Mallorca property prices and rental yields
Area of Illes Balears, Spain
Home prices in Mallorca rose 6.4% a year on average from 2016 to 2025, the 2nd fastest of 3 areas in Illes Balears. Local rents are not published, so Illes Balears's rental yield of 6.9% is shown. A square metre cost €3,609 in 2025.
Updated 2026-10-28 · Data 2015–2026 so far
Price growth
+6.4%
a year, 2016–2025
Rental yield
6.9%
12-month lets, gross, 2016–2025 average, Illes Balears figure
Price per m²
€3,609
2025
Price growth in 2026 so far
+13.1%
on the same months of 2025
Price growth by year
% change on the year before
How Mallorca compares
Mallorca
Illes BalearsPrice growth+6.4%
Rental yield6.9%
Price per m²€3,609
Price growth+6.9%
Rental yield6.9%
Price per m²€3,609
Questions
What is the average property price per m² in Mallorca?
€3,609 per m² in 2025, from Ministry of Housing and Urban Agenda (MIVAU).
How much have property prices risen in Mallorca?
+6.4% a year on average from 2016 to 2025, and +13.1% in 2026 so far.
What rental yield can you get in Mallorca?
No local rent figures are published for Mallorca; Illes Balears's average gross yield was 6.9% in 2016–2025.
Sources
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