Mallorca: a real estate market accelerating in 2025 and strengthening its recovery

Mallorca’s residential property market continues its positive trend, closing the first half of 2025 with strong and decisive growth. Property transactions have risen by 12% - compared to last year, reaching 5,454 sales - surpassing even the island’s ten-year average. After the post-pandemic surge, Mallorca now appears to be entering a phase of more balanced yet still vigorous growth, driven by stable demand and an inherently limited supply.

Transactions on the rise

The first quarter of the year also delivered impressive economic results: total transaction volume reached €1.3 billion, marking a 15% increase over 2024. This expansion is fueled not only by a higher number of purchases but also by steady price appreciation. According to Spain’s Ministry of Housing, property values have risen between 10% and 24% in the island’s main municipalities, confirming a widespread upward trend across Mallorca.

A solid and diversified buyer base

The profile of demand remains powerful and increasingly varied. Second-home buyers continue to represent a significant share of the market, while interest from those choosing Mallorca as their primary residence is steadily growing, attracted by the exceptional quality of life and excellent international connections. This combination of buyer segments underpins market resiliency, supported by particularly robust fundamentals: limited inventory, strong international appeal and a stable local economy.

The snapshot of Mallorca’s real estate landscape in the first half of 2025 reveals a healthy, opportunity-rich market, competitive yet full of potential, where Alexa Homes Mallorca operates with agility and expertise.