Marbella vs Palma de Mallorca

Marbella vs Palma de Mallorca — Real Estate Comparison — Spain

Marbella

€600,585Median Price
VS

Palma de Mallorca

€510,253Median Price

Investment & market comparison

MetricMarbellaPalma de MallorcaWinner
Median sale price€600,585€510,253Palma de Mallorca
Median rent (€/mo)€2,313€2,001Palma de Mallorca
Gross rental yield4.6%4.7%Palma de Mallorca
Household income / yr€37,606€45,745Palma de Mallorca
Population159,786434,786Palma de Mallorca
Population growth (5y)8.2%2.9%Marbella
Price index YoY12.4%13.4%Palma de Mallorca
Foreign buyer % (MIVAU)37.8%
Avg sold price (MIVAU)€372,734
Asking vs sold premium61.1%

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

Marbella

There are currently 2,165 active listings on the market.

Palma de Mallorca

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

Listing Price Comparison

MarbellaPalma de Mallorca
Median Ask Price€600,585€510,253