Granada vs Palma de Mallorca

Granada vs Palma de Mallorca — Real Estate Comparison — Spain

Granada

€0/m²Medijalna cijena/m²
3,167Aktivni oglasi
VS

Palma de Mallorca

€0/m²Medijalna cijena/m²
1,154Aktivni oglasi

Investment & market comparison

MetricGranadaPalma de MallorcaWinner
Median sale price€280,761€510,253Granada
Median rent (€/mo)€927€2,255Granada
Gross rental yield4.0%5.3%Palma de Mallorca
Affordability (years)7.6 yr11.2 yrGranada
Household income / yr€36,821€45,745Palma de Mallorca
Population233,975434,786Palma de Mallorca
Population growth (5y)0.1%2.9%Palma de Mallorca
Price index YoY12.4%13.4%Palma de Mallorca
Foreign buyer % (MIVAU)9.0%33.2%Palma de Mallorca
Avg sold price (MIVAU)€146,269€470,643Granada
Asking vs sold premium91.9%8.4%Palma de Mallorca

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

Granada

There are currently 3,167 active listings on the market.

Palma de Mallorca

There are currently 1,154 active listings on the market.

Listing Price Comparison

GranadaPalma de Mallorca
Medijalna tražena cijena€280,761€510,253
Aktivni oglasi3,1671,154