Illes Balears province · report
Empty homes in 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.
- Empty, 2021 census
- 16.2%
- Empty homes
- 105,632
Against the wider area
Share of homes standing empty in the 2021 census.
| Area | Empty |
|---|---|
| Illes Balears province | 16.2% |
| Spain | 14.4% |
Where homes stand empty in Illes Balears province
Share of homes standing empty at the 2021 census, emptiest first.
| Area | Empty |
|---|---|
| Santa Eulària des Riu | 26.8% |
| Calvià | 22.9% |
| Llucmajor | 19.9% |
| Manacor | 19.8% |
| Inca | 14.7% |
| Ciutadella de Menorca | 10.8% |
| Eivissa | 10.1% |
| Marratxí | 9.2% |
| Maó | 8.3% |
| Palma | 4.9% |
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 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.
- Payment, two incomes
- 37%
- Payment, one income
- 74%
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
- Per 1,000 residents
- 3.3
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 once since 1995. That fall began in Q2 2008.
- Deepest fall
- −25.8%
- Recovery from the low
- 102 months
In 2024 the population grew by 17,184 while 2,717 homes were finished: 6.3 new residents for every new home.
- New residents per new home, 2024
- 6.3
- Population change, 2024
- +17,184
In 2025, 41% of the homes authorised were in existing buildings: conversions, extensions and changes of use.
- Homes in existing buildings, 2025
- 41%
Public bodies signed €4.6M of housing works here in 2025, and €4.6M since 2017.
- Signed in 2025
- €4.6M
- Per resident, 2025
- €4