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Properties for sale in Mallorca - Villas, Country houses, Apartments & Plots
Explore current properties for sale in Mallorca – from modern new-build villas and traditional fincas to high-quality apartments, attractive plots of land and selected hotel properties. This page serves as the central hub for all real estate for sale in Mallorca. The most sought-after locations include the Southwest, Palma & surroundings and the island’s interior. Use our advanced search filters to refine listings by region, property type, features or price.
Luxury Estates Mallorca is the exclusive affiliate of Christie’s International Real Estate on Mallorca. For more than 15 years, we have been known for document-based market expertise, verified property quality and discreet brokerage. Our portfolio includes carefully curated properties for sale in prime areas such as the Andratx Region, Santa Ponsa Region and the Portals & Bendinat Region. Whether coastal, urban or hillside locations – we guide you through every step of the buying process.
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Property Types in Mallorca
Mallorca offers exceptional variety: Villas in sea-view or hillside locations, country homes (fincas) with Mediterranean rural character, apartments in Palma & coastal towns, and new builds with modern tech and strong energy efficiency.
| Type | From / Avg. |
|---|---|
| Apartments | from approx. €500,000 |
| New builds | from approx. €630,000 |
| Villas | avg. approx. €3,000,000 |
| Country homes & fincas | from approx. €950,000 |
| Luxury property | from approx. €7,000,000 |
Most in-demand: sea views, first sea line, and energy-efficient new builds with smart home, large terraces, and pool.
Popular Regions for Property in Mallorca
In the south-west — incl. Port Andratx, Santa Ponsa, Bendinat, Portals Nous — you’ll find sea views, privacy and the best access to Palma. The island centre stands out for fincas and tranquillity, while the east coast and the north offer charming coastal towns and family appeal.
Region Snapshots
- Port Andratx: Natural harbour, premium villas, spectacular sunsets. View listings
- Santa Ponsa: Family-friendly, golf & marina, strong infrastructure. View listings
- Bendinat / Portals Nous: Top schools, beach clubs, minutes to Palma. View listings
- Palma & Old Town: Culture, dining, city living & lock-up-and-leave. View listings
- Island centre: Country homes, quiet living, authentic rural vibe. See fincas
Prices & Market – Overview
As of 2024: Average price per m² is around €4,000, annual growth ~14%. In prime areas like the south-west or on the first sea line you can see up to €20,000/m² — driven by international demand and limited land.
| Region | Apartments from | Villas from |
|---|---|---|
| Palma & surrounds | €500,000 | €1,880,000 |
| South-west | €591,000 | €2,726,000 |
| Centre | €500,000 | €1,362,000 |
| North | €500,000 | €1,808,000 |
| East | €500,000 | €1,465,000 |
| West | €500,000 | €1,960,000 |
- Limited building land supports values.
- Strong demand from DACH, UK, Scandinavia, US.
- Focus on new-build quality & energy standards.
Roughly 80% of transaction volume occurs between Palma and Puerto de Andratx.
Why Buying in Mallorca Is a Safe Choice
Mallorca combines Mediterranean lifestyle, political stability, year-round connectivity, modern infrastructure, international schools and excellent healthcare. Limited supply in prime areas and strong foreign demand create long-term value stability — especially in the south-west.
Buying Process – from Search to Notary
- Needs analysis & shortlist: location, property type, budget, use case.
- Viewings & pre-checks: micro-location, building condition, documents.
- Reservation/option: secure the asset, timelines & conditions.
- Legal/technical due diligence: permits, land registry, cédula, EPC, plans.
- Notary & handover: payment, registration, keys.
We coordinate the full journey — incl. architects, surveyors and specialist lawyers — discreetly and efficiently.
Time to Notary – Typical Timeline
Week 0–1: Selection & reservation/option contract (deposit common)
Week 1–3: Due diligence (permits, registry, cédula, energy, taxes) & finance pre-check
Week 3–5: Bank approval / final docs, fix notary date
Week 5–8: Completion at notary & handover, start utility transfers (power/water)
Note: With complete documentation and no mortgage, the process can be significantly faster.
Financing for Non-Residents (Overview)
- LTV (loan-to-value): typically up to 60–70% of purchase price
- Rates: variable (Euribor-linked) or fixed; term often limited by borrower age (≈ 70 years)
- Documents: income/asset proof, tax returns, bank statements, property docs
- Closing costs financed? Usually no; covered with equity
Taxes & Closing Costs
Depending on transaction type, you’ll pay ITP (resale tax) or IVA (VAT on new builds) plus AJD (stamp duty), along with notary and land registry fees. Ongoing costs include property tax, community fees, insurance and, where applicable, wealth/income tax. We provide a tailored cost transparency upfront.
Closing Costs – Example (Guidance)
| Item | Guide |
|---|---|
| ITP (tiered by region) | ≈ 8–11% (simplified: ~10% = €150,000) |
| Notary & land registry | ≈ 0.4–0.6% (e.g. €7,500) |
| Legal counsel (optional) | ≈ 0.5–1.0% |
| Total closing costs (no mortgage) | ≈ 10–12% |
For new builds (IVA + AJD), IVA (typically 10% for residential) replaces ITP; add AJD (e.g. ~1%).
Living in Mallorca – Mediterranean Lifestyle
300+ days of sun, diverse gastronomy, culture and sport (sailing, golf, cycling) meet short distances, safety and an international community. Ideal for year-round living, a holiday residence, or investment.
Who Buys Property in Mallorca?
Around a quarter of purchases are by international buyers without Spanish residency. Approx. 40% come from DACH, followed by the UK and Scandinavia. Popular: luxury villas, sea-view apartments and country homes — especially in the south-west with international schools, marinas and top dining.
Holiday & City Property: Flexible, Attractive, Well-Connected
Holiday homes are perfect for occasional stays or as a second residence. Popular: apartments and compact houses in beach and marina locations with short airport access. For tourist letting, a holiday-rental licence is required — tightly regulated locally.
City property in Palma blends culture, gastronomy and short distances. In demand: Old-Town residences, Santa Catalina lofts or Portixol/Es Molinar apartments — ideal as a lock-up-and-leave.
Holiday-Rental Licences – Overview (Simplified)
| Area / Type | Detached house | Apartment | Country home / finca |
|---|---|---|---|
| South-west (e.g. Andratx, Calvià) | Partly possible licence required | Often restricted / zone-based | Partly possible conditions |
| Palma city | Heavily regulated | Largely prohibited | n/a |
| Island centre / rural zones | Partly possible | Rare | Partly possible |
Important: Rules and zoning change. We assess licence eligibility case by case during due diligence.
Mallorca Property as an Investment
Mallorca benefits from value-stable prime areas, international demand and limited land. Yield profiles vary by use: own use, long-term letting or tourist letting. Value drivers include location, sea views, energy efficiency and operating costs.
Our Offices & Locations in Mallorca
Luxury Estates Mallorca is the exclusive partner of Christie’s International Real Estate in Mallorca — with offices in the south-west close to Palma. This gives you access to curated and partly discreet opportunities.
Glossary
- N.I.E.
- Spanish tax ID for non-residents, required for purchase & contracts.
- ITP
- Property transfer tax on resales.
- IVA
- VAT on new builds, plus AJD (stamp duty).
- Cédula
- Certificate of habitability — needed for utility contracts.
- Obra menor / mayor
- Minor vs. major building/renovation permits.
FAQ: Buying Property in Mallorca
▶Which areas are most in demand?
▶Who pays the brokerage fee?
▶Why use a broker?
▶How is price determined?
▶What closing costs apply?
▶Typical annual costs?
▶What is an option/reservation contract?
▶Which documents do I need?
▶Is the cédula required?
▶How long does the process take?
▶What about financing?
▶Do I need permits for renovations?
▶Who looks after the property when I’m away?
▶What about squatters (okupas)?
Advisory & Service
Luxury Estates Mallorca has guided premium buyers for 15+ years — from first viewing through due diligence to notary. Request a consultation
Villas
Design & sea-view villas with generous outdoor areas — highly sought after in Port Andratx, Santa Ponsa and Portals Nous.
- Best for: sea views, privacy, outdoor living.
- Consider: garden & pool care, hillside plots.
- Alternative: city apartment for easy lock-up-and-leave.
Country Homes
Mediterranean country houses with natural stone, patios & large plots — popular in the island centre. Browse fincas
- Best for: tranquillity, nature, rural living.
- Consider: infrastructure & permitting.
- Alternative: new build in green settings with modern tech.
Apartments
City & coastal apartments — ideal as holiday home or investment. View apartments
- Best for: short distances, convenience, low maintenance.
- Consider: community rules & fees.
- Alternative: townhouse with outdoor space.
New Builds
Energy-efficient architecture, smart-home & quality materials. View new builds
- Best for: modern comfort, lower running costs.
- Consider: build progress, payment schedule, warranty.
- Alternative: renovated prime-location resales.