Engel & Völkers

MARKET REPORT

Property prices from 2025 in Palma

HouseApartment
Source: Based on surveys by Engel & Völkers for Palma

How are house and flat prices currently evolving in Palma? Discover the real estate prices in Palma over the last years and find out how much a square metre will cost in 2025.

Average house purchase price

Ø 4069 €/m²

Average flat purchase price

Ø 4957 €/m²

Based on surveys conducted by Engel & Völkers for Palma.

House & apartment prices in Palma

How are house and flat prices currently performing in Palma? Discover property prices in Palma over the last years and find out how much a square metre costs in 2025.

Development of square metre prices for apartments

YearPriceChange from the previous year
2025
€4,919.83/m²
+9.27%
2024
€4,502.29/m²
+14.46%
2023
€3,933.59/m²
+9.81%
2022
€3,582.18/m²

Development of square metre prices for houses

YearPriceChange from the previous year
2025
€5,086.64/m²
+7.97%
2024
€4,711.32/m²
+14.44%
2023
€4,116.75/m²
+7.31%
2022
€3,836.49/m²

Source: EV DWH

How much is my property worth?

Receive your digital valuation instantly

  • Free
  • Confidential
  • Non-binding

Based on 35 million pieces of real estate data

Engel & Völkers Market report

Receive the current market report for Spain to best support your real estate decision. We analyze all relevant market information for you transparently and clearly in selected cities.

city image

Market Report

Get the Market Report

Stay updated on the key trends and developments in the real estate sector. From regional market analyses to growth opportunities, the report provides valuable insights to make informed decisions.

undefined undefined

FIND THE BEST PROPERTIES

Exclusive properties in Palma

marketing type
Charming Villa in El Terreno
New

El Terreno, Palma, Balearic Islands, Spain

Charming Villa in El Terreno

€2,950,000

  • 4 Bedrooms
  • 4 Bathrooms
  • ~340 m² Living area
  • ~481 m² Plot surface
Wonderful new build apartment in Palma
New

Ponent District, Palma, Balearic Islands, Spain

Wonderful new build apartment in Palma

€1,100,500

  • 2 Bedrooms
  • 2 Bathrooms
  • ~86 m² Living area
  • ~24 m² Terrace surface
Bright new build apartment in good location
New

Son Armadams, Palma, Balearic Islands, Spain

Bright new build apartment in good location

€785,000

  • 2 Bedrooms
  • 2 Bathrooms
  • ~74 m² Living area
  • ~33 m² Terrace surface
Real estate for sale in Palma

The above search results are displayed by Engel & Völkers GmbH, as the sole technical operator of the real estate platform integrated into this website, in accordance with your search criteria. The respective providers are solely responsible for the content of the individual offers, whose provider information can be found in the advertisements.

ENGEL & VÖLKERS SHOPS

Real estate agents for your sale in Palma

Competence, exclusivity, and passion, make us stand out as much as our tailor-made service – from the individual first consultation all the way to a successful signing of the contract. Our team of first-class real estate agents are ready to support you every step of the way.

Palma Beach

Open

Closes at 6 pm

Tuesday

9 am - 6 pm

Wednesday

9 am - 6 pm

Thursday

9 am - 6 pm

Friday

9 am - 6 pm

Saturday

Closed

Sunday

Closed

Monday

9 am - 6 pm

Mallorca Southwest Rentals

Open

Closes at 6 pm

Tuesday

10 am - 6 pm

Wednesday

10 am - 6 pm

Thursday

10 am - 6 pm

Friday

10 am - 6 pm

Saturday

Closed

Sunday

Closed

Monday

10 am - 6 pm

Palma Southwest

Open

Closes at 6 pm

Tuesday

10 am - 6 pm

Wednesday

10 am - 6 pm

Thursday

10 am - 6 pm

Friday

10 am - 6 pm

Saturday

Closed

Sunday

Closed

Monday

10 am - 6 pm

Son Vida & Palma Surroundings

Open

Closes at 6:30 pm

Tuesday

10 am - 6:30 pm

Wednesday

10 am - 6:30 pm

Thursday

10 am - 6:30 pm

Friday

10 am - 6:30 pm

Saturday

10 am - 2 pm

Sunday

Closed

Monday

10 am - 6:30 pm

Portals

Open

Closes at 6 pm

Tuesday

10 am - 6 pm

Wednesday

10 am - 6 pm

Thursday

10 am - 6 pm

Friday

10 am - 6 pm

Saturday

Closed

Sunday

Closed

Monday

10 am - 6 pm

Santa Maria

Open

Closes at 1:30 pm

Tuesday

9:30 am - 1:30 pm, 2 pm - 6 pm

Wednesday

9:30 am - 1:30 pm, 2 pm - 6 pm

Thursday

9:30 am - 1:30 pm, 2 pm - 6 pm

Friday

9:30 am - 1:30 pm, 2 pm - 6 pm

Saturday

Closed

Sunday

Closed

Monday

9:30 am - 1:30 pm, 2 pm - 6 pm

Santa Ponsa

Open

Closes at 6 pm

Tuesday

10 am - 6 pm

Wednesday

10 am - 6 pm

Thursday

10 am - 6 pm

Friday

10 am - 6 pm

Saturday

Closed

Sunday

Closed

Monday

10 am - 6 pm

Alaró

Open

Closes at 1:30 pm

Tuesday

9:30 am - 1:30 pm, 2 pm - 6 pm

Wednesday

9:30 am - 1:30 pm, 2 pm - 6 pm

Thursday

9:30 am - 1:30 pm, 2 pm - 6 pm

Friday

9:30 am - 1:30 pm, 2 pm - 6 pm

Saturday

Closed

Sunday

Closed

Monday

9:30 am - 1:30 pm, 2 pm - 6 pm

Puerto Andratx

Open

Closes at 6 pm

Tuesday

10 am - 6 pm

Wednesday

10 am - 6 pm

Thursday

10 am - 6 pm

Friday

10 am - 6 pm

Saturday

Closed

Sunday

Closed

Monday

10 am - 6 pm

Inca

Open

Closes at 1:30 pm

Tuesday

9:30 am - 1:30 pm, 2 pm - 6 pm

Wednesday

9:30 am - 1:30 pm, 2 pm - 6 pm

Thursday

9:30 am - 1:30 pm, 2 pm - 6 pm

Friday

9:30 am - 1:30 pm, 2 pm - 6 pm

Saturday

Closed

Sunday

Closed

Monday

9:30 am - 1:30 pm, 2 pm - 6 pm

Buy a property

Find property in Palma

Discover first-class real estate in the most beautiful regions. Whether you are looking for a home in a vibrant metropolitan area or in the countryside – our experts will help you find your personal dream home.

Cities in Spain: evolution of property price

WHAT WE OFFER

Our services for you

The process of purchasing or selling real estate is not an easy process, and effective real estate sales requires in-depth specialised and market knowledge. We are here to provide our experience and expertise to you.

Laptop and documents with diagrams

Valuate a property

We valuate your property online and on-site. Discreetly, fast, and with a first-class service.

Man showing woman something on a laptop

Sell a property

Sell your property hassle-free thanks to our seamless selling process.

Real estate exposes on a shelf

Buy a property

Dive into our exclusive offers for exquisite luxury properties.

Locations

Find your locations in Palma

For more information

Contact us

Engel & Völkers Mallorca

Calle Isaac Peral 50

07157 Puerto de Andratx

Tel: +34 971 23 85 84
OSZAR »