Barcelona vs Palma de Mallorca

Barcelona vs Palma de Mallorca — Real Estate Comparison — Spain

Barcelona

€385,742Median Price
VS

Palma de Mallorca

€510,253Median Price

Investment & market comparison

MetricBarcelonaPalma de MallorcaWinner
Median sale price€385,742€510,253Barcelona
Median rent (€/mo)€2,157€2,001Palma de Mallorca
Gross rental yield6.7%4.7%Barcelona
Household income / yr€47,361€45,745Barcelona
Population1,731,649434,786Barcelona
Population growth (5y)4.0%2.9%Barcelona
Price index YoY10.9%13.4%Palma de Mallorca
Foreign buyer % (MIVAU)15.0%
Avg sold price (MIVAU)€268,128
Asking vs sold premium43.9%

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

Barcelona

There are currently 8,500 active listings on the market.

Palma de Mallorca

There are currently 1,285 active listings on the market.

Listing Price Comparison

BarcelonaPalma de Mallorca
Median Ask Price€385,742€510,253