Palma had a calm year. Prices in the city held steady, while coastal homes outside it kept rising, especially in the north and the southwest of the island.
Who is buying
Buyers from Germany, Scandinavia and the United Kingdom are still the largest groups, with a growing number of families from the Netherlands and Switzerland moving over full time.
What sells
- Houses ready to live in sold fastest, renovation projects slowest.
- Homes with a legal holiday rental licence kept a clear premium.
- Gardens and outdoor space mattered more than size.
What we expect
We expect a stable year ahead, with fewer good houses on the market than buyers looking for them. If you see the right one, it is worth moving early.
