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Alegria Real EstateBuying apartments in Mallorca is almost as common as purchasing sea-view houses or villas in Spain. These real estate types constitute over 80% of all transactions on the island.
Our extensive catalogue currently includes almost 2 apartments and flats in Mallorca at a minimum sale price of 605626 euros. As a rule, the average time required to sell an apartment in Mallorca, Spain, ranges from 2 to 4 months.
- The average sale price is €150,000.
- The average price per 1 m² is around €3,000.
- The lowest cost of apartments in Mallorca is €605626.
- The value of the most expensive residence with sea views is €5 million.
- The average price to buy an apartment in Mallorca has increased by 10% over the past year.
| Real estate type | The lowest price (€) | Average price (€) |
|---|---|---|
| Studio | 120,000 | 150,000 |
| 1-bedroom | 150,000 | 180,000 |
| 2-bedroom | 200,000 | 250,000 |
| 3-bedroom | 250,000 | 300,000 |
| 4-bedroom | 300,000 | 400,000 |
| 5-bedroom | 400,000 | 500,000 |
- The minimum area is 100 m².
- The average size of flats in Mallorca is 120 m².
- The largest area is 250 m².
Buying a flat in Mallorca no longer leads to a residence permit: Spain's Golden Visa, which used to grant residency for a property investment of €500,000 or more, was abolished on 3 April 2025. You can still purchase freely, but residency now requires a separate visa (non-lucrative, digital-nomad or work/study).
Apartments for sale in Mallorca
Are you looking for luxurious apartments for sale in Mallorca? You have a fantastic selection of top-quality properties with finishes and amenities, from spacious penthouses with rooftop terraces to cosy studios in the Old Town. The largest island in the Balearic archipelago offers a unique blend of traditional culture and modern amenities. If you are searching for your dream home in a beautiful and exciting location, look no further! This amazing place includes stunning properties in desirable areas like Calviá, Palma and Puerto Portals.
Experience the best of Mallorcan living in one of the exquisite properties with sea views. This place includes luxurious housing units in prime locations boasting breathtaking landscapes, spacious interiors and top-notch finishes. From trendy flats for sale in Mallorca in stylish neighbourhoods to traditional villas with lush gardens, you have something for every taste and budget.
The island is a tropical paradise with a rich history and culture, and local properties offer the perfect blend of serenity and convenience. Enjoy easy access to its famous beaches, hiking trails and historic landmarks, while relaxing in the comfort of your own home. You have a diverse range of housing units, from modern high-rises to traditional buildings, each with its own unique character and charm.
Are you eager to feel the island’s magic? You have the perfect opportunity to make your dream a reality. From the bustling streets of Palma to the serene countryside, we have a range of properties to suit every lifestyle and budget. Whether you are looking for a cosy retreat or a premium-class holiday, you will definitely find it on the island.
Reasons for investing in an apartment in Mallorca
Investing in an apartment in Mallorca is indeed a smart decision. Here are some of the reasons why you might want to invest in such a property:
- Beautiful location: The island boasts stunning beaches and gorgeous landscapes. Apartments in Mallorca for investment will provide you with a beautiful place to retire or enjoy your holidays.
- Strong rental demand: With its mild climate and growing tourism industry, the island experiences strong demand for rental properties, particularly in popular areas like Palma and the coast. This means that you can earn a steady income from renting out your real estate when you are not using it.
- Investment potential: Apartments in Spain offer a great opportunity for a sound investment, as the island's real estate market is growing steadily. As per recent reports, apartment prices in Mallorca have increased by an average of 7% per year over the past few years.
- Tax benefits: As a non-resident homeowner, you can benefit from favourable tax laws. For example, you’ll not pay inheritance tax or capital gains tax on the sale of your home, which helps increase your returns on investment.
- High quality of life: The island boasts the highest quality of life, featuring beautiful landscapes, rich culture and a vibrant social scene. Investing in an overseas property can grant you access to a luxurious and relaxing lifestyle.
- Growing tourism industry: The tourism industry is rapidly expanding here, with more and more visitors discovering the island's natural beauty and rich cultural heritage. Investing in real estate in such a sought-after place offers a consistent flow of rental revenue all year long.
- Affordable prices: Local prices are more affordable than in other popular European destinations. This makes it an attractive investment opportunity for those seeking to own a piece of paradise without breaking the bank.
- Sustainable tourism model: The island is committed to sustainable tourism, aiming to reduce its environmental impact while promoting economic growth. This could enhance the benefits of investing in this region.
Overall, domestic investments can provide you with a mix of financial benefits, lifestyle advantages and long-term growth potential.
Buying apartments in Mallorca
When purchasing a property in Spain as an investment, remember to consider various factors such as location, social infrastructure and potential rental income. With proper planning and the assistance of a knowledgeable real estate agent, buying a cosy home on the island can be a rewarding experience. You can find trustworthy real estate companies, explore a wide range of properties, including off-plan projects, with excellent features and receive guidance on any matter at Global-Property.Investments.