Buying in Palma
The capital of the Balearic Islands: city life all year round, the sea close by and the airport about 15 minutes away.
Palma
Palma combines the old town with the Cathedral (La Seu), Bellver Castle, the seafront and its marinas, with services, international schools, hospitals and flights all year round.
East of the centre, Nou Llevant is a seafront area in full transformation, with new, energy-efficient residential buildings. This is where Vinyassa is being built, the new-build development we market, with completion planned for the end of 2026.
Our Palma portfolio includes new-build apartments, homes in the Nord and Ponent districts and the occasional exclusive villa.
- CityCulture, shopping and services all year round.
- New buildsVinyassa, in Nou Llevant, close to the sea.
- AccessAirport about 15 minutes away, ferry port.
- InvestmentSteady demand for purchases and long-term rentals.
What it costs to buy in Palma
Price ranges of the properties we have for sale in Palma (October 2026). For guidance only, not a valuation.
| Property type | Listed | From | To | €/m² (median) |
|---|---|---|---|---|
| Apartments | 8 | €353,000 | €1,343,000 | €7,990 |
| Houses and villas | 2 | €1,200,000 | €4,900,000 | €8,420 |
Prices based on the properties published on sacoma.es in October 2026. The linked listings are updated daily.
Properties by town
Open the filtered, always up-to-date listing for each town.
How much does a property cost in Palma?
Based on the properties we have for sale (October 2026): apartments, from €353,000; houses and villas, from €1,200,000. Exact, up-to-date prices are in the listing. See properties →
What costs are added to the price?
On top of the purchase price come taxes (ITP transfer tax on resales or VAT on new builds, plus AJD stamp duty), notary, land registry and gestoría fees. You can work them out instantly on our costs page. Work out the costs →
Can I buy if I am not resident in Spain?
Yes. You will need an NIE number and a Spanish bank account; we support you throughout, together with trusted lawyers and gestores. Our buyer's guide explains every step. Buyer’s guide →
Can I rent the property to holidaymakers?
Only if it has a holiday rental licence (ETV) or meets the requirements to obtain one, which is very restricted in Mallorca. Our listing lets you filter properties with a holiday rental licence.
Do you own a property in Palma?
Get a free valuation backed by the local knowledge of an agency selling here since 1988.
Looking for a property in Palma?
Tell us what you are looking for and we will let you know as soon as something suitable comes up.