Property

Property in Calvià

Responsible for this content: Frank Menze

Calvià stands out for its established rental level. In 2024, its flat existing-contract rent median reached €12.72 per square metre, ranking first among 43 Mallorcan municipalities. The middle level of the island’s municipal flat existing-contract rent medians was €7.14 per square metre that year, leaving Calvià’s flat median 78.1% higher. The difference matters to tenants under existing contracts and to owners assessing the local rental level. Calvià spans 20 localities, including Palmanova and Santa Ponça, and combines a sizeable rental market with an active sales market.

Property sales held close to their previous annual level: Calvià recorded 1,209 transactions in 2025, compared with 1,231 in 2024. The 1.8% decline was modest beside earlier swings in the series, which reached a peak of 2,092 sales in 2021. For sellers, the latest count indicates a continuing flow of completed transactions at a level well below that peak. For buyers, it places current activity within a market that has moved through much sharper changes than the latest annual easing.

Property sales in Calvià

Calvià recorded 1,209 property sales in 2025, down from 1,231 in 2024, a decline of 1.8%. Across Mallorca, sales fell 0.46% over the same years, putting Calvià’s change 1.33 percentage points below the island-wide change. The slight pullback followed 1,180 transactions in 2023. Buyers and sellers therefore faced a broadly steady recent annual volume, although the municipality’s latest movement was somewhat weaker than the island’s.

The longer trajectory was more pronounced. Sales rose from 1,615 in 2016 to 1,785 in 2017, then fell to 897 in 2020. They rebounded to the series peak of 2,092 in 2021 before easing to 1,209 in 2025. Against that contraction and rebound, the latest change represents a much smaller shift in completed annual transactions.

1,209 Sales · 2025

Sales count, not price *

Year-on-year change: -1.8%

Property sales in Calvià2016: 1,615; 2017: 1,785; 2018: 1,433; 2019: 1,286; 2020: 897; 2021: 2,092; 2022: 1,744; 2023: 1,180; 2024: 1,231; 2025: 1,2091,61520161,78520171,43320181,286201989720202,09220211,74420221,18020231,23120241,2092025

Rents in Calvià

In 2024, Calvià’s flat existing-contract rent median was €12.72 per square metre. The monthly flat existing-contract rent median was around €762, and the median flat dwelling size was 65 square metres. For houses, the existing-contract rent median was €9.72 per square metre; the monthly house existing-contract rent median was €1,108, with a median dwelling size of 157 square metres. The larger median house thus carried a higher monthly existing-contract rent despite its lower rent median per square metre.

Since 2015, the flat existing-contract rent median has risen from €8.04 to €12.72 per square metre in 2024. The house existing-contract rent median moved from €5.88 to €9.72 per square metre over those years. The flat existing-contract rent median briefly eased from €10.31 in 2019 to €10.18 in 2020 before rising again. Calvià’s 2024 flat median of €12.72 ranks first among 43 municipalities and stands 78.1% above the €7.14 middle level of the island’s municipal flat existing-contract rent medians. That longer rise and leading rank mark an elevated established rental level.

Existing rent, not asking rent *

Rents in Calvià · €/m² per month
PropertyMedianP25–P75 rangeRental contracts
Apartment202412.72 €/m² per month9.82–16.433,236
House20249.72 €/m² per month6.04–14569

Rental trends

Calvià’s rent index climbed from 100.0 in 2015 to 112.8 in 2019, then slipped to 111.7 in 2020. It resumed its ascent at 114.5 in 2021 and reached 127.3 in 2024. The 2020 decline marks the turning point between the earlier climb and the subsequent run of increases. For tenants and owners following annual changes, the latest reading continues that post-dip rise.

The rent index increased by 3.6% in 2024, after a 3.3% rise in 2023. It stood 27.3% above its 2015 starting level. Following the 0.9% decline in 2020, annual growth reached 3.8% in 2022, moderated, and then edged higher again in 2024. The latest increase was consequently somewhat faster than the preceding year’s, within a sustained upward path since the dip.

Year-on-year change · 2024: +3.6%

Index, not euro amount *

Rental index2015: 100; 2016: 102.14; 2017: 104.95; 2018: 108.71; 2019: 112.77; 2020: 111.74; 2021: 114.49; 2022: 118.87; 2023: 122.79; 2024: 127.271002015102.142016104.952017108.712018112.772019111.742020114.492021118.872022122.792023127.272024

Appraised values in Calvià

In the second quarter of 2026, Calvià’s overall appraisal value stood at €5,502.20 per square metre. The new-property appraisal value was €6,605.60 per square metre, while the used-property appraisal value was €5,452.80 per square metre. New property carried the higher appraisal value within the same quarter. For buyers comparing the same floor area across property conditions, those condition-specific valuations establish distinct assessed levels. For sellers, the €5,452.80 used-property appraisal value and the €6,605.60 new-property appraisal value likewise place each category within the municipality’s valuation picture.

Appraised value · 2026 Q2: 5,502.2 €/m²

Valuation, not purchase price *

Estate agents in Calvià

Calvià has 206 brokers, the second-highest count among 49 municipalities in the broker ranking. That local brokerage presence gives buyers and sellers a sizeable pool of intermediaries active in the property market.

Estate agents in Calvià in the directory

Additional costs when buying a home

As an example, consider an existing property of 100 square metres at an example price of €550,220, based on Calvià’s overall appraisal value in the second quarter of 2026. The example property transfer tax is €45,519.80, corresponding to an effective transfer-tax rate of 8.273%. Example fees total €6,767.20: €595 for the notary, €270 for the registry, €400 for administrative processing and €5,502.20 for legal services at an example rate of 1%. Combined purchase costs reach €52,287, or 9.5% of the example price, taking the price plus costs to €602,507.

Calvià’s annual urban IBI rate is 0.5% of the cadastral value and has applied since 2022. For an owner, that recurring tax sits alongside the upfront costs of acquiring the property.

Calculate closing costs

Explanation

The purchase price stated in the deed. If it is below the cadastral reference value, ATIB taxes the higher value.

Explanation

Existing property is subject to property transfer tax (ITP), while a new build is subject to value added tax (IVA) plus stamp duty (AJD). The two tax treatments are mutually exclusive.

Total
€52,287.00
Purchase price including closing costs€602,507.00

Legal status: 1 January 2023

This calculation is provided for guidance only and is not a substitute for tax or legal advice in specific cases.

Full calculation

Mallorca IBI calculator

Explanation

The municipality sets the rate. IBI is a municipal tax: the same cadastral value costs considerably more in one town than in the next, because each one fixes its own rate in its tax bylaw (ordenanza fiscal).

Explanation

The valor catastral is the official value the Spanish land registry office (Catastro) sets for your property — land and building together. It is not the purchase price, not the market value and not the valor de referencia, and it normally sits well below all of them. You will find it on your last IBI bill and in the cadastral portal.

Rate (tipo de gravamen) in Calvià
0.500%
IBI per year, ballpark figure
€900.00

Calculated from the cadastral value. The bill is calculated on the reduced taxable base (base liquidable); where a revaluation is running, it comes out lower. Reductions and exemptions are not included.

Applies to this one cadastral unit and a full tax year. Not included: apportionment in the year of purchase, co-ownership shares, reductions and exemptions. A garage and a storeroom often have a cadastral reference of their own — then you calculate them separately.

That works out at €75.00 a month

The statutory range for this class of property runs from 0.400% to 1.100%; municipalities may go above or below it in certain cases (Art. 72(3) and (5)).

Legal status: 1 January 2022

This calculation is provided for guidance only and is not a substitute for tax or legal advice in specific cases.

Full calculation

Frequently asked questions

How many properties sold in Calvià recently?
Calvià recorded 1,209 property sales in 2025, compared with 1,231 in 2024. That was a 1.8% annual decline. Transaction volume remained close to the preceding year’s level after much larger movements earlier in the series.
How does Calvià’s flat rent compare with other municipalities?
The 2024 flat existing-contract rent median was €12.72 per square metre, ranking first among 43 municipalities. The middle level of the island’s municipal flat existing-contract rent medians was €7.14 per square metre. Calvià’s flat median stood 78.1% above that level.
What were the monthly existing-contract rents for flats and houses?
In 2024, the monthly flat existing-contract rent median was around €762, alongside a median dwelling size of 65 square metres. The monthly house existing-contract rent median was €1,108, alongside a median dwelling size of 157 square metres. Houses carried a higher monthly existing-contract rent median alongside a larger median dwelling size.
What are Calvià’s latest appraisal values?
In the second quarter of 2026, the overall appraisal value was €5,502.20 per square metre. The new-property appraisal value was €6,605.60 per square metre, compared with €5,452.80 per square metre for used property. New property held the higher appraisal value in that quarter.
What costs accompany the example purchase?
At the example price of €550,220, purchase taxes and example fees total €52,287, bringing the price plus costs to €602,507. Those added costs equal 9.5% of the example price. Calvià’s annual urban IBI rate is 0.5% of the cadastral value.

Methodology and sources

  • MIVAU: number of notarised sales, not a price.
  • SERPAVI: Median rent actually paid under ongoing contracts according to tax data for 2024, not asking rent for new lettings.
  • The middle level of the island’s municipalities is the median of municipal apartment-rent medians.
  • INE IPVA: index (2015 = 100), not an amount in euros.
  • MIVAU Tasación: appraised value for mortgage lending, not an achieved purchase price.
  • Example price: 550,220 €. Example fees: notary 595 €, land registry 270 €, gestoría 400 €, lawyer 1 %, buyer’s agent fee 0 %.
  • The annual urban-property IBI rate applies to the cadastral value.