Palma, Mallorca – What Defines the Property Market
Palma is the largest submarket of Mallorca, accounting
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Property for sale in Palma, Mallorca
Palma Villas, Apartments, Houses – Sea View, City Living and Town Homes
Palma de Mallorca is the home of the island’s capital city and accounts for around 20% of all properties currently...
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Palma de Mallorca is the home of the island’s capital city and accounts for around 20% of all properties currently...
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Palma Property for Sale by Price Band 2025
Below is a breakdown of properties for sale in Palma by price band, segmented by property type: villas/houses and apartments.
Data Highlights for Palma
The highest concentration of Palma villas and houses is in the €1.5–2M bracket, with notable proportions across the €1–7.5M range. Only a small share sit above €10M. Apartments are more moderately priced, with the majority under €1M and nearly a fifth in the €1–1.5M range.
Percentage of Palma Villas/Houses & Apartments in Each Price Band
| Price Band (EUR) | Villas & Houses (%) | Apartments (%) |
|---|---|---|
| €0–500K | 1.4 | 17.3 |
| €500K–1M | 12.7 | 35.7 |
| €1M–1.5M | 13.9 | 18.6 |
| €1.5M–2M | 16.3 | 13.9 |
| €2M–2.5M | 9.7 | 6.4 |
| €2.5M–3M | 10.1 | 4.0 |
| €3M–4M | 14.8 | 2.4 |
| €4M–5M | 5.4 | 0.0 |
| €5M–7.5M | 9.6 | 0.0 |
| €7.5M–10M | 3.8 | 0.0 |
| Over €10M | 2.4 | 1.7 |
Note: Data is based on our own analysis of live Palma listings on Kyero as end July 2025.
Read our latest article on what defines the Palma property market.
