Madrid vs Palma de Mallorca
Madrid vs Palma de Mallorca — Real Estate Comparison — Spain
Madrid
€534,667Median Price
VS
Palma de Mallorca
€524,901Median Price
Investment & market comparison
| Metric | Madrid | Palma de Mallorca | Winner |
|---|---|---|---|
| Median sale price | €534,667 | €524,901 | Palma de Mallorca |
| Median rent (€/mo) | €1,805 | €1,904 | Madrid |
| Gross rental yield | 4.0% | 4.3% | Palma de Mallorca |
| Household income / yr | €49,916 | €45,745 | Madrid |
| Population | 3,506,730 | 434,786 | Madrid |
| Population growth (5y) | 5.2% | 2.9% | Madrid |
| Price index YoY | 14.2% | 13.4% | Madrid |
Data combines Spanish real-estate portals (asking), INE Atlas income, INE Padrón demographics, MIVAU official transactions, INE IPV price index.
Madrid
There are currently 8,609 active listings on the market.
Palma de Mallorca
There are currently 1,272 active listings on the market.
Listing Price Comparison
| Madrid | Palma de Mallorca | |
|---|---|---|
| Median Ask Price | €534,667 | €524,901 |