producing a substantially constant repulsion magnetic force (F), and comprising a fixed (2) and a rotatable (3) members endowed with pluralities of permanent magnets (21, 31) facing each other, a volume deformable cavity (4) containing a fluid (5) which is maintained at a substantially constant pressure by pressure means (7), for continuously exercising a pressure force to a lower surface (S) of the fixed member (2), modifying an airgap (Δz) between said fixed (2) and rotatable (3) members in response to a change of operating temperature and/or a change of said permanent magnets (21, 31) properties.