What’s Actually for Sale in Mallorca in 2025?
Many articles about buying property in Mallorca focus on trends, prices, or general demand, but few take a hard look at the supply side, broken down by property type, price range, and build status. In this article, we cut out preconceptions and go straight to the data.
We broke down approximately 14,000 Kyero listings, one of the leading Spain-focused portals, by property type (villa/house vs. apartment), price range, and listing type (resale vs. new build), and also examined the proportion of contemporary-style villas among new builds. We also zoom in on Andratx as a luxury case study, comparing its pricing levels to the rest of Mallorca to quantify the premium it commands using Idealista data going back to 2008.
Our goal is to give buyers a clear, up-to-date picture of what’s available right now, along with a better understanding of pricing levels. One notable figure: across all residential property types, 59% of homes in Mallorca are priced above €1 million, a statistic that highlights prevalence of luxury supply. By examining the share of new builds in the higher price brackets, we can also get a sense of where the market may be heading.
Price Distribution of Villas: Mallorca vs Andratx
Mallorca is world famous for being a luxury real estate investment destination and this reputation is well deserved. Our own data shows that nearly 30% of all villas are priced from €3 million and there is a diverse supply of homes listed well beyond this level. And at the very top end of the market, super-luxury properties command price tags of €20 million or more.
The presence of so many high-end listings not only skews the statistical average but also distorts public perception. Many buyers assume that most villas are out of reach. This misunderstanding has led some potential investors to believe that houses are beyond their budget, and that they should only focus on apartments.
In reality, our data tells a different story. The price band with the highest number of listings is €500,000 to €1 million, and over half of all villas are priced up to €2 million. This shows that while Mallorca is undoubtedly a high-value market, it still offers a diverse range of villas and houses for mid to upper-tier international buyers, not just the ultra-wealthy.
But this distribution shifts significantly when we look at Andratx. In this prime coastal municipality, pricing starts higher and stays higher. 86 percent of villas in Andratx are priced above €1 million, and 43 percent exceed €3 million. Only 34 percent of listings are priced up to €2 million, compared with more than 50 percent across the island as a whole. This reflects pricing that is significantly more aligned with the luxury sector, not just at the top end, but across the entire Andratx villa market, making it one of the densest concentrations of high-value properties in Mallorca.
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Mallorca Apartments: €400,000–500,000 Is the Most Common Price Band
Villas dominate the luxury end of the market, but apartments in Mallorca offer a much broader range of accessible entry points. We analysed the current supply on Kyero using €100,000 intervals. The most common price band for apartments is €400,000 to €500,000, accounting for 13% of listings. The €300,000 to €400,000 and €500,000 to €600,000 brackets are close behind, each representing another 13%. Unlike the villa segment, apartment listings are less skewed toward the high end. Roughly half of all apartment listings are priced below €700,000, while only around 31% are priced above €1 million.
This makes apartments a viable option for buyers seeking convenience and low maintenance, as well as for investors targeting easy-to-manage properties suited to rental yield or seasonal occupancy. While apartments are more accessible to the average property investor, it’s important to recognise that they remain relatively expensive on a price-per-square-metre basis. In many cases, the premium for outdoor space, privacy, and lifestyle appeal makes upgrading to a house or villa a worthwhile consideration, particularly for buyers planning extended stays or regular family use.
While villas in Mallorca skew heavily toward the luxury end, with 30 percent priced from €3 million, three times the upper limit of the most common price band (€500,000 to €1 million), apartments show a different profile. For apartments, three times the upper limit of the most common price band (€500,000) is €1.5 million, yet only 16 percent of listings are priced from that level. This shows that apartment pricing is more tightly distributed around its most common price point, with a much smaller proportion present in the luxury sector. In short, compared to villas, apartments in Mallorca have less of a luxury focus.
Data: Kyero June 2025
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Mallorca Villas: New Build Share by Price Segment
The higher the price point, the more prevalent new builds become. While only 13% of villas below €3 million are newly built, that figure rises to 19% above €3 million. This is a clear directional trend – new builds are entering the market disproportionately in the higher price bands, which likely indicates where average pricing may be heading. If this pattern continues, the Mallorca villa market is likely to keep migrating further into the luxury segment.
| Up to €3M | Over €3M | |
|---|---|---|
| Resale % | 87% | 81% |
| New Build % | 13% | 19% |
Data: Kyero June 2025
Andratx Case Study: The Luxury Factor
Andratx has long been regarded as one of Mallorca’s most exclusive municipalities, and the data backs that up. More than 60% of villas listed in Andratx are priced above €2 million, and nearly 10% exceed €10 million.
How Much More Are Villas in Andratx?
To quantify Andratx’s premium, we compared its price per square metre to the Balearic Islands average using Idealista data. While the index covers the entire region, Mallorca accounts for over 80% of all Balearic property listings across Kyero and Idealista, making it a reliable benchmark.
Over the past 24 months, property in Andratx has consistently commanded a premium of 53% to 65% above the regional average. The premium narrowed slightly during 2023, but rose again through late 2024 and early 2025, reinforcing Andratx’s position as a structurally premium market.
Source: Idealista, June 2025 – Price evolution of housing for sale in Baleares
Andratx: What Style Are New Builds?
Contemporary design truly dominates new builds in Andratx. According to Kyero data, 78% of new builds fall into the contemporary category, while just 22% are more traditional in style.
| Percentage | |
|---|---|
| Contemporary | 78% |
| Not Contemporary | 22% |
Data: Kyero June 2025
This design trend isn’t accidental. Developers are responding directly to the tastes of affluent international buyers, who prioritise open-plan layouts, clean lines, and seamless indoor-outdoor transitions. In locations like Andratx, where views are a key selling point, contemporary and organic-modern styles maximise light and visual impact.
Style also follows strategy. Contemporary villas not only meet market expectations, they also command higher margins and faster resale potential. In a supply-constrained environment like Mallorca, especially in the luxury segment, developers are incentivised to build what sells best at premium price points.
Mallorca Property: The Luxury Bias
The shape of Mallorca’s property market is nuanced, defying simplistic labels. It’s easy to assume it’s entirely luxury, and equally easy to assume that, because the most common price bracket for villas is under €1 million, the luxury share may be small. Both assumptions are wrong.
In reality, Mallorca offers a broad spectrum of pricing. It remains accessible to mid- and upper-tier international buyers who aren’t ultra-wealthy, but at the same time, the proportion of high-value properties is unusually large. Across all listings, our analysis shows 59% of homes are priced above €1 million, and among villas, that figure rises to 71%. These are not edge cases, they represent the structural norm.
Around 30% of villas are priced above €3 million, and the island has a deep, consistent supply of homes in the €5M–€10M+ range, a level of luxury density consistent with the world’s top-tier lifestyle and investment destinations.
To put that in perspective, only 9% of homes in London are currently valued above £1 million (source: Savills Feb 2025). Even allowing for currency differences, the contrast is stark. In Mallorca, high-value listings aren’t just present, they’re statistically far more common.
This is what defines Mallorca as a luxury property destination: not record-breaking top-end prices, but a flattened distribution with a wide spread of listings, from the most common price points to the most exclusive. In most markets, luxury homes sit at the margins. In Mallorca, they’re a core part of the supply.
Looking Ahead
Mallorca has proven, time and again, that it can absorb shocks without losing its footing. Since 2008, property prices in the Balearic Islands have more than doubled – an annualised increase of around 4.5% – despite some of the most disruptive global events in recent history. From the Global Financial Crisis and Eurozone debt turmoil to COVID-19, the Ukraine war, and the recent inflation spike, Mallorca has demonstrated a rare consistency: a steady, upward trajectory supported by strong fundamentals.
Part of this resilience lies in the structure of demand. Unlike markets tied closely to local income or lending cycles, Mallorca is driven by international, often cash-rich buyers, seeking lifestyle value, long-term security, and capital diversification. Limited land availability and strict planning rules add further friction to supply, making sharp price corrections less likely.
2025 has brought new volatility, driven by geopolitical uncertainty and aggressive U.S. trade policy. Yet current economic forecasts suggest a very different backdrop from 2009. Whereas the Global Financial Crisis saw Mallorca’s core buyer economies contract by nearly –4%, this year they are forecast to grow by more than +2% on average (source: US Tariffs and Mallorca Property). Lending remains available. Tourism is thriving. And buyer interest has held up well through early-year uncertainty.
While short-term sentiment may fluctuate, the underlying trajectory remains intact. With a diverse selection of properties, from more widely accessible price points extending all the way to the super luxury, rising international recognition, and structural insulation from the credit-driven boom-and-bust cycles seen elsewhere, Mallorca enters the second half of 2025 from a position of strength.
Appendix: About the Data
While both Kyero and Idealista offer a broad representation of properties for sale in Mallorca, there are two important limitations to note. First, many ultra-luxury homes are sold off-market or through private networks, meaning they are underrepresented in portal listings. Second, some listings may appear on both platforms, but since our analysis is based on percentage distributions rather than absolute counts, duplication does not materially affect the conclusions.
