by Amanda J Butler Property
As we settle into early 2026, I hope this finds you well – perhaps shaking off the last of the winter chill before thoughts turn to sunnier climes. Mallorca continues to captivate as a premier destination for buyers seeking a second home, investment, or lifestyle shift. With my local expertise as your dedicated buyer's agent, specifically representing your interests in finding the perfect home and location for you, I'm delighted to share a concise recap of the 2025 market, a realistic outlook for 2026 (including the rising appeal of wellness properties) and why spring is the ideal season to visit and view.
2025 Recap: A Strong Year for Mallorca Property
Last year proved robust, with the Balearic Islands recording over 7,900 sales in the first half alone, around 35% to international buyers. Mallorca's average price per square metre climbed to more than €5,000 by August – a notable 19% year-on-year increase – cementing its position among Spain's most sought-after and expensive markets, particularly in the luxury segment.
Demand outstripped supply in premium areas, with strong interest in exclusive villas, traditional fincas and high-end residences. British buyers remain a key force, alongside the German market, drawn to the island's blend of privacy, natural beauty and secure investment potential. Americans and Scandinavians are emerging as growth drivers, with Americans especially influencing luxury prices.
2026 Outlook: Steady Growth with Wellness at the Forefront
Expect measured growth: island-wide prices +3-5% (over €5,200/m²), luxury/premium segments +5-8% (up to +10% in Andratx, Son Vida, Tramuntana). Foreign demand (30–33%, many British) stays robust, fuelled by stabilising rates (2.5–3.0% EURIBOR), tourism strength, and year-round appeal. Wellness properties lead trends: energy-efficient homes with solar, smart tech, private spas, infinity pools, yoga terraces, and eco-designs command premiums, perfectly aligned with Mallorca's climate and wellbeing ethos.
Wealth Tax Changes: A Major Win for Investors
The Balearic Islands' 2024 reform raised the Wealth Tax exemption threshold from €700,000 to €3 million per person (plus €300,000 for main residences if resident). This exempts most investors up to €3m in assets from the tax entirely, with significant relief for those above (and up to €6.6m combined for couples). It enhances Mallorca's appeal as a tax-efficient haven, boosting confidence for British buyers seeking long-term holdings or relocations—without the burden that once deterred mid-to-high-net-worth investors.
Why Spring is the Perfect Time to Visit and View Properties
February-May brings 15–23°C days, with almond blossoms signalling the coming of spring, painting the countryside pink and white, vibrant gardens and peaceful beaches and nature trails. Fewer crowds mean relaxed, focused viewings when new listings peak and properties look and feel their best in the soft light and fresh flora, making it prime time for decisions.
If you're considering a move, upgrade, or investment this year, spring is when Mallorca puts on its best show – and I'd be delighted to offer you personalised guidance, with only your interests at heart.
For a selection of my latest property listings, local news and a full What's On Guide for Spring in Mallorca, please read my Amanda J Butler Property Spring 2026 newsletter: https://rb.gy/8pw327 .
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