How much will an apartment in Mallorca cost in 2026? Average price by area

InMallorca Inmobiliaria
May 6
1 min read

The real estate market in Mallorca remains one of the most active in Spain. If you're thinking of buying, selling, or simply want to know the value of your property, this article provides a realistic overview of the current market.

Palma de Mallorca — City Center and Historic Quarter

The most sought-after area in the capital. The average price per square meter ranges from €3,500 to €5,000, depending on the condition of the property and the floor. Renovated properties with terraces are particularly popular.

West Palma — Genoa, Son Armadans, El Terreno. Highly sought-after residential area for families and foreign buyers. Prices between €2,800 and €4,000/m². High demand for villas and ground-floor apartments with gardens.

Palma Oeste — Génova, Son Armadans, El Terreno

Highly sought-after residential area for families and foreign buyers. Prices range from €2,800 to €4,000/m². High demand for villas and ground-floor apartments with gardens.

North of Mallorca — Alcúdia, Pollença, Sóller

The north attracts mainly international buyers looking for second homes. Prices vary considerably: from €2,500/m² in more distant areas to €6,000/m² on the beachfront.

South and inland — Llucmajor, Campos, Porreres. The most affordable area on the island. Ideal for local buyers or investors. Prices between €1,800 and €2,800/m². Good value for money.

South and interior — Llucmajor, Campos, Porreres

The most affordable area on the island. Ideal for local buyers or investors. Prices between €1,800 and €2,800/m². Good value for money.

What factors most affect the price in Mallorca?

Beyond the area, the factors that have the greatest impact on the price are: sea views, terrace or garden, parking included, state of renovation and proximity to services and schools.