Property prices in Palma de Mallorca, Balearic Islands
Homes in Palma de Mallorca are appraised at an average of €3,815 per m² — 1,274 official valuations in April – June 2026. Over 12 months the value changed by +14.3%.
| Segment | Per m² |
|---|---|
| All homes | €3,815 |
| Up to 5 years old | €4,411 |
| Older than 5 years | €3,792 |
| 12 months | +14.3% |
| Appraisals | 1,274 |
Official mortgage appraisals for April – June 2026: Ministerio de Vivienda y Agenda Urbana — valor tasado de vivienda libre. An appraised value is what licensed valuers put on homes for mortgages; it is not a sale price and usually sits below asking prices. Towns with fewer than 50 appraisals in the quarter are not shown.
Questions and answers
- How much does property cost per m² in Palma de Mallorca, Balearic Islands?
- Homes in Palma de Mallorca are appraised at an average of €3,815 per m² — 1,274 official valuations in April – June 2026. Over 12 months the value changed by +14.3%.
- Where do these figures come from?
- From the official source — Ministerio de Vivienda y Agenda Urbana — valor tasado de vivienda libre — for April – June 2026. GREM refreshes the page from that source every week.