Palma, Mallorca

House prices in Palma rose by 0.8% in February.

03-03-2021A. S.

According to the latest report from the property website Idealista, house prices in the Balearics rose by 0.7% in February to an average of 3,129 euros per square metre. The percentage increase was greater than in other regions, and the price itself was the highest. Behind the Balearics were Madrid (2,877 euros) and the Basque Country (2,669 euros).

The report indicates that house prices in the Balearics in February were a record for the islands and they had gone up by 2.2% compared with February 2020.

For the purposes of comparisons at provincial level, the Balearics are also treated as a province. In this respect, only Gipuzkoa in the Basque Country was more expensive - 3,167 euros per square metre.

At a city level, house prices in Palma went up by 0.8% to an average of 2,946 euros. This was one of the highest in Spain but behind Bilbao (3,081), Madrid (3,687) and Barcelona with 3,983 euros per square metre. Palma's all-time high was 3,055 euros last May.


The content of comment is the opinion of users and netizens and not of

Comments contrary to laws, which are libellous, illegal or harmful to others are not permitted'); - reserves the right to remove any inappropriate comments.


Please remember that you are responsible for everything that you write and that data which are legally required can be made available to the relevant public authorities and courts; these data being name, email, IP of your computer as well as information accessible through the systems.

* Mandatory fields

Currently there are no comments.