Ciutadella · Ciutadella de Menorca · Illes Balears

Central Ciutadella penthouse, 3 bedrooms

€456,000

Penthouse in central Ciutadella with 98 m² stated built area, 30 m² terrace, three bedrooms and two bathrooms. South-facing, built in 2005, with lift and air conditioning.

Reference 4177 · On Inmoblia since 4 September 2026 · Published by Inmobiliaria Palau

The property

Specifications

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

Some advert data is uncertain

We show the source-reported value for context, but exclude it from calculations until the conflicting evidence is resolved.

Type
Penthouse
Built area (source, uncertain)
98 m²
Bedrooms
3
Bathrooms
2
Terrace
30 m²
Floor
ático
Year built
2005
Condition
Good condition
Orientation
South
Fittings

Fittings and extras

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

  • Lift
  • Air conditioning +3
  • Terrace 30 m² +5
  • Top floor +3

The advert also mentions:

  • Central location near Plaza de los Pinos
  • Description also states 100 m² of interior space
  • Equipped kitchen
  • En-suite bathroom
  • Built-in wardrobes
  • Optional garage in the same building for €53,000
  • Near public transport
  • Few neighbours

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

How these values score

The verdict

What the analysis sees

The specific signals the model finds in this property and its municipality, before going into the score in detail.

In favour

  • In good conditionNo renovation needed to put it on the rental market.

Against

No notable risks in the available data.

Municipal momentum

Where the local market is heading.

Rent price index

INE · 2011 base = 100 · yearly

+4.3% interanual
125.5 20112014201820212024 107.7 · 2011107.7 · 2011104.6 · 2012104.6 · 2012101 · 2013101 · 201399.7 · 201499.7 · 2014100 · 2015100 · 201599.8 · 201699.8 · 2016102.6 · 2017102.6 · 2017105.1 · 2018105.1 · 2018109.3 · 2019109.3 · 2019110.5 · 2020110.5 · 2020113.3 · 2021113.3 · 2021116.9 · 2022116.9 · 2022120.4 · 2023120.4 · 2023125.5 · 2024125.5 · 2024

Housing transactions

MIVAU · deals per year

−24.7% interanual
458 20112015201820222025 376 · 2011376 · 2011443 · 2012443 · 2012292 · 2013292 · 2013380 · 2014380 · 2014486 · 2015486 · 2015525 · 2016525 · 2016600 · 2017600 · 2017624 · 2018624 · 2018471 · 2019471 · 2019411 · 2020411 · 2020664 · 2021664 · 2021724 · 2022724 · 2022587 · 2023587 · 2023608 · 2024608 · 2024458 · 2025458 · 2025

Investment guide for Ciutadella de Menorca

Municipal demand

The structural depth of demand in the area.

15.3 yearsPurchase affordability
median 8 years years of household income to pay for the home (€29,792/year)
+1.2%Rent trajectory
0 = flat average annual growth of the municipal rent index (INE)
3%Unemployment rate (approx.)
median 10% unemployed over unemployed + social security contributors (a proxy comparable across municipalities)
+10.1‰Net migration
median 11.8‰ arrivals minus departures from abroad per 1,000 residents · a growing population sustains demand

Registered unemployment

SEPE · yearly average

−7.2% interanual
453 20192021202320242026 1,464 · 20191,464 · 20191,666 · 20201,666 · 20201,446 · 20211,446 · 2021825 · 2022825 · 2022562 · 2023562 · 2023515 · 2024515 · 2024488 · 2025488 · 2025453 · 2026453 · 2026

Average gross income

AEAT · annual tax return

+4.6% interanual
€29,792 20132016201820212023 €19,936 · 2013€19,936 · 2013€20,403 · 2014€20,403 · 2014€21,088 · 2015€21,088 · 2015€22,622 · 2016€22,622 · 2016€24,316 · 2017€24,316 · 2017€24,655 · 2018€24,655 · 2018€24,762 · 2019€24,762 · 2019€23,738 · 2020€23,738 · 2020€25,888 · 2021€25,888 · 2021€28,486 · 2022€28,486 · 2022€29,792 · 2023€29,792 · 2023

Registered population

INE · yearly population register

0.0% interanual
32,431 20112014201820222025 29,315 · 201129,315 · 201129,315 · 201129,315 · 201129,580 · 201229,580 · 201229,580 · 201229,580 · 201229,629 · 201329,629 · 201329,629 · 201329,629 · 201329,282 · 201429,282 · 201429,282 · 201429,282 · 201429,098 · 201529,098 · 201529,098 · 201529,098 · 201528,641 · 201628,641 · 201628,641 · 201628,641 · 201628,838 · 201728,838 · 201728,838 · 201728,838 · 201729,223 · 201829,223 · 201829,223 · 201829,223 · 201829,840 · 201929,840 · 201929,840 · 201929,840 · 201930,588 · 202030,588 · 202030,588 · 202030,588 · 202030,638 · 202130,638 · 202130,638 · 202130,638 · 202130,811 · 202230,811 · 202230,811 · 202230,811 · 202231,443 · 202331,443 · 202331,443 · 202331,443 · 202331,941 · 202431,941 · 202431,941 · 202431,941 · 202432,431 · 202532,431 · 202532,431 · 202532,431 · 2025

Net international migration

INE · immigration − emigration · yearly

−23.8% interanual
329 2021202220232024 182 · 2021182 · 2021486 · 2022486 · 2022432 · 2023432 · 2023329 · 2024329 · 2024

Recorded offences

Ministry of the Interior · cumulative

+80.6% interanual
3,295 202420252026 339 · 2024339 · 2024748 · 2024748 · 20241,187 · 20241,187 · 20241,498 · 20241,498 · 20241,824 · 20251,824 · 20252,238 · 20252,238 · 20252,714 · 20252,714 · 20252,988 · 20252,988 · 20253,295 · 20263,295 · 2026

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

Similar properties nearby

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

They let for…

Comparable rentals in Ciutadella de Menorca, including those already let.

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:

  • Possession: that it is vacant, with no squatters and no tenants on a live contract.
  • If it is let, the current rent, the type of contract and its expiry date.
  • The real state of repair and services (possible hidden renovation work) and a valid energy certificate.
  • 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.