Property

Property in Capdepera

Responsible for this content: Frank Menze

Capdepera recorded 230 property sales in 2025, down from 286 in 2024—a decline of 19.6%. Sales across Mallorca fell by 0.5% over the same period, making Capdepera’s drop 19.1 percentage points steeper. Buyers and sellers saw substantially fewer completed local transactions than in the preceding year. The latest total also stands below Capdepera’s 2016 level of 256 sales and its 2021 peak of 332.

The rental level gives Capdepera a different position among Mallorca’s municipalities. In 2024, its flat existing-contract rent median was €8.31 per m², 16.3% above the €7.14 per m² middle level of the island’s municipalities. Capdepera ranked ninth among 43 municipalities on that flat measure. Its 15 localities include Capdepera, Cala Rajada, Canyamel Platja and Font de Sa Cala. For renters and landlords, the municipal comparison places flat existing-contract rents clearly above the middle level.

Property sales in Capdepera

Capdepera’s sales history has included sharp changes in transaction volume. From 256 sales in 2016, the count rose to 319 in 2019 before falling to 179 in 2020, the series low. It then rebounded to a series peak of 332 in 2021. For buyers and sellers, those swings establish the scale of earlier changes in completed local deals.

Following that peak, sales eased to 302 in 2022 and 261 in 2023. They rose to 286 in 2024, then fell to 230 in 2025. The latest total is above the 2020 low and well below the 2021 peak. Its 19.6% annual decline was markedly steeper than Mallorca’s 0.5% decline over the same years. The result is a local market with fewer completed transactions than in the preceding year, after a brief recovery in sales volume.

230 Sales · 2025

Sales count, not price *

Year-on-year change: -19.6%

Property sales in Capdepera2016: 256; 2017: 246; 2018: 231; 2019: 319; 2020: 179; 2021: 332; 2022: 302; 2023: 261; 2024: 286; 2025: 2302562016246201723120183192019179202033220213022022261202328620242302025

Rents in Capdepera

For flats in Capdepera, the 2024 existing-contract rent median was €8.31 per m² across 472 recorded contracts. The monthly existing-contract rent median was €600, alongside a median dwelling size of 80 m². The 25th-percentile flat existing-contract rent was €6.48 per m²; the 75th-percentile level was €11.18 per m². Capdepera’s flat median ranked ninth among 43 municipalities and stood 16.3% above the €7.14 per m² middle level of Mallorca’s municipalities.

Houses had a 2024 existing-contract rent median of €5.83 per m² across 231 recorded contracts. Their monthly existing-contract rent median was €650, and their median dwelling size was 189 m². Thus, houses had the higher monthly median amount alongside a lower median rent per square metre and a larger median floor area.

The flat existing-contract rent median rose from €5.45 per m² in 2015 to €7.36 in 2022 and €8.31 in 2024. Over the same endpoints, the house existing-contract rent median increased from €4.21 to €5.83 per m². Both property types therefore finished the period at higher existing-contract rent levels than at its start.

Existing rent, not asking rent *

Rents in Capdepera · €/m² per month
PropertyMedianP25–P75 rangeRental contracts
Apartment20248.31 €/m² per month6.48–11.18472
House20245.83 €/m² per month3.12–8.44231

Rental trends

Capdepera’s rent trend index rose from 100.0 in 2015 to 112.2 in 2019. Its advance paused in 2020, when the index remained virtually unchanged at 112.2 and the annual change was 0%. The pause followed an annual increase of 2.4% in 2019 and preceded renewed growth in 2021.

The index reached 115.7 in 2021, 123.3 in 2023 and 129.3 in 2024. Its latest level was 29.3% above its 2015 starting point. Annual growth accelerated from 2.9% in 2023 to 4.9% in 2024, the strongest annual increase in the series. For tenants and landlords, the latest reading follows successive increases after the 2020 pause, with the pace of growth rising at the end of the period.

Year-on-year change · 2024: +4.9%

Index, not euro amount *

Rental index2015: 100; 2016: 102.59; 2017: 105.96; 2018: 109.57; 2019: 112.18; 2020: 112.18; 2021: 115.71; 2022: 119.78; 2023: 123.27; 2024: 129.341002015102.592016105.962017109.572018112.182019112.182020115.712021119.782022123.272023129.342024

Estate agents in Capdepera

Capdepera has 28 brokers, ranking 15th among 49 municipalities by broker count.

Estate agents in Capdepera in the directory

Additional costs when buying a home

For an illustrative purchase of an existing property at an example price of €500,000, transfer tax is €41,000, an effective 8.2% of that price. The example fees comprise €595 for the notary, €270 for registration, €400 for administrative processing and €5,000 for a lawyer, whose fee is set at 1% of the example price. Fees total €6,265. Together, transfer tax and fees bring example buying costs to €47,265, or 9.45% of the example price. Including the property price, the example outlay is €547,265. Transfer tax is the largest individual addition to the purchase price, followed by the lawyer’s fee. For ongoing ownership, Capdepera’s annual urban IBI rate is 0.467% of cadastral value and has applied since 2020.

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
€47,265.00
Purchase price including closing costs€547,265.00

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 Capdepera
0.467%
IBI per year, ballpark figure
€840.60

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 €70.05 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 2020

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 property sales did Capdepera record?
Capdepera recorded 230 sales in 2025, compared with 286 in 2024. That was a 19.6% decline, against a 0.5% decline across Mallorca over the same years. The latest local count was also below the 2021 peak of 332 sales.
What are existing-contract rents in Capdepera?
In 2024, the flat existing-contract rent median was €8.31 per m², while the house existing-contract rent median was €5.83 per m². The monthly existing-contract rent medians were €600 for flats and €650 for houses; their respective median dwelling sizes were 80 m² and 189 m². Capdepera’s flat median ranked ninth among 43 municipalities and exceeded the €7.14 per m² middle level of Mallorca’s municipalities.
How has the rent trend changed?
Capdepera’s rent trend index rose from 100.0 in 2015 to 129.3 in 2024, an increase of 29.3% from its starting level. After a pause in 2020, the index resumed its rise and reached 123.3 in 2023. It increased by 4.9% in 2024, the strongest annual gain in the series.
What costs are included in the illustrative purchase example?
At an example price of €500,000 for an existing property, transfer tax is €41,000 and the specified example fees total €6,265. Example buying costs therefore come to €47,265, bringing the total including the property price to €547,265. For ongoing ownership, Capdepera’s annual urban IBI rate is 0.467% of 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.
  • No freely reusable official purchase price per square metre is available for this municipality.
  • Example price: 500,000 €. 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.