Santa Margalida Poble · Santa Margalida · Illes Balears

Developable land with bay views

€1,580,000

Approx. 45,000 m² of developable land across three independent plots in Santa Margalida. One plot has water, electricity and two private wells; the listing describes potential for three homes or one luxury chalet.

Reference 190826 · On Inmoblia since 26 August 2026 · Published by Kama Properties

The property

Specifications

What the advert says about the property: floor area, layout, condition and registry details.

Type
Land
Plot
45,000 m²
Energy certificate
Exempt
Land classification
Developable land
Fittings

Fittings and extras

What the property comes with and how much each item weighs in the “Property data” sub-score.

  • Utilities at the plot boundary +8

The advert also mentions:

  • Three independent plots
  • Two private water wells
  • Bay views
  • One plot with water and electricity
  • Potential subdivision into three properties
  • Option to build one luxury chalet
  • Additional utility supply subject to technical feasibility and regulations
  • No agency fee for the buyer
  • Purchase taxes and closing costs excluded
  • Urban planning documentation available on request

Free text we could not normalise into a comparable attribute, so it does not score.

How these values score

No buy-to-let analysis

This is a plot of land: it produces no rental income, so we calculate no yield, no rental mortgage and no buy-to-let score. Below you will find the municipal context and the plot's details.

Municipal momentum

Where the local market is heading.

Rent price index

INE · 2011 base = 100 · yearly

+3.9% interanual
122.7 20112014201820212024 99.3 · 201199.3 · 201195.9 · 201295.9 · 201296.6 · 201396.6 · 201398.2 · 201498.2 · 2014100 · 2015100 · 2015102 · 2016102 · 2016104.2 · 2017104.2 · 2017106.5 · 2018106.5 · 2018109.8 · 2019109.8 · 2019107.1 · 2020107.1 · 2020110.4 · 2021110.4 · 2021113.9 · 2022113.9 · 2022118.1 · 2023118.1 · 2023122.7 · 2024122.7 · 2024

Housing transactions

MIVAU · deals per year

−11.2% interanual
135 20112015201820222025 64 · 201164 · 201177 · 201277 · 201268 · 201368 · 201387 · 201487 · 2014107 · 2015107 · 2015126 · 2016126 · 2016149 · 2017149 · 2017162 · 2018162 · 2018158 · 2019158 · 2019110 · 2020110 · 2020166 · 2021166 · 2021167 · 2022167 · 2022127 · 2023127 · 2023152 · 2024152 · 2024135 · 2025135 · 2025

These series describe the municipality's housing market; for this asset they are context for the area, not for its own segment.

Investment guide for Santa Margalida

Municipal demand

The structural depth of demand in the area.

+1.6%Rent trajectory
0 = flat average annual growth of the municipal rent index (INE)
+18.1‰Net migration
median 11.9‰ arrivals minus departures from abroad per 1,000 residents · a growing population sustains demand

Registered unemployment

SEPE · yearly average

−15.8% interanual
186 20192021202320242026 693 · 2019693 · 2019712 · 2020712 · 2020611 · 2021611 · 2021340 · 2022340 · 2022247 · 2023247 · 2023244 · 2024244 · 2024221 · 2025221 · 2025186 · 2026186 · 2026

Average gross income

AEAT · annual tax return

+2.4% interanual
€29,771 20132016201820212023 €21,594 · 2013€21,594 · 2013€21,825 · 2014€21,825 · 2014€22,736 · 2015€22,736 · 2015€24,027 · 2016€24,027 · 2016€25,503 · 2017€25,503 · 2017€25,810 · 2018€25,810 · 2018€25,758 · 2019€25,758 · 2019€23,347 · 2020€23,347 · 2020€25,504 · 2021€25,504 · 2021€29,069 · 2022€29,069 · 2022€29,771 · 2023€29,771 · 2023

Registered population

INE · yearly population register

0.0% interanual
14,056 20112014201820222025 11,718 · 201111,718 · 201111,718 · 201111,718 · 201111,922 · 201211,922 · 201211,922 · 201211,922 · 201212,243 · 201312,243 · 201312,243 · 201312,243 · 201311,680 · 201411,680 · 201411,680 · 201411,680 · 201411,672 · 201511,672 · 201511,672 · 201511,672 · 201511,632 · 201611,632 · 201611,632 · 201611,632 · 201611,801 · 201711,801 · 201711,801 · 201711,801 · 201711,958 · 201811,958 · 201811,958 · 201811,958 · 201812,485 · 201912,485 · 201912,485 · 201912,485 · 201912,797 · 202012,797 · 202012,797 · 202012,797 · 202012,767 · 202112,767 · 202112,767 · 202112,767 · 202112,776 · 202212,776 · 202212,776 · 202212,776 · 202213,160 · 202313,160 · 202313,160 · 202313,160 · 202313,757 · 202413,757 · 202413,757 · 202413,757 · 202414,056 · 202514,056 · 202514,056 · 202514,056 · 2025

Net international migration

INE · immigration − emigration · yearly

−25.4% interanual
255 2021202220232024 6 · 20216 · 2021291 · 2022291 · 2022342 · 2023342 · 2023255 · 2024255 · 2024
Comparables

Similar properties nearby

Real references of the same municipality and type, to cross-check rent and price. They are not necessarily active offers.

They sell for…

Comparable sales in Santa Margalida, including those already sold.

This is a shortlisting pass over the advert's data, not a due diligence report. Before deciding, check the points we cannot verify from here:

  • Planning classification and real buildable area: confirm both with the town hall before anything else.
  • Available services and connections (water, electricity, drainage, vehicle access).
  • The real service charge and, above all, whether any special levies are approved or pending: they appear in the minutes of the last owners' meetings.
  • The property's actual IBI: our figure is an estimate from the municipality's cadastral values, not the specific bill.
  • Charges, mortgages, seizures or easements in the Land Registry extract.