Palma de Mallorca vs Torrevieja
Palma de Mallorca vs Torrevieja — Real Estate Comparison — Spain
Palma de Mallorca
€505,370Medianpris
VS
Torrevieja
€217,284Medianpris
Investment & market comparison
| Metric | Palma de Mallorca | Torrevieja | Winner |
|---|---|---|---|
| Median sale price | €505,370 | €217,284 | Torrevieja |
| Median rent (€/mo) | €1,962 | €810 | Torrevieja |
| Gross rental yield | 4.7% | 4.5% | Palma de Mallorca |
| Household income / yr | €45,745 | €24,186 | Palma de Mallorca |
| Population | 434,786 | 98,533 | Palma de Mallorca |
| Population growth (5y) | 2.9% | 16.4% | Torrevieja |
| Price index YoY | 13.4% | 13.5% | Torrevieja |
| Foreign buyer % (MIVAU) | — | 46.9% | — |
| Avg sold price (MIVAU) | — | €195,888 | — |
| Asking vs sold premium | — | 10.9% | — |
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 1,284 active listings on the market.
Torrevieja
There are currently 5,092 active listings on the market.
Listing Price Comparison
| Palma de Mallorca | Torrevieja | |
|---|---|---|
| Median utgångspris | €505,370 | €217,284 |