Madrid vs Palma de Mallorca

Madrid vs Palma de Mallorca — Real Estate Comparison — Spain

Madrid

VS

Palma de Mallorca

€510,253Median Price

Investment & market comparison

MetricMadridPalma de MallorcaWinner
Median sale price€510,253
Median rent (€/mo)€2,001
Gross rental yield4.7%
Household income / yr€49,916€45,745Madrid
Population3,506,730434,786Madrid
Population growth (5y)5.2%2.9%Madrid
Price index YoY14.2%13.4%Madrid

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 1,285 active listings on the market.

Listing Price Comparison

MadridPalma de Mallorca
Median Ask Price€0€510,253