Ciutadella de Menorca · report
Empty homes in Ciutadella de Menorca
10.8% of the 17,887 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.
- Empty, 2021 census
- 10.8%
- Empty homes
- 1,927
Against the wider area
Share of homes standing empty in the 2021 census.
| Area | Empty |
|---|---|
| Ciutadella de Menorca | 10.8% |
| Illes Balears province | 16.2% |
| Spain | 14.4% |
The 2021 census counted a dwelling as vacant when it used almost no electricity through the year and nobody was registered in it, from administrative records rather than a visit. Second homes are counted apart and are not included. Municipalities under 1,000 inhabitants are published only as their province's total.
Other reports for Ciutadella de Menorca
At the average appraised value, a 90 m² home costs €366,687. With 10% down and a 30-year mortgage, the payment is €1,399 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.
- Payment, two incomes
- 39%
- Payment, one income
- 79%
Renting a 90 m² home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the appraised value; rent is the mean of new leases. Repaying the loan is saving, so it is left out.
- Rent per month
- €694
- Owning per month
- €1,297
Figures for Illes Balears province: Ciutadella de Menorca has no reliable figures of its own.
31.3% more homes were licensed for construction in the last 12 months than in an average year of the past decade.
- Licensed, 12 months
- 4,086
Figures for Illes Balears province: Ciutadella de Menorca has no reliable figures of its own.
Buyers living abroad bought 22.4% of the homes sold here in the four quarters to Q2 2026.
- Bought by buyers abroad, 12 months
- 22.4%
Appraised values have fallen by 3% or more 2 times since 2005. The deepest began in Q2 2007.
- Deepest fall
- −59.4%
- Recovery from the low
- 144 months