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Balearic Islands want to adapt rent subsidies to island realities

Rent Prices in La Llotja and Paseo Marítimo, Palma

La Llotja and Paseo Marítimo in Palma are among Mallorca's priciest rental areas.

Published: April 22, 2026
Balearic Islands want to adapt rent subsidies to island realities

Answer

What are rent prices like in Palma's La Llotja and Paseo Marítimo areas?

These are among the more expensive parts of Palma, where rental prices have risen for years. In places like La Llotja and along the Paseo Marítimo, many tenants find that even small rooms can be expensive. That is one reason why the current national subsidy caps are seen as too low for Mallorca.

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