According to the report for the first quarter of this year from the property website Idealista, Calvia was the second most expensive municipality in Spain to buy a home.
The average price was 1.2 million euros, only behind Benahavís in Malaga with an average purchase price of over 1.6 million, while Marbella, at around one million, was third. These are areas of the Mediterranean coast that are home to some of the most expensive developments in Spain, such as La Zagaleta in Benahavís and Costa d'en Blanes in Calvia.
Lower on the average price list were Sotogrande in Cadiz (861,000 euros), Sitges in Barcelona (677,000 euros), Jávea, Alicante on 656,000 euros, Ibiza (620,250 euros), Altea in Alicante (558,750 euros), Castelldefels in Barcelona (555,000 euros) and Llucmajor (551,300 euros).
The first provincial capital to appear on the list is Palma, which was in eleventh place, with an average price of 525,570 euros; Palma climbed four places in the ranking compared with the final quarter of 2021.
As for the price to rent, Benahavís also topped the list with an average of 2,800 euros per month, followed by Marbella with 2,300 euros. Then came Sotogrande, at just over 2,000, and Calvia (1,928 euros). Ibiza was 1,894 euros, Llucmajor 1,444 euros and Palma 1,120 euros.
6 comments
To be able to write a comment, you have to be registered and logged in
Fred, that would apply to many areas around Palma. Even closer to Palma and the airport. I'd argue that it's simply "expat central". It's where expats go. You come here, the only people you know are in Santa Ponsa. They introduce you to some people in Bendinat. They invite you to a dinner with people who live in Adriano, where you meet some people who live in Portals... Moving to some rural area could force you to socialise with foreigners, and in that case, what's the point of coming here in the first place?
Sorry Zoltan, second rate polytechnics don't count as universities.
Fred - I studied economics at university. Maybe you should study the English language as you seem to struggle with it. I know a good beginners class that would be suitable for you.
Zoltan that is because you are clueless. Its expensive because you can be at your place in 20 mins from the airport, you can getva 10 min cab and go into Palma for dinner or shopping. Contrast that to say Pollensa which has hardly any shops or restaurants and is an hour from Palma and closes in the winter. The price difference is about supply and demand. Maybe go look it up in an economics book.
No idea why it's so expensive as there are far nicer places on the island.
Popular place. But I wouldn't recommend Calvia/palmanova/magaluf/portals/et al. It's pretty, but overpopulated, heaving with obnoxious tourists in summer, and boasts one of the highest crime rates on the island (or highest). Also ridiculously expensive. What you pay for a small flat buys you a spacious finca elsewhere. But then, what would friends and family think if you didn't live there?