Housing price in the Centre area, Palma de Mallorca

The map shows the average prices of the residential properties in the area Centre in Palma de Mallorca. The reference period is March 2024.

sale

6,050 €/m²

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rent

17.60 €/m²

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Property prices trend in the zone Centre

The following charts show price trends over time for all types of residential property in the Centre area, both for sale and for rent.

Average price sale (€/m²)
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In March 2024 for residential properties for sale was asked an average of € 6,050 per square meter, with an increase of 24.05% compared to March 2023 (4,877 €/m²). Over the past 2 years, the average price in the Centre area reached its peak in the month of March 2024, with a value of € 6,050 per square meter. The month with the lowest asking price was May 2022: for a property for sale was asked an average of € 4,172 per square meter.

Average price rent (€/m²)
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In March 2024 for residential rental properties was asked an average of € 17.60 per month per square meter, with an increase of 19.65% compared to March 2023 (€ 14.71 monthly per square meter). Over the past 2 years, the average price in the Centre area reached its peak in the month of February 2024, with a value of € 18.32 per square meter. The month with the lowest asking price was May 2022: for a rental property was asked an average of € 12.71 per month per square meter.