Mallorca
1 homes
Mallorca
A working island with a serious cultural life, not a season-only resort. The Tramuntana villages — Deià above all — combine protected landscape, an artistic community and some of the tightest supply in the Mediterranean.
Life here
- Tramuntana mountains and coves
- Village and gallery life
- Cycling and walking
- Year-round living
Ownership rationale
Supply in the protected Tramuntana is effectively fixed, and holiday rental licences are capped and rarely issued. Owning a licensed home here is a structural advantage, not a detail.
Getting here
Palma airport with year-round flights across Europe; Deià is around 45 minutes by road.
The market, honestly
Published data where it exists — sources belowPrice per square metre
€4,822 / m² average in Deià
Engel & Völkers puts the average asking price for a house in Deià at €4,822/m² and for an apartment at €4,872/m² (August 2026). That is a village average — restored Tramuntana houses with terraces, views and a rental licence trade well above it, often at two to three times the figure.
Last three years
+32% since 2022 for houses
Engel & Völkers' Deià series runs €3,658/m² (2022) → €4,000 (2023) → €4,212 (2024) → €4,630 (2025) → €4,846 (2026): steady annual gains, with the pace easing to +4.7% in the last year. Supply in the protected Tramuntana is effectively fixed.
Rental return
3 – 6% gross with a licence (our estimate)
Not a published figure. A transferable ETV rental licence is the single biggest value factor — without one, legal holiday letting is not possible and the return falls away.
Holding and resale
€6,000 – €15,000 a year (our estimate)
Typical annual running costs including taxes, utilities and basic maintenance. Good for licensed village houses; thinner inland.
Who this suits
- Buyers who want a long season — March to November is comfortable
- Owners who intend to let legally and want the licence in place at purchase
Price levels and recent movement come from the published sources listed below, read in 2026. Rental returns, running costs and liquidity are our own working estimates and are labelled as such. None of this is a valuation — any specific home we bring you is underwritten on its own numbers.
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