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Almost every second property in the Balearic Islands in foreign hands – what does this mean for Mallorca?

How Mallorca property prices compare with the rest of Spain

Mallorca property prices sit well above the Spanish average, especially in high-demand coastal and inland areas.

Published: April 22, 2026
Almost every second property in the Balearic Islands in foreign hands – what does this mean for Mallorca?

Answer

Are property prices in Mallorca higher than in the rest of Spain?

Yes, prices in Mallorca are generally above the Spanish average, especially in popular municipalities. The average price was reported at around €3,811 per square meter, which is well above the national level. In areas with strong international demand, the gap can be even more noticeable.

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