Apartments for sale in Mallorca to live in and invest
The most interesting apartments on sale now, from a sea-view studio in Manacor to an apartment with Tramuntana mountain views in Sóller, price per m² and yield by district, costs on top of the price and what the purchase gives for status.
In 2026 a square metre in Palma costs about $5,450 (4,850 euros) in listings, across the island from $3,130 in Inca to $7,500 in central Palma. Long-term letting in Palma brings 4.8% a year before tax, and 7.0% in Inca. A seaside studio in Manacor costs $165,000; purchases have not given residence since 2025.
Below are the most interesting offers on sale now, price per m² and rental yield by district, and every cost on top of the price. A manager will find a property for your requirements.
The market in brief
Data for 2026.
What apartments are for sale in Mallorca
The most interesting apartments from $165,000 to $471,000 in central and northern Palma, by the Cala Millor and El Arenal beaches, in the ports of Andratx and Pollença, in Cales de Mallorca and in Sóller. A manager will find an apartment for your requirements and send the documents, floor plans and similar options in the chat.
A 36 m² studio with a sea-view terrace in Cales de Mallorca
$165,000
A bright 36 m² studio on the 7th floor in Cales de Mallorca, a resort village on the east coast of the island: the living room and sleeping area in one space, large windows and a terrace with an open sea view. The building has two lifts and a shared pool, and cars are parked in public car parks nearby. The average long-term rental yield in Manacor is 5.0% a year before tax.
A 57 m² two-room apartment a few steps from Cala Millor beach
$246,000
A well-kept 57 m² apartment in the centre of Cala Millor, a few steps from the sandy beach: a living and dining room with a large window, a kitchen, and a bedroom with a wardrobe, air conditioning and a balcony. The shower room was recently updated, and infrared heating warms the apartment in winter. The building has only seven owners, the windows look onto greenery and the sea is visible in the distance. The average long-term rental yield in Son Servera is 5.4% a year before tax.
A 56 m² three-room apartment with a sea-view terrace in El Arenal
$291,000
A renovated 56 m² apartment on the 5th floor of a 1985 building with a lift in El Arenal, by Platja de Palma beach: two bedrooms, a living room with a kitchen and a bathroom. Both bedrooms open onto a private terrace with a sea view, the bathroom has been renovated and the apartment is ready to move into. The average long-term rental yield in Llucmajor is 5.5% a year before tax.
A 52 m² two-room apartment to renovate in Palma's old town
$294,000
A 52 m² apartment on the 3rd floor on a quiet pedestrian street in Palma's old town, 70 m from Plaza de la Reina: a living and dining room, a bedroom, a kitchen and a shower room. The apartment needs updating, and the building has no lift. A square metre here costs $5,660 (5,040 €), a quarter below the central Palma median of $7,500.
A 107 m² four-room apartment to partly renovate in northern Palma
$331,000
A spacious 107 m² apartment in Sa Indioteria in northern Palma: three bedrooms, two bathrooms, one of them en suite, a separate kitchen and two balconies, with windows facing south-east. The plumbing is new, the rest needs partial updating, and the layout allows a fourth bedroom to be restored. There is no lift, with supermarkets, schools and buses to other districts nearby. The average long-term rental yield in northern Palma is 5.1% a year before tax.
A furnished 60 m² three-room apartment a few steps from the sea in Port d'Andratx
$331,000
A bright 60 m² apartment in Port d'Andratx in the south-west of the island, a few steps from the sea: two bedrooms, a living and dining room opening onto a balcony, an equipped kitchen and a bathroom. The apartment is in excellent condition, sold furnished and with heating, ready to move into or let. The average long-term rental yield in Andratx is 4.2% a year before tax.
An 85 m² four-room apartment by the main square of Port de Pollença
$427,000
A bright 85 m² apartment in a building with a lift a few steps from the main square of Port de Pollença in the north of the island: three bedrooms, one with its own bathroom, a second bathroom, a 26 m² living and dining room with a balcony and a furnished kitchen. It has central heating, air conditioning and gas. The average long-term rental yield in Pollença is 4.5% a year before tax.
A 79 m² four-room apartment with Tramuntana mountain views in Sóller
$471,000
A bright 79 m² ground-floor apartment in a 1960s building in Sóller: high ceilings with mouldings, three large bedrooms, a living and dining room, a kitchen, a bathroom, a laundry room and a balcony with a view of the Tramuntana mountains. It was renovated in 2008, the kitchen needs updating, and the shared courtyard looks onto the Puig Major peak. The town centre is 5 minutes away and Palma half an hour. A square metre here costs $5,970 (5,320 €).
How much a square metre costs in Palma districts and Mallorca towns
The table shows the median asking price by Palma district and island town from the index, October 2026. The Palma median asking price is about $5,450 (4,850 euros) per m², and the Ministry of Housing estimate for the second quarter of 2026 is about $4,300 (3,815 euros). A square metre is most expensive in central Palma and Calvià, $7,470-7,500, and in Andratx, $6,590, and cheapest in Manacor and Inca, $3,130-3,960. Over the year housing in the Balearic Islands rose by 13.1% by the ministry estimate.
| District or town | Per m², $ | Per m², euros | 60 m² apartment, $ |
|---|---|---|---|
| Palma, centre | $7,500 | 6,690 | $450,000 |
| Calvià | $7,470 | 6,660 | $449,000 |
| Andratx | $6,590 | 5,880 | $396,000 |
| Palma, west (Ponent) | $6,500 | 5,790 | $390,000 |
| Sóller | $6,250 | 5,570 | $375,000 |
| Santanyí | $5,440 | 4,850 | $327,000 |
| Palma, Platja de Palma | $5,270 | 4,690 | $316,000 |
| Pollença | $5,030 | 4,480 | $302,000 |
| Alcúdia | $4,730 | 4,220 | $284,000 |
| Llucmajor | $4,650 | 4,150 | $279,000 |
| Palma, north | $4,480 | 3,990 | $269,000 |
| Son Servera | $4,390 | 3,910 | $263,000 |
| Palma, east (Llevant) | $4,290 | 3,830 | $258,000 |
| Manacor | $3,960 | 3,530 | $238,000 |
| Inca | $3,130 | 2,790 | $188,000 |
| All Palma | $5,450 | 4,850 | $327,000 |
Data for October 2026: the median asking price of housing by Palma district and Mallorca town from the index on 20 October 2026; all Palma is the median asking price across the city from the same index; the ministry estimate and price growth in the Balearic Islands are the appraised value of housing from the Spanish Ministry of Housing, second quarter of 2026. Dollars at 1.1225 dollars per euro (European Central Bank, 19 October 2026).
What rental yield an apartment in Mallorca gives
Long-term letting in Palma brings 4.8% a year before tax: a 60 m² apartment rents for about $1,310 (1,170 euros) a month. The yield is highest in Inca, 7.0%, in eastern Palma, 6.0%, and in Llucmajor, 5.5%: a square metre there costs $3,130-4,650, and a 60 m² apartment rents for $1,090-1,300 a month. In central and western Palma, Calvià and Santanyí the yield is 3.5-4.0%: a square metre there is the most expensive.
| District or town | Rent of 60 m² a month | Yield a year |
|---|---|---|
| Inca | $1,090 (970 euros) | 7.0% |
| Palma, east (Llevant) | $1,300 (1,160 euros) | 6.0% |
| Llucmajor | $1,290 (1,150 euros) | 5.5% |
| Son Servera | $1,190 (1,060 euros) | 5.4% |
| Palma, north | $1,150 (1,020 euros) | 5.1% |
| Palma, Platja de Palma | $1,320 (1,180 euros) | 5.0% |
| Manacor | $1,000 (890 euros) | 5.0% |
| Alcúdia | $1,160 (1,030 euros) | 4.9% |
| Pollença | $1,140 (1,020 euros) | 4.5% |
| Andratx | $1,390 (1,240 euros) | 4.2% |
| Calvià | $1,520 (1,350 euros) | 4.0% |
| Palma, west (Ponent) | $1,320 (1,170 euros) | 4.0% |
| Santanyí | $1,080 (960 euros) | 3.9% |
| Palma, centre | $1,310 (1,170 euros) | 3.5% |
| All Palma | ~$1,310 (1,170 euros) | 4.8% |
Data for October 2026: the index of median asking rents and sale prices of housing by Palma district and Mallorca town on 20 October 2026, rent for a 60 m² apartment; all Palma is the average rent and asking price from the same index. The yield is gross, before tax, building costs and vacancy between tenants.
Since 16 April 2025 creating new places for letting to tourists in apartment buildings has been banned across the Balearic Islands, as set by Decree-Law 4/2025. That is why the yield in the list is calculated on long-term letting.
A non-resident from outside the European Union pays 24% of the rent, an EU citizen 19% after expenses. Rates and the tax on sale are on the page taxes in Spain.
What costs to add to the price of an apartment
The main payment on resale is the Balearic Islands property transfer tax. It rises by band: 8% on the part of the price up to $449,000 (400,000 euros), 9% up to $673,500 (600,000 euros), 10% up to $1,122,500 (1,000,000 euros), and 12-13% on the more expensive part. For a new home from a developer, VAT of 10% and stamp duty of 1.5% are paid instead. The deposit under the deposit contract is 10% of the price and is part of the price.
| Payment | Apartment for $427,000 (380,000 euros) | Share of price |
|---|---|---|
| Balearic Islands property transfer tax | $34,130 (30,400 euros) | 8% |
| Notary and property registry | $1,350-2,140 (1,200-1,900 euros) | 0.3-0.5% |
| Foreigner number and a Spanish bank account | needed before the deal | state fee and bank tariff |
| Total on top of the price | $35,480-36,260 (31,600-32,300 euros) | 8.4-8.5% |
Data for 2026: the tax scale is set by the consolidated text on Balearic taxes, Legislative Decree 1/2014 as amended, notary and property registry fees by state tariffs. If a representative signs the deal, add a power of attorney with an apostille and a sworn translation. A manager will calculate the costs for a specific apartment.
In Mallorca an apartment is checked before the deposit
A mistake costs more than the tax: premises without a certificate of fitness for living are sold as an apartment, people live in it without a right to, it carries debts on property tax and building fees, or the listing promises a tourist licence the apartment does not have. A 10% deposit stays with the seller if you back out. Murblz support removes these risks: we choose the apartment, check the registry, cadastre, certificate and seller, arrange the foreigner number and account, and handle the deal at the notary up to registration of title together with locally licensed partners.
The cost of support depends on the budget and goal of the purchase; a manager will calculate it in the chat.
Does an apartment in Mallorca give a residence permit
Buying an apartment does not give a residence permit in Spain: the programme with a $562,000 (500,000 euros) threshold was closed by Organic Law 1/2025, and new applications have not been accepted since 3 April 2025. A foreigner can buy an apartment in Mallorca without permits or restrictions by nationality, with a foreigner number and a Spanish bank account.
Your own home helps to get a residence permit without the right to work: it confirms the address and lowers the expenses counted in the review, while the basis is sufficient passive income. For remote work for foreign employers or clients there is the digital nomad visa. All routes are in the article how to get residency in Spain.
How we find an apartment
- Goal and budget: living in Mallorca, letting, or both. The manager clarifies the town or Palma district, distance to the sea, area and floor.
- The list: apartments at seller prices, with building costs and a yield calculation based on rents in the district.
- Checks: property registry extract, cadastre, certificate of fitness for living, debts on property tax and building fees, letting rules for the apartment.
- The deal in person or by power of attorney: foreigner number, a Spanish bank account, the deposit contract, the notary and registration of title in the registry.
The list a manager sends in the chat, with seller prices on the date of the list.
Read also
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- Apartments for sale in Barcelona to live in and invest
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- Apartments for sale in Ibiza to live in and invest
- Apartments for sale in Tenerife to live in and invest
- Buying a flat in Spain in 2026: prices, taxes, residency
- Mortgage for foreigners in Spain in 2026
- Taxes in Spain
All countries and budgets compared - on the page Investment property abroad.
FAQ
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