Houses For Sale In Palma De Mallorca

The climate in Mallorca Island is Mediterranean with warm to hot summers and mild winters. The sun shines on average 7.9 hours a day. In the summer months of July and August, daytime temperatures on the coast regularly rise above the 30 degree mark. Inland temperatures of up to 40 °C are not unrealistic. October is the wettest month according to the long-term statistical averages. The water temperature of the Mediterranean reaches up to 25 °C in the summer. In winter, the water temperature does not fall below 14 °C. With almost 11 hours of sunshine, July is the sunniest month of the year.

The island of Mallorca has a population of 876,000 inhabitants, of which almost 50% (400,000) live in its capital, Palma de Mallorca. But in high season, the population can increase more than 50%, due to the arrival of foreign tourists, especially from the United Kingdom, Germany and northern Europe, searching for sun and beach but also culture and gastronomy since the island offers a wide cultural offer (museums and monuments) and gastronomy with many restaurants that offer good typical food.

Mallorca property market

When choosing a property in Mallorca to buy, the type of property and the location play an important role. You have the choice between a renovated stone house in the centre of the village, a rustic farm, a landed house in the country, an apartment in a self-contained complex or an exclusive villa with sea views. Criteria such as a private swimming pool, garden or garage have a significant influence on the price. The price can vary a lot, a villa in the best area of the island (Port of Andratx) can cost on average € 4,000,000 and an apartment in Palma de Mallorca with an area of 90 m2 can cost on average € 250,000. Due to high demand and lack of supply, the price of properties for sale in Mallorca is increasing by 4.5% annually on average.