Granada vs Palma de Mallorca
Granada vs Palma de Mallorca — Real Estate Comparison — Spain
Granada
€246,581Medianpris
VS
Palma de Mallorca
€505,370Medianpris
Investment & market comparison
| Metric | Granada | Palma de Mallorca | Winner |
|---|---|---|---|
| Median sale price | €246,581 | €505,370 | Granada |
| Median rent (€/mo) | €868 | €1,962 | Granada |
| Gross rental yield | 4.2% | 4.7% | Palma de Mallorca |
| Household income / yr | €36,821 | €45,745 | Palma de Mallorca |
| Population | 233,975 | 434,786 | Palma de Mallorca |
| Population growth (5y) | 0.1% | 2.9% | Palma de Mallorca |
| Price index YoY | 12.4% | 13.4% | Palma de Mallorca |
| Foreign buyer % (MIVAU) | 9.0% | — | — |
| Avg sold price (MIVAU) | €146,269 | — | — |
| Asking vs sold premium | 68.6% | — | — |
Data combines Spanish real-estate portals (asking), INE Atlas income, INE Padrón demographics, MIVAU official transactions, INE IPV price index.
Granada
There are currently 2,656 active listings on the market.
Palma de Mallorca
There are currently 1,284 active listings on the market.
Listing Price Comparison
| Granada | Palma de Mallorca | |
|---|---|---|
| Median utgångspris | €246,581 | €505,370 |