Property Prices in Palma de Mallorca, Spain
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| Index |  |
|---|---|
| Price to Income Ratio: | 12.11 |
| Mortgage as Percentage of Income: | 84.50% |
| Loan Affordability Index: | 1.18 |
| Price to Rent Ratio - City Centre: | 20.22 |
| Price to Rent Ratio - Outside of Centre: | 16.52 |
| Gross Rental Yield (City Centre): | 4.95% |
| Gross Rental Yield (Outside of Centre): | 6.05% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,100.00 € | |
| Apartment (1 bedroom) Outside of Centre | 879.17 € | |
| Apartment (3 bedrooms) in City Centre | 1,720.83 € | |
| Apartment (3 bedrooms) Outside of Centre | 1,416.67 € | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 424.25 € | |
| Price per Square Feet to Buy Apartment Outside of Centre | 280.56 € | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 1,566.67 € | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.53 |
These data are based on 102 entries from 19 contributors over the past 18 months.
Last update: April 2025
Sources and References
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Nearby Cities:| Property Prices in Pollença | 35.92 miles |
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