What is the average price of a house in Majorca?

Typical house in Mallorca Average buying price — 650 000 – 750 000 €.



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According to property website Idealista, Petra is the cheapest place in Mallorca to buy a home. The average price per square metre in Petra is 1,173 euros. This is more than 200 euros cheaper than the second cheapest - Felanitx at an average of 1,383 euros.

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The Bank of Spain predicts a return of 10% for the Spanish real estate market in 2023. In layperson's terms, buying property in Spain is considered a safe investment. It's highly unlikely that you'll lose any money if you take the plunge – provided you seek expert guidance and support throughout the buying process.

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The richest towns are Valldemossa with 19,225; Escorca with 17,687; Deya with 17,231; Puerto Soller with 16,634 and Puigpunyent with 16,110. The least wealthy areas are Calvia with 14,120, followed by Banyalbufar with 14,848 and Esporles with 14,516.

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Where is the best area to live in Mallorca as a foreigner?
  • Pollensa and Puerto de Pollensa. ...
  • Artà and Capdepera. ...
  • Marratxí ...
  • Santanyí ...
  • Andratx and Port d'Andratx. ...
  • Calvià ...
  • Llucmajor. ...
  • Santa María, Binissalem y Alaró (central zone)


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Areas to avoid If you're after something more relaxed, do stay away from Magaluf and Palma Nova as these places are where you'll find a lot of the 18-30's groups, along with English-style pubs, a big drinking culture and all-night parties. They are also jam-packed during the peak tourism months of July and August.

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Undoubtedly, the most beautiful places to stay in Mallorca are concentrated in the Tramuntana Mountains, which dominate the western flank of the island. If you want to stay in an idyllic mountain village, we recommend Sóller, Deià, or Valldemossa.

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