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Balearic Islands: Housing Becomes a Luxury — Who Will Stay on the Island?

How Rising Housing Prices Are Affecting Palma

Palma is under strong housing pressure as prices rise and long-term homes become harder to find for residents.

Published: April 22, 2026
Balearic Islands: Housing Becomes a Luxury — Who Will Stay on the Island?

Answer

Is Palma affected by the housing price rise in Mallorca?

Yes, Palma is clearly part of the pressure on Mallorca’s housing market, especially in sought-after areas such as the city centre and the Passeig del Born. Higher demand and limited supply make both buying and renting more difficult for residents. The effects are visible not just in prices, but also in the changing mix of shops, services and daily life.

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