Mallorca Insights

Balearic Islands top real estate prices in Spain

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According to the real estate portals Idealista and pisos.com, the Balearic Islands are currently the front-runners when it comes to real estate prices in Spain, ahead of major cities such as Madrid and Barcelona. On average, the square meter of living space costs EUR 3,360, which represents a price increase of just under 7 percent compared to the same month in April 2021.

The trend is further increasing prices throughout Spain.

So who wants to invest in a property in Mallorca, should not hesitate too long. The demand is great, especially from foreigners who understand in a villa or apartment in Mallorca not only a beautiful second home, but consider the property as an investment.

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