Palma de Mallorca

A Guide for Property Buyers and Investors

About Palma de Mallorca

Palma de Mallorca is a municipality of Balearic Islands province. It includes the areas of Can Pastilla, Es Coll de'N Rabassa, Es Pil.lari, Es Secar de la Real, Establiments, Gènova, Palma, Palma de Mallorca, Platja de Palma, S'Aranjassa, Sa Casa Blanca, Sa Creu Vermella, Sa Indioteria, Sa Vileta, Sant Agustí, Sant Jordi, Son Sant Joan and Son Sardina. It has a population of 399,093 people.

The average house price in October 2015 was €563,666 - a rise of 9.4% on the previous year. International buyers make up 42.4% of the property market and the population of Palma de Mallorca has grown by 65,168 (20%) since 2000.

Market activity in Balearic Islands province is currently 58% below its peak in 2006. There were 3,315 property transactions registered in Q2 2015.

Closest airports

  • Palma de Mallorca Airport
    4.5 miles (IATA code: PMI)
  • Ibiza Airport
    83.7 miles (IATA code: IBZ)
  • Menorca Airport
    86.1 miles (IATA code: MAH)

Climate and weather

Average monthly temperatures in Palma de Mallorca (°C)

Dry days Rainfall Avg Min Max
Jan 19 34.3mm 16°C -4°C 22°C
Feb 19 37.4mm 16°C -4°C 24°C
Mar 22 20.2mm 18°C -3°C 29°C
Apr 20 35.1mm 20°C -1°C 29°C
May 23 29.6mm 24°C 2°C 34°C
Jun 25 14.9mm 28°C 8°C 41°C
Jul 28 10.0mm 31°C 8°C 40°C
Aug 27 15.8mm 32°C 11°C 41°C
Sep 21 56.4mm 28°C 8°C 38°C
Oct 19 63.4mm 24°C 4°C 33°C
Nov 17 57.7mm 19°C -1°C 27°C
Dec 18 43.0mm 16°C -3°C 24°C

Get priority access to news and official data on the Spanish property market

Average property price €563,666

  • Annual change 9.41%
  • Monthly change 15.11%
Property type Average price
1 bedroom €114,416
2 bedrooms €286,666
3 bedrooms €483,000
4 bedrooms €892,333
5 bedrooms €1,121,666

Based on the median asking price of all property in Balearic Islands province listed at

About Kyero

These prices are calculated at the start of each month based on the median prices of all properties listed with Kyero. We provide international buyers with over 200,000 properties from 3,000 agents for sale and to rent throughout mainland Spain and the islands.

Property for sale in Balearic Islands