Palma de Mallorca
Mediterranean island capital; stunning harbor; Mallorcan cuisine; luxury lifestyle destination
* Exchange rates shown for illustration only, based on ECB mid-market rate. Actual transactions may be subject to conversion fees.
⚠ Local STR Restrictions — Palma de Mallorca
Palma de Mallorca: STR banned in apartments. Existing flat licences not renewable.
Market Analysis — Palma de Mallorca
Key demand drivers and main investment risks
✅Demand Drivers
- •33.8M airport passengers
- •heavily leisure-led and international
- •island cap on tourist places
⚠️Key Risks
- •Island cap/place scarcity
- •municipal shut-off
- •high entry price
- •seasonality
🇮🇱 Notes for Israeli investors
Low Israeli presence; primarily German/British/Scandinavian market
Schools: curricula and languages of instruction
This reports which school curricula and languages of instruction are available to a child in this city — not how many foreign residents live here.
Agora Portals International School
Curricula: IB; IB Diploma Programme; IB Middle Years Programme; IB Primary Years Programme; Spanish
Language of instruction: not stated by the source
Source · Checked:
King Richard III College
Curricula: A Levels; British; English National Curriculum; parallel Spanish educational pathway; Spanish
Language of instruction: not stated by the source
Source · Checked:
Lycée français international de Palma
Curricula: French; French (AEFE); French national curriculum — AEFE homologated
Language of instruction: not stated by the source
Source · Checked:
Svenska Skolan Mallorca
Curricula: Swedish; Swedish teaching regulations
Language of instruction: not stated by the source
Source · Checked:
The Academy International School
Curricula: British; British Early Years Foundation Stage (EYFS); English National Curriculum; IB; IGCSE; International Baccalaureate Diploma Programme (IBDP)
Language of instruction: not stated by the source
Source · Checked:
Listed alphabetically — not a ranking or a recommendation. Compiled from public sources; confirm details with the school.
Properties in Palma de Mallorca
1413 for sale·581 for rent
Yield by Neighborhood — Palma de Mallorca
Microzone investment comparison — CASABROVA
| Neighborhood | Price/m² | STR Yield | STR Status | Character |
|---|---|---|---|---|
| Santa Catalina | No data yet | No data yet | N/A | |
| Playa de Palma / Can Pastilla beachaffordableltr | €4,000–€5,000 (₪13,929–₪17,411) | STR Banned 🔴 | STR Banned 🔴 Balearic Decree-law 4/2025; banned for new STR | |
| Son Vida | €4,900–€5,400 (₪17,063–₪18,804) | 8%–15% | N/A | Gated luxury golf enclave; blue-chip trophy/capital-preservation (STR villa-only, existing licence) |
| Casco Antiguo | €5,500–€8,000 (₪19,152–₪27,858) | 5%–8% | STR Restricted 🟡 | Medieval fortified old town, restored palaces, cathedral views, transitioning to luxury LTR |
| La Bonanova | €4,900–€5,400 (₪17,063–₪18,804) | 8%–15% | N/A | Blue-chip family address by Bellver/Porto Pi, near international schools |
| Portixol / El Molinar waterfrontlifestyletrendy | €5,500–€7,000 (₪19,152–₪24,375) | STR Banned 🔴 | STR Banned 🔴 Balearic Decree-law 4/2025; banned for new STR | Trendy waterfront; converted fishermens village; premium LTR lifestyle |
| Santa Catalina / Son Armadans hipltrlifestyle | €5,000–€6,500 (₪17,411–₪22,634) | STR Banned 🔴 | STR Banned 🔴 Balearic Decree-law 4/2025; horizontal-property dwellings banned; Palma planning board approved whole municipality no-apta | Hip neighborhood; gentrified market; best urban LTR; foodie/nightlife scene |
| El Terreno | €4,900–€5,400 (₪17,063–₪18,804) | 8%–15% | N/A | |
| Génova | €4,900–€5,400 (₪17,063–₪18,804) | 8%–15% | N/A | Hillside village, panoramic bay views; sea-view scarcity below Son Vida |
Yield and price ranges are internal AI-research estimates from public real-estate portals (Tranio, Investropa, Globes, etc.), refreshed quarterly. Not primary-source data.
Investment Areas in Palma de Mallorca
Santa Catalina
No data yet
Playa de Palma / Can Pastilla
Price from €4,000/m² (₪13,929/m²)
Son Vida
Gated luxury golf enclave; blue-chip trophy/capital-preservation (STR villa-only, existing licence)
Price from €4,900/m² (₪17,063/m²)
Casco Antiguo
Medieval fortified old town, restored palaces, cathedral views, transitioning to luxury LTR
Price from €5,500/m² (₪19,152/m²)
La Bonanova
Blue-chip family address by Bellver/Porto Pi, near international schools
Price from €4,900/m² (₪17,063/m²)
Portixol / El Molinar
Trendy waterfront; converted fishermens village; premium LTR lifestyle
Price from €5,500/m² (₪19,152/m²)
Santa Catalina / Son Armadans
Hip neighborhood; gentrified market; best urban LTR; foodie/nightlife scene
Price from €5,000/m² (₪17,411/m²)
El Terreno
Price from €4,900/m² (₪17,063/m²)
Génova
Hillside village, panoramic bay views; sea-view scarcity below Son Vida
Price from €4,900/m² (₪17,063/m²)
Editorial | CASABROVA
All articles →CASABROVA Global Investor Briefing — October 2026
The board barely moved: twenty-one of twenty-nine markets are unchanged, and the three that crossed two points did so because our own readings changed, not because anything happened in those markets. The top is now a three-way tie — Estonia 74.6, Poland 74.3, Slovenia 74.3 — with three tenths of a point between first and third.
CASABROVA Global Investor Briefing — September 2026
The Score did not move: no market changed by even half a point, and Estonia edged past Poland into #1 by 0.20 — inside the noise. What moved was the cost of money, and in opposite directions: New Zealand and Korea raised, Israel cut, Canada held, and 12-month Euribor crossed 3%. House prices rose in 25 of the 27 markets we can price for 2025, led by Hungary at +18.3%; only Canada and New Zealand fell.
Q2 2026 Investor Briefing
Our quarterly cross-market briefing: twenty-nine markets, the cost of borrowing as a foreign buyer, cycle position, tax by nationality, and the CASABROVA Score.
After Spain: Where Europe’s Foreign Property Money Goes Next
Spain is now late-cycle and crowded for foreign buyers — so where does Europe's property money rotate next? CASABROVA separates revealed preference, structural quality (the Score) and timing (the Master Index), and maps the case for Romania, Poland and the UAE.
CASABROVA Global Investor Briefing — June 2026
June’s briefing is a one-time Score reset: Netherlands, Ireland and Poland cluster at the top; Spain, Portugal and Czechia remain in withdrawal; Greece is at peak; Germany and the UK move toward recovery; Romania enters the Virtual Portfolio.
Global Investor Briefing — May 2026
Scores were stable this month — the real stories are a generational currency window for shekel buyers, Greece emerging as a withdrawal candidate while Spain surprisingly holds at peak, and three markets moving from correction into recovery.
The Yield Illusion: Why Municipal STR Regulations are Destroying Cross-Border Valuations
A massive "Yield Illusion" has formed. Investors are pricing properties based on historical cash flows, fatally ignoring that hyper-local municipal regulations have decoupled historical performance from future returns.
Iberian Crossroads: Portugal vs. Spain for Real Estate Investors in 2026
Spain has tightened STR rules and abolished its Golden Visa entirely. Portugal pivoted — lifting license freezes but doubling entry tax. A surgical comparison of the four vectors that matter.
Service Providers in Palma de Mallorca
Lawyers, brokers, property managers, contractors
View all providers→Market Review — Palma de Mallorca
Palma de Mallorca has transformed from a seasonal destination into a year-round international hub. The city attracts wealthy European buyers, driving premium property prices in areas like Santa Catalina, Old Town, and Paseo Maritimo. While entry prices are higher than mainland Spain, rental yields remain strong due to the island's consistent tourist demand and growing permanent expat community.
Last updated: April 26, 2026
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