Price Guide 2026Spain

Palma de MallorcaAverage Rent

Palma is currently grappling with a severe supply-demand imbalance as restrictive zoning laws meet an insatiable appetite from international ultra-high-net-worth investors. While new-build residential hubs like Nou Llevant are adding much-needed stock, they are being positioned as luxury products rather than relief for the local market. Our verdict: Palma has cemented its status as a 'safe haven' asset, where high entry costs are justified by resilient capital appreciation and a permanent shift toward year-round luxury living.

Avg Buy

€6,393per m²

Avg Rent

€21.9per m²

Districts Analysed

10🏙️
10 Neighborhoods

Frequently Asked Questions

Q:Are there restrictions on holiday rentals in Palma?

Q:What are the typical closing costs for buyers in Mallorca?

Q:How has the 'Digital Nomad Visa' impacted the rental market?