Mallorca Property Valuation: Estimate the Value of Your Property for Free

What is your property on Mallorca worth?

The value of a property on Mallorca is not a fixed number but a realistic range that depends on location, fittings and sea view. Whether you want to buy, sell, inherit or arrange financing, in each of these cases you need a reliable first estimate before you make a bigger decision.

When buying, a sober value estimate protects you from paying an inflated asking price. When selling, it helps you check your price expectation rather than starting too high or too low. In the case of an inheritance on the island, the market value is the basis for splitting the estate and for Spanish inheritance tax. And for financing, you want to know in advance what range the price sits in.

That is exactly what this calculator is for. You get your value range instantly on screen, with no contact form, no phone call and no waiting for a reply. The calculation runs entirely in your browser. No data is sent to a server and you do not have to sign up anywhere. That is the difference from the usual online valuations, where you end up leaving your phone number and the real figure only comes out in the sales conversation.

How the Mallorca estimator works

The estimator works on a simple, transparent principle. For over 120 towns, coastal zones and villages on Mallorca we store a typical price corridor in €/m². The estimator combines this corridor with your living area and with markups and reductions for fittings, condition and sea view. The result is a value range for your specific property.

Deliberately, the estimator shows not a single figure but a range. Two flats on the same street can differ noticeably in price, depending on the floor, layout, state of renovation and view. A single point value would suggest a precision that simply does not exist in such a heterogeneous market. The range is more honest and shows you the frame within which a realistic price sits.

Important for context: the stored values are asking prices, that is, what sellers are asking, as of July 2026. The prices actually notarised at completion tend to be around 5 to 10% lower, because in practice there is almost always some negotiation. Factor this gap in mentally when you hold the result against a specific asking price.

The whole calculation happens locally in your browser. Unlike the German intrinsic value method (Sachwertverfahren), this estimator deliberately uses no land reference value, no year of construction and no plot area, because these figures are hard to obtain on the Spanish market and less meaningful for pricing there. To see how a classic valuation using the German Sachwertverfahren works by comparison, you can try our property valuation for Germany.

What drives value on Mallorca

On Mallorca, a handful of factors decide the lion's share of the price. Once you know them, you also understand why two properties that look similar on paper can sit so far apart.

Location and municipality

The municipality is the single strongest lever. Between the expensive south-west and the affordable interior, the price per square metre is often several times higher. Within a municipality it also makes a big difference whether a property sits in the old town centre, in a quiet residential area or in an exclusive urbanisation.

Sea view

A sea view is one of the most valuable factors on Mallorca. A property on the first sea line (primera línea, directly at the water) can be worth around 30 to 50% more than a comparable object inland. Even in Palma, the premium for flats with a sea view is roughly 39% over objects without a view. The estimator therefore distinguishes between no view, side view, frontal view and first sea line.

Size, condition and fittings

The living area is the base to which the price per square metre is applied. The condition decides whether you pay a premium for a move-in-ready property or whether a reforma (renovation) is due, which can quickly cost tens of thousands of euros. The fittings, from basic to luxury, shift the value further: air conditioning, a pool, high-quality bathrooms and well-kept grounds all count noticeably.

Legal status

One point many people underestimate: the legal status can heavily influence the value or even block a sale. What matters here are the cédula de habitabilidad (habitation certificate), a valid licencia (building permit) and, for plots on rústico (rural building land), the question of what may legally be built at all. Extensions added later without a permit are common on Mallorca and can cause real problems with a buyer, a bank and the authorities.

Energy efficiency

The energy certificate is becoming more important on the island too. A renovated older property with good insulation, a heat pump and solar panels now achieves a better price than an unrenovated object with high energy consumption, even though this factor still weighs less on Mallorca than location and sea view.

Price overview by region (as of 2026)

The overview below shows approximate asking prices per square metre by region, each labelled approx., because the spread within a region is huge. Treat the figures as orientation, not as a fixed value for your object.

The south-west is the most expensive corner of the island. Andratx and Port d'Andratx reach peak values of approx. 9,000 to 9,600 €/m², while Calvià and Santa Ponsa sit at around 7,000 €/m². Palma averages around 5,150 €/m² but spreads from approx. 3,200 €/m² in simpler districts to over 8,000 €/m² in the prime area of Son Vida.

The Serra de Tramuntana in the north-west is scenically unique and priced accordingly: Deià ranges from approx. 5,300 to 12,000 €/m², Sóller sits at around 5,000 €/m², and there is the sought-after Valldemossa. In the north, Pollença is at around 5,200 €/m², along with popular Alcúdia. The east and south-east is more mixed: Manacor starts at approx. 3,150 €/m², while Santanyí reaches high prices with a very broad spread.

The most affordable area is the interior (Es Pla) with municipalities such as Campos, Inca and Llucmajor, roughly from under 2,000 €/m² to approx. 4,300 €/m². Keep in mind throughout: the spread within a municipality is often larger than the difference between two municipalities. The corridor is only a guide.

Property types: flat, casa de pueblo, villa and finca

The price per square metre is not equally meaningful for every type of property. Depending on the type, different things matter.

Flat (apartamento)

For flats, the €/m² value dominates. Floor, lift, terrace, communal pool and of course the sea view shift the price, but area times price per square metre gives the most solid starting point. This estimator works most reliably for flats.

Casa de pueblo (town house)

The typical village or town house in the historic centre. Here charm, condition and renovation needs play a large role. A lovingly restored property with a courtyard sits well above an unrenovated house that needs a complete reforma.

Villa

For villas, the pure price per square metre becomes less meaningful in the luxury segment. Here the plot, the pool, the sea view, the privacy and the quality of the build are what count. Two villas of the same size can differ several times over, depending on location and fittings. The estimator gives you orientation, but for exceptional objects it does not replace an individual assessment.

Finca on rústico land

For a finca on rústico (rural land), the value depends heavily on the legal framework: what is legally built, how large the permitted living area is, and whether there is an ETV (holiday-rental licence). For a new build on rústico land there is often a minimum plot size of around 14,000 m². These legal questions decide the value more than the pure area.

What the estimator asks and how each input works

The estimator gets by with few but decisive inputs. Here is how each of them affects the result:

• Location: Sets the underlying price corridor in €/m². Over 120 towns and zones are grouped by region and searchable, so you find yours quickly.
• Living area in m²: The basis of the calculation. The corridor is applied to your area.
• Fittings: From basic through medium and upscale to luxury. Higher fittings shift the range upwards.
• Condition: From very good to in need of renovation. A property that needs a reforma gets a reduction.
• Sea view: No view, side, frontal or first sea line. On Mallorca this is one of the biggest levers.
• Optional price comparison: You can enter a specific asking price and see how it relates to the calculated range.

Deliberately, the estimator asks for no personal data. No email, no phone number, no address. Everything runs in your browser, nothing is stored and nothing is sent to a server. You can run through as many scenarios as you like.

Price trend on Mallorca in 2026

Asking prices on Mallorca have continued to rise. Island-wide, the increase has recently been in the region of 8 to 10% per year, carried by scarce supply and continued international demand. Growth was particularly strong in the south-east and north-east of the island, where comparatively affordable areas have been catching up.

The reason is essentially simple: building land is scarce, the rules are strict and many buyers come from abroad and pay cash. That keeps the price level high and lets it rise further in sought-after locations.

Even so, a sober view is worth it. A trend is not a guarantee. Simple, unrenovated objects in less sought-after locations can also come under pressure when buyers become more selective. Take the price increase as context, not as a promise for the future.

Market value, valor catastral and valor de referencia

In Spain there is not just one value for your property but several, and they are used for different purposes. If you do not keep them apart, you may be surprised by the tax later.

Market value

This is the value this estimator approximates: the price that is realistically achievable on the market. It is based on the asking and sale prices of comparable objects.

Valor catastral

The valor catastral (cadastral value) is an official value that serves as the basis for the annual property tax IBI. It is usually well below the market value and has little to do with the price actually achievable.

Valor de referencia del Catastro

The valor de referencia (cadastral reference value) has, since 2022, been the minimum tax base for the transfer tax ITP and for inheritance and gift tax. You can look it up via the official portal sedecatastro.gob.es. The key rule: the tax is charged on the higher of the two values, that is, on the purchase price or the reference value, whichever is greater. If the reference value is above your purchase price, you still pay on the higher amount.

Tasación and expert report

For financing, the bank requires a tasación, an official valuation by an authorised valuer (a licensed valuation company). It costs roughly 250 to 500 € and is the basis on which the bank sets the lending value. This differs from a full expert report for disputes or inheritance cases. Note that a valuation is usually only current for about six months, after which the bank often asks for an update.

Limits of the estimate: when you need a real appraisal

This estimator is a free first orientation and good preparation for the conversation with a surveyor or notary. In certain situations, however, it replaces neither an official valuation (tasación) nor an expert report:

• Inheritance and gifts: Here you need a legally sound value for the tax office and the heirs.
• Divorce and asset split: A neutral value prevents disputes over the shared property.
• Financing: For lending, the bank accepts only its own tasación by an authorised valuer.
• Court: In court, only an appraisal with evidentiary value counts.
• Special objects: Luxury villas, large fincas with unclear legal status or listed buildings cannot be seriously estimated by a corridor.

So use the estimator to develop a realistic expectation and to go into negotiations and conversations well prepared. When it comes to legally sound figures or to a lot of money, obtain an official valuation as well.

Buying and selling: costs, taxes and yield

Once you know the value range, the point is to read it correctly. Always hold a specific asking price against the range. Asking prices are usually above what is finally notarised, so room to negotiate is the rule, not the exception.

Purchase costs on Mallorca: Reckon on roughly 10 to 13% on top of the purchase price. The biggest item is the Balearic transfer tax ITP, which is staggered: 8% up to 400,000 €, 9% up to 600,000 €, 10% up to 1 million €, 12% up to 2 million € and 13% above that. For a new build from a developer, 10% IVA (VAT) plus AJD (stamp duty) apply instead of ITP. On top come the notary, land registry and usually a lawyer. It is best to work out the total costs in advance with our purchase costs calculator.

Taxes on selling, especially for non-residents: On the profit, non-residents pay around 19% capital gains tax. In addition, the buyer withholds 3% of the purchase price as Modelo 211 and pays it to the tax office as an advance payment. On top of that comes the municipal plusvalía (a tax on the increase in land value). To see how a gains tax is calculated in principle, you can illustrate it with the German example using our capital gains tax calculator.

If you want to use the property as a holiday let, then alongside the purchase price the yield is what counts above all. Check with our rental yield calculator whether the property stacks up with realistic rental income and costs. And if, by way of comparison, you want to understand how a classic valuation in Germany works under the intrinsic value method (Sachwertverfahren), our property valuation for Germany will help.