Illes Balears property prices and rental yields
Region of Spain
Home prices in Illes Balears rose 6.9% a year on average from 2016 to 2025, the 4th fastest of 19 regions in Spain. Local rents are not published, so Spain's rental yield of 6.9% is shown. A square metre cost €3,609 in 2025 (70% above the Spain level of €2,128).
Updated 2026-10-28 · Data 2015–2026 so far
Areas of Illes Balears
| Eivissa y Formentera | +6.4% | 6.9%* | €3,609 |
|---|---|---|---|
| Mallorca | +6.4% | 6.9%* | €3,609 |
| Menorca | +6.4% | 6.9%* | €3,609 |
Price growth: 2016–2025, compound average per year, in the country's own currency, before inflation. Rental yields: 12-month lets, gross. Price per m²: latest year, from the best published source for each area. * Figure of the larger area: no local data. – no data.
Price growth by year
% change on the year before
How Illes Balears compares
Questions
What is the average property price per m² in Illes Balears?
€3,609 per m² in 2025, from Ministry of Housing and Urban Agenda (MIVAU). It ranges from €3,609 in Eivissa y Formentera to €3,609 in Menorca.
How much have property prices risen in Illes Balears?
+6.9% a year on average from 2016 to 2025, and +13.7% in 2026 so far.
What rental yield can you get in Illes Balears?
No local rent figures are published for Illes Balears; Spain's average gross yield was 6.9% in 2016–2025.
Which area of Illes Balears had the highest price growth?
Eivissa y Formentera, at +6.4% a year from 2016 to 2025, ahead of Mallorca at +6.4%.
Sources
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