real data · updated November 2026

How much is your home worth in Palma?

Homes in Palma sell for an average of 4,135 €/m²: that is what the 4,451 sales signed before a notary over the last year say. Listings in the same areas ask for 4,772 €/m²: 15% more than what is actually paid.
4,135 €/m²
What is signed
Notaries · weighted average
4,772 €/m²
What is asked
Listings · same areas
4,451
Sales before a notary
Last 12 months
10,813
Listings analysed
Reviewed daily

area by area

The real price map of Palma

Each area is a postcode, coloured by the price signed before a notary. The most expensive is La Llotja · Sant Jaume (6,729 €/m²); the most affordable, Son Ferriol · Puntiró (2,671 €/m²). Hover to see the details.

€/m² signedfrom under 3,086 to over 5,683 €/m² fewer than 10 sales
Map of real home prices in Palma: 4,135 €/m² signed before a notary, area by area

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Real price by area in Palma

From the most expensive area to the most affordable. Average price signed before a notary over the last 12 months, by postcode.

AreaSigned atSales
La Llotja · Sant Jaume
07012
6,729 €/m²
103
La Bonanova - Porto Pi · Sant Agustí
07015
6,370 €/m²
359
Sant Nicolau · La Seu
07001
6,361 €/m²
106
Sta Catalina - El Jonquet · Son Vida
07013
5,683 €/m²
328
Son Armadams · Son Espanyolet
07014
5,528 €/m²
309
Foners · Nou Llevant
07006
4,609 €/m²
286
Les Maravelles · Can Pastilla
07610
4,460 €/m²
127
Sindicat
07002
4,335 €/m²
97
Son Cotoner · Camp d'En Serralta
07011
4,245 €/m²
344
La Missio - Mercat · Bons Aires
07003
3,828 €/m²
120
Son Sardina
07120
3,509 €/m²
18
Coll d'en Rabassa · Ciutat Jardí
07007
3,476 €/m²
342
Plaça de Toros · L'Olivera - Amanecer
07004
3,368 €/m²
353
Camp Redo · Cas Capiscol
07010
3,148 €/m²
319
Pere Garau · Hostalets
07005
3,131 €/m²
253
Son Gual · S'Aranjassa - Es Pil.larí
07199
3,086 €/m²
46
Son Cladera · Sa Indioteria
07009
2,876 €/m²
154
Ses Cadenes-Arenal · S'Arenal
07600 · postcode shared with Llucmajor
2,815 €/m²
211
Son Gotleu · Rafal Vell
07008
2,693 €/m²
611
Son Ferriol · Puntiró
07198
2,671 €/m²
70

Postcodes straddling two municipalities (07600 (Llucmajor)) appear on both pages, each with its own part of the map. The price and sales in the row are for the whole postcode; only the share of homes located in Palma counts towards the Palma average.

the market's small print

Asking price vs. signed price in Palma

On average, listings ask 15% more than what ends up being signed. The biggest markup is in Son Gual · S'Aranjassa - Es Pil.larí (+66%); the smallest, in Sta Catalina - El Jonquet · Son Vida (-3%).

Signed (notaries) Asking (listings)
Son Gual · S'Aranjassa - Es Pil.larí
07199 · 46 sales
+66 %
Son Ferriol · Puntiró
07198 · 70 sales
+55 %
Ses Cadenes-Arenal · S'Arenal
07600 · 211 sales
+38 %
Sindicat
07002 · 97 sales
+35 %
Pere Garau · Hostalets
07005 · 253 sales
+32 %
Les Maravelles · Can Pastilla
07610 · 127 sales
+31 %
La Missio - Mercat · Bons Aires
07003 · 120 sales
+27 %
Son Gotleu · Rafal Vell
07008 · 611 sales
+23 %
Plaça de Toros · L'Olivera - Amanecer
07004 · 353 sales
+22 %
Camp Redo · Cas Capiscol
07010 · 319 sales
+22 %
Coll d'en Rabassa · Ciutat Jardí
07007 · 342 sales
+20 %
Son Cladera · Sa Indioteria
07009 · 154 sales
+20 %
Son Armadams · Son Espanyolet
07014 · 309 sales
+18 %
La Llotja · Sant Jaume
07012 · 103 sales
+13 %
Foners · Nou Llevant
07006 · 286 sales
+11 %
Son Cotoner · Camp d'En Serralta
07011 · 344 sales
+4 %
La Bonanova - Porto Pi · Sant Agustí
07015 · 359 sales
+3 %
Son Sardina
07120 · 18 sales
+3 %
Sant Nicolau · La Seu
07001 · 106 sales
+2 %
Sta Catalina - El Jonquet · Son Vida
07013 · 328 sales
-3 %
2,0008,000
€/m²

Going to market with an inflated price has a cost: the home sits online for months, loses interest and ends up selling for less than it was worth. Knowing what is really paid in your area is where a good sale starts.

what sells

Flats, houses, new builds and resales

Flats
4,117 €/m²
4,024 sales
Houses and villas
4,199 €/m²
423 sales
New build
5,439 €/m²
388 sales
Resale
3,974 €/m²
4,048 sales

what people ask us most

Frequently asked questions

What is the price per square metre in Palma in 2026?+

Based on the 4,451 home sales signed before a notary over the last 12 months, homes in Palma sell for an average of 4,135 €/m². It varies a lot between areas: the map on this page shows the price for each postcode.

Which are the most and least expensive areas of Palma?+

Going by prices signed before a notary, the most expensive area of Palma is La Llotja · Sant Jaume (07012), at an average of 6,729 €/m², and the most affordable is Son Ferriol · Puntiró (07198), at 2,671 €/m².

Why are listing prices higher than sale prices?+

A listing shows what the owner asks, not what the buyer pays. Between negotiation and overpriced homes that never sell, listings in Palma ask on average 15% more than what is signed in the same area. That is why pricing with closing data matters: an inflated price burns a home on the market.

How do I find out what my home in Palma is worth?+

With our free valuation tool: it combines notary-signed prices, listing prices and the Palma land registry to give you a value range in 3 minutes. If you want more precision, we will look at it with you, no strings attached.

How many homes are sold in Palma?+

Over the last 12 months, 4,451 home sales were signed before a notary in Palma.

there are people behind this data

Want to know what your home in Palma is worth?

We are Amelia, a real estate agency in Palma. These numbers are the starting point, but your home’s value depends on its condition, orientation, floor and street. We will look at it with you, free and with no commitment.

The Amelia team
Nicolás and Germán, founders of Amelia
  • Over 100 Google reviews · 4.9 ★
  • In Palma since 2020
  • Members of ABSI, the Balearic real estate association
Where this data comes from: signed prices come from the Spanish Notaries’ Statistics Portal: home sales signed before a notary over the latest 12 months published, by postcode (updated November 2026). The figure for each municipality is the average weighted by number of sales; areas with fewer than 10 sales are shown as indicative. Asking prices come from Amelia’s daily analysis of listings on the main property portals (10,813 listings in Palma): median per postcode, compared with what is signed in that same postcode. The shape of each area on the map is approximate and was calculated from the land registry. When the difference in an area is out of proportion (usually in postcodes that mix town centre and countryside), we do not compare it and flag it as atypical.