Mallorca property, Mallorca apartments and villas
The Mallorca property market differs greatly from the general Spanish property market – mostly because of the geographic features of the island.
Mallorca, or its anglicised version, Majorca is a relatively small island covering 3,640 km2 with a population of approximately 800,000. The high point of the island is Puig Mayor at 1,445m. Although not that high, the fact that Majorca’s mountains are right on it’s north-west coast gives the island a dramatic terrain in a very compact space.
Half of the island’s population live in or around its capital city of Palma de Mallorca – meaning that Majorca boasts one of Europe’s most cosmopolitan capital cities, and is home to many areas of outstanding natural beauty.
The Mallorca property market is driven by these fundementals – with luxury Majorca apartments in the capital city commanding a 10% premium compared to the rest of the island and almost 200% compared to the Spanish national average.
Mallorca property prices have fared well compared to the rest of Spain – thanks mainly to the limited supply of properties on the island, and the fact that the number of new build Majorca properties entering the market has been reasonable.
The weather in Majorca is another factor positively affecting property sales, with its year-round mild climate attracting foreign buyers to a wide range of Mallorca property all across the island.
Whether it’s a luxury villa in Mallorca or a more modest Majorca apartment – this fantastic island has a great deal to offer. Find Majorca property using the links below or either of the Mallorca property searches at the top of every page of Kyero.com
Popular Mallorca property searches
Mallorca property prices, Mallorca house prices
| Q1 | Q2 | Q3 | Q4 | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2008 |
€ 453 K
|
€ 488 K
|
€ 497 K
|
€ 524 K
|
Currently, house prices in Mallorca are slightly lower than on the Balearic Islands as a whole. On average, property in Majorca costs more than double the national average of Spain. The Majorca property market appears to be more robust than elsewhere in Spain.
More information about Mallorca house prices.
- € 245,000
- Apartment
- Mallorca
- € 1,500,000
- Town House
- Mallorca
- € 6,000,000
- Country House
- Mallorca
Mallorca weather, Mallorca climate, temperature and rainfall
Average temperature in Mallorca (°C)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
| Spain | 7 | 7 | 11 | 13 | 16 | 22 | 24 | 24 | 20 | 16 | 10 | 7 |
| Mallorca | 10 | 10 | 13 | 14 | 18 | 24 | 26 | 26 | 22 | 19 | 14 | 11 |
Average rainfall in Mallorca (mm)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
| Spain | 50 | 48 | 55 | 44 | 47 | 13 | 8 | 18 | 39 | 78 | 60 | 55 |
| Mallorca | 55 | 65 | 29 | 45 | 42 | 12 | 18 | 34 | 58 | 61 | 120 | 81 |
What IS cheap Spanish property?
Is any property below €50,000 a cheap Spanish property? Are cheap Spanish properties only to be found at auction or as bank repossessions? How much below market value does a Spanish property need to be to be considered cheap?
Continue reading: What IS cheap Spanish property?
