Can Puig in Palma, which was converted into luxury accommodation.


According to the third-quarter valuation of property prices by the website Precioviviendas, Palma is one of the cities in Spain where there has been the greatest increase in price.

Rising demand and comparative scarcity of supply have pushed Palma into third place. This is based on the number of properties valued at one million euros or more. Madrid and Barcelona occupy positions one and two.

In the whole of Spain, there are apparently 39,000 apartments valued at a million or more. Most of them are either in Madrid or Barcelona: over 20,000 in the Spanish capital and around 15,000 in the capital of Catalonia. The remainder are spread across twenty-four cities. Palma has 1,243.

These apartments in Palma are in districts as diverse as El Terreno, Genova, Portopi, Santa Catalina and El Molinar. The most expensive is on the calle Murillo in Santa Catalina. It is valued at over 3.7 million euros.

The website also notes that home property prices in the Balearics as a whole are continuing to rise. The average price per square metre in the third quarter was 2,392 euros.


The content of comment is the opinion of users and netizens and not of

Comments contrary to laws, which are libellous, illegal or harmful to others are not permitted'); - reserves the right to remove any inappropriate comments.


Please remember that you are responsible for everything that you write and that data which are legally required can be made available to the relevant public authorities and courts; these data being name, email, IP of your computer as well as information accessible through the systems.

* Mandatory fields

Currently there are no comments.