Neighbourhoods · Palma
Rental yield by neighbourhood in Palma
Palma has a median gross yield of 4.5% and a median Total Return (IRR) of 10.1% for a typical flat. Here are its 37 neighbourhoods, ranked by yield, each with sale price, rent and IRR and its own page.
Updated September 2026 · official data
The median sale price is €5,156/m² and the achievable market rent is €19.3/m² per month. Prices run from €2,845/m² in Son Oliva to €8,031/m² in Sant Nicolau, a factor of 2.8.
The highest gross yields are in Ciudad Jardín (7.7%), Son Oliva (6.8%) and S'Arenal (6.5%); the most expensive neighbourhoods are Sant Nicolau (€8,031/m²), La Bonanova (€7,803/m²) and Les Maravelles (€6,998/m²). The typical-flat IRR ranges from 7.9% in Sant Nicolau to 14.5% in Ciudad Jardín.
Every neighbourhood page shows its rank in the city, the rent range, historical appreciation and a typical flat computed with CasaROI's standard assumptions (70% mortgage, sale after 10 years). Asking prices in Palma have grown by 6.5% a year on average over the last 10 and 15 years (idealista).
All 37 neighbourhoods, by gross yield
| Area | Sale €/m² | Rent €/m² | Gross | IRR |
|---|---|---|---|---|
| Ciudad Jardín | 3,308 | 21.3 | 7.7% | 14.5% |
| Son Oliva | 2,845 | 16.2 | 6.8% | 12.2% |
| S'Arenal | 3,811 | 20.5 | 6.5% | 12.4% |
| El Coll d'en Rabassa | 3,561 | 19.1 | 6.4% | 12.8% |
| Plaça de Toros | 3,539 | 18.8 | 6.4% | 12.7% |
| Cas Capiscol | 3,159 | 16.5 | 6.3% | 11.5% |
| Pere Garau | 3,300 | 16.2 | 5.9% | 12.1% |
| Son Fortesa | 3,258 | 16.0 | 5.9% | 11.0% |
| Es Camp Redó | 3,527 | 17.0 | 5.8% | 11.9% |
| El Sindicat | 4,839 | 22.3 | 5.5% | 11.7% |
| L'Olivera | 4,223 | 19.4 | 5.5% | 11.6% |
| Can Pastilla | 5,663 | 24.8 | 5.3% | 10.8% |
| El Fortí | 4,388 | 19.3 | 5.3% | 11.3% |
| Cala Major | 4,996 | 21.2 | 5.1% | 11.0% |
| Marquès de Fontsanta | 3,727 | 15.6 | 5.0% | 10.9% |
| Camp d'en Serralta | 4,687 | 18.4 | 4.7% | 10.5% |
| Foners | 4,190 | 16.0 | 4.6% | 10.2% |
| Santa Catalina | 5,184 | 19.6 | 4.5% | 10.2% |
| Arxiduc | 4,047 | 15.1 | 4.5% | 10.1% |
| Les Maravelles | 6,998 | 25.8 | 4.4% | 9.5% |
| Sant Agustí | 5,875 | 21.7 | 4.4% | 10.0% |
| La Missió | 5,156 | 19.0 | 4.4% | 10.0% |
| Porto Pi | 5,673 | 20.1 | 4.3% | 9.7% |
| La Seu | 6,031 | 20.9 | 4.2% | 9.6% |
| Bons Aires | 3,994 | 14.1 | 4.2% | 9.7% |
| Es Portixol - Es Molinar | 6,350 | 21.7 | 4.1% | 9.5% |
| Cort | 6,420 | 20.9 | 3.9% | 9.2% |
| Son Espanyolet | 5,737 | 18.7 | 3.9% | 8.6% |
| El Terreno | 5,634 | 18.4 | 3.9% | 9.2% |
| El Mercat | 5,515 | 17.8 | 3.9% | 9.2% |
| Jaume III | 6,308 | 20.0 | 3.8% | 9.1% |
| La Llotja - Born | 6,510 | 19.5 | 3.6% | 8.7% |
| Son Armadans | 6,496 | 19.5 | 3.6% | 8.8% |
| Plaça dels Patins | 5,703 | 15.9 | 3.3% | 8.4% |
| Sant Jaume | 6,941 | 17.9 | 3.1% | 8.0% |
| Sant Nicolau | 8,031 | 20.4 | 3.0% | 7.9% |
| La Bonanova | 7,803 | 19.8 | 3.0% | 7.9% |