Palma de Mallorca vs Torrevieja

Palma de Mallorca vs Torrevieja — Real Estate Comparison — Spain

Palma de Mallorca

€524,901Mediánová cena
VS

Torrevieja

€224,609Mediánová cena

Investment & market comparison

MetricPalma de MallorcaTorreviejaWinner
Median sale price€524,901€224,609Torrevieja
Median rent (€/mo)€1,904€839Torrevieja
Gross rental yield4.3%4.5%Torrevieja
Household income / yr€45,745€24,186Palma de Mallorca
Population434,78698,533Palma de Mallorca
Population growth (5y)2.9%16.4%Torrevieja
Price index YoY13.4%13.5%Torrevieja
Foreign buyer % (MIVAU)46.9%
Avg sold price (MIVAU)€195,888
Asking vs sold premium14.7%

Data combines Spanish real-estate portals (asking), INE Atlas income, INE Padrón demographics, MIVAU official transactions, INE IPV price index.

Palma de Mallorca

There are currently 1,272 active listings on the market.

Torrevieja

There are currently 3,968 active listings on the market.

Listing Price Comparison

Palma de MallorcaTorrevieja
Mediánová nabídková cena€524,901€224,609