Madrid vs Palma de Mallorca
Madrid vs Palma de Mallorca — Real Estate Comparison — Spain
Madrid
€0/m²Medianpris/m²
8,103Aktiva annonser
VS
Palma de Mallorca
€0/m²Medianpris/m²
1,154Aktiva annonser
Investment & market comparison
| Metric | Madrid | Palma de Mallorca | Winner |
|---|---|---|---|
| Median sale price | €549,316 | €510,253 | Palma de Mallorca |
| Median rent (€/mo) | €1,747 | €2,255 | Madrid |
| Gross rental yield | 3.8% | 5.3% | Palma de Mallorca |
| Affordability (years) | 11.0 yr | 11.2 yr | Madrid |
| 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 |
| Foreign buyer % (MIVAU) | 8.6% | 33.2% | Palma de Mallorca |
| Avg sold price (MIVAU) | €378,039 | €470,643 | Madrid |
| Asking vs sold premium | 45.3% | 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.
Madrid
There are currently 8,103 active listings on the market.
Palma de Mallorca
There are currently 1,154 active listings on the market.
Listing Price Comparison
| Madrid | Palma de Mallorca | |
|---|---|---|
| Median utgångspris | €549,316 | €510,253 |
| Aktiva annonser | 8,103 | 1,154 |