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Choose up to three municipalities or districts to set their figures side by side.
The figures side by side
| Measure | Illes Balears province |
|---|---|
| Price per m² | — |
| Change in a year | — |
| Change in five years | — |
| Affordability | |
| Payment, two incomes | 37% |
| Payment, one income | 74% |
| New homes | |
| Licensed, 12 months | 4,086 |
| Per 1,000 residents | 3.3 |
| Foreign buyers | |
| Bought by buyers abroad, 12 months | 22.4% |
| Past cycles | |
| Deepest fall | −25.8% |
| Recovery from the low | 102 months |
| People and new homes | |
| New residents per new home, 2024 | 6.3 |
| Population change, 2024 | +17,184 |
| Empty homes | |
| Empty, 2021 census | 16.2% |
| Empty homes | 105,632 |
| Renovation | |
| Homes in existing buildings, 2025 | 41% |
| Public housing works | |
| Signed in 2025 | €4.6M |
| Per resident, 2025 | €4 |
Each place's own figures where it has them; a dash means there is none. Prices are asking prices where a place has them, and bank valuations otherwise.
Every report
Affordability
Illes Balears province
At the average appraised value, a 90 m² home costs €358,272. With 10% down and a 30-year mortgage, the payment is €1,366 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.
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New homes
Illes Balears province
31.3% more homes were licensed for construction in the last 12 months than in an average year of the past decade.
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Foreign buyers
Illes Balears province
Buyers living abroad bought 22.4% of the homes sold here in the four quarters to Q2 2026.
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Past cycles
Illes Balears province
Appraised values have fallen by 3% or more once since 1995. That fall began in Q2 2008.
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People and new homes
Illes Balears province
In 2024 the population grew by 17,184 while 2,717 homes were finished: 6.3 new residents for every new home.
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Empty homes
Illes Balears province
16.2% of the 652,123 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.
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Renovation
Illes Balears province
In 2025, 41% of the homes authorised were in existing buildings: conversions, extensions and changes of use.
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Public housing works
Illes Balears province
Public bodies signed €4.6M of housing works here in 2025, and €4.6M since 2017.
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