Data updated on 29 August 2026Data updated: 29 Aug 2026
For saleFlat
Palma · Illes Balears
One-bedroom flat with pool terrace
€358,000
One-bedroom, one-bathroom flat in Palma with an approximately 8 m² terrace overlooking the communal pool. Includes parking, storage, fitted kitchen and air conditioning.
median 8 yearsyears of household income to pay for the home (€34,970/year)
+2.0%Rent trajectory
0 = flataverage annual growth of the municipal rent index (INE)
4%Unemployment rate (approx.)
median 10%unemployed over unemployed + social security contributors (a proxy comparable across municipalities)
+13.5‰Net migration
median 11.9‰arrivals minus departures from abroad per 1,000 residents · a growing population sustains demand
Registered unemployment
SEPE · yearly average
−5.6% interanual
Average gross income
AEAT · annual tax return
+3.2% interanual
Registered population
INE · yearly population register
0.0% interanual
Net international migration
INE · immigration − emigration · yearly
−31.9% interanual
Recorded offences
Ministry of the Interior · cumulative
+90.7% interanual
Recorded offences (municipalities over 20,000 residents only, from 2024) are territorial context: they do not label an area “safe” or “unsafe”, nor do they measure tenant risk.
Comparables
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Comparable rentals in Palma, including those already let.