In this article we take a detailed look at property for sale in Pollensa. We have focused on price points up to €3M which accounts for 84% of the market in terms of listing volumes.
Properties from €300k to €500k
Our starting price bracket extends from €300k–€500k and around 12% of the properties we sampled fell into this range, with an average price for villas and houses of 2,603 €/m² and 3,036 €/m² for apartments.
The entry level price point for buying property in Pollensa is around €300k–€350k, and for this budget, except for the odd renovation house project, the options available are apartments. A majority of these apartments are in Port de Pollensa, with the odd exception in areas such as Cala Sant Vicenc.
Looking at prices beyond €350k, older 3-bed houses, both terraced and detached, become available in Pollensa and in more rural settings. At around €400k, 4-bed houses are listed, mostly traditional in style in or around Pollensa town.
Prices in Port de Pollensa are significantly higher, and for about €400k the houses here generally have a maximum of two or three bedrooms.
From €400k–€500k, larger apartments with 3 beds become available in Port de Pollensa, plus a good selection of modernised houses in different areas around the municipality.
Properties from €500k to €1M
Just over one third of all the properties for sale in Pollensa are priced within this bracket, which has an average price for villas/houses and apartments of €3,233 €/m² and €5,305 €/m² respectively.
From €500k, a much wider selection of houses - detached, semi-detached and terraced – are available with more spacious layout with four or five bedrooms becoming possible at around the €550k-€600k price points. Towards the €600k price point, there is a decent amount of modernised compact traditional homes.
Semi-detached or terraced villas and houses with communal pools become available at around the €600k, along with some village houses with 5-6 bedrooms.
At the upper end of this price bracket, from €800K-€1M, there is a good selection of spacious detached pool villas, with decent land plots and private pools, a mixture of traditional houses, new constructions completely reformed properties and country fincas.
If you want a sea-view house, the starting price is about €900k for a modest home - with most options not fully detached - nearly all of them in Port de Pollensa, although a few possibilities exist with distant ocean views in neighbourhoods around Pollensa town such as Calvari.
Sea view apartments are available in Port de Pollensa are available from €550K with 2-bedrooms but those with 3 or more bedrooms the entry point is around €800K.
Properties from €1M to €1.5M
Roughly 13% of the total availability of Pollensa properties fall into this price range, with average prices for villas and houses and apartments of €4,276 €/m² and €6,896 €/m².
€1M to €1.2M opens the door to a good selection of detached villas and houses in different areas around the municipality, excluding Port de Pollensa. From €1.2M, medium sized detached sea-view homes are an option.
Port de Pollensa is notably more expensive than the rest of Pollensa, and detached properties - without sea view - start here at around €1.2M with just a few options at that price point.
Between €1.2M and €1.5M, larger detached villas with substantial build areas, often 300-400 sqm, and 3 to 5 bedrooms are available. Also on the market in this price range is a decent selection of country estates, offered in good condition, often with expansive land plots over 10,000 sqm.
From €1M, 3-bed sea-view apartments are available in Port de Pollensa with second-row or oceanfront positions.
Properties from €1.5M to €2M
Regarding the number of properties on the market, similar numbers are priced between €1M to €1.5M to our price bracket before - the average price for villas and houses is 4,416 €/m² and for apartments 8,702 €/m².
In this price range, similar to the one before, there are very limited sea-view apartments available, the only options in fact are in Port de Pollensa for luxury new builds close to the ocean. At this higher price point, three and four bed units are available, with price being determined by proximity to the sea, contemporary style, and high-spec features such as lifts and premium close ocean views - build area being a secondary determinant of price.
In this price range, the vast majority of the villas and houses are detached, with only 12% being semi-detached or terraced. This price range offers an extensive choice of large, grand homes with low-density builds and extensive land plots affording more privacy. The few which are not fully detached are all new luxury builds or reformed modern classic turnkey offerings.
Properties from €2M to €3M
11% of the total stock in Pollensa falls into our top price bracket. The average price for villas and houses is €5,413 €/m² and for apartments €11,373 €/m².
So, what extra does our premium price bracket give you? Notably, the price per square metre of both property groups is in fact marginally lower at these luxury price levels than for the €1M to €2M range, indicating greater value for money in terms of build area.
In terms of apartments, not surprisingly, all of the properties occupy premium oceanfront positions in Port de Pollensa, with half of the units being penthouses with private pools. Living areas extend to around 300 m², some with four bedrooms.
80% of the villas and houses are fully detached – a third of these in Port de Pollensa – comprising a mixture of sprawling country estates, expansive luxury village houses and modern oceanfront developments. Those which are not detached are terraced homes commanding their premium price tag due to heritage architecture and historic old-town positions.
Appendix
- For our published €/m² values - for villas/houses and apartments in each price band - we have adjusted the figure from the live portal results downward by a factor of 24%. This factor was derived using our own methodology to give a cleaned price. This is necessary to account for duplicate listings and pricing anomalies to arrive at a figure which more accurately represents the market price.