Property

Property in Manacor

Responsible for this content: Frank Menze

Manacor recorded 492 home sales in 2025, down from 581 in 2024. The 15.3% fall was much steeper than Mallorca’s 0.5% decline over the same period. For sellers, the smaller total marks a slower year for completed transactions; for buyers, it marks a change from the municipality’s recent pace of sales. Manacor comprises 9 listed localities, including Manacor town, Porto Cristo and Son Macià, so the municipal total extends beyond its principal town.

In 2024, Manacor’s flat existing-contract rent median stood at €6.25 per square metre, below the €7.14 middle level of Mallorca’s municipalities. That placed Manacor 34th among 43 municipalities by flat existing-contract rent median. The median monthly existing-contract rent for flats was €550, alongside a median flat dwelling size of 93 m². Flat existing-contract rents had risen from a median of €3.98 per square metre in 2015, while the municipality’s 2024 level remained below the middle of the island’s municipalities.

Property sales in Manacor

The 492 home sales recorded in 2025 represent a 15.3% decline from 581 in 2024. Mallorca’s sales fell 0.5% over the same period, leaving Manacor’s change about 14.9 percentage points below the island-wide change. For buyers and sellers, the local transaction count signals a pronounced shift after several years in which annual sales had stayed closer to the previous year’s level.

Sales stood at 572 in 2016 and reached a series high of 677 in 2018, before falling to 417 in 2020. Activity recovered to 582 sales in 2022, dipped to 568 in 2023 and returned to 581 in 2024. The subsequent decline to 492 in 2025 left transactions above the 2020 low, though well below the 2018 high. The latest change therefore interrupts the recovery evident in the intervening sales totals.

492 Sales · 2025

Sales count, not price *

Year-on-year change: -15.3%

Property sales in Manacor2016: 572; 2017: 580; 2018: 677; 2019: 577; 2020: 417; 2021: 558; 2022: 582; 2023: 568; 2024: 581; 2025: 4925722016580201767720185772019417202055820215822022568202358120244922025

Rents in Manacor

In 2024, Manacor’s flat existing-contract rent median was €6.25 per square metre. The median monthly existing-contract rent for flats was €550, with a median dwelling size of 93 m². For houses, the existing-contract rent median was €5.71 per square metre; the median monthly existing-contract rent was €533, alongside a median dwelling size of 125 m². Houses thus had a lower median rent per square metre, while their median dwelling size was larger.

Both property types show a sustained rise since 2015. The flat existing-contract rent median increased from €3.98 to €6.25 per square metre in 2024, while the house existing-contract rent median rose from €3.41 to €5.71. Manacor’s 2024 flat median of €6.25 was 12.5% below the €7.14 middle level of Mallorca’s municipalities, placing the municipality 34th among 43 on that flat-rent measure.

Existing rent, not asking rent *

Rents in Manacor · €/m² per month
PropertyMedianP25–P75 rangeRental contracts
Apartment20246.25 €/m² per month4.48–8.171,653
House20245.71 €/m² per month3.8–8.161,084

Rental trends

Manacor’s rent index rose from 100.0 in 2015 to 128.6 in 2024, a gain of 28.6% over the period. By 2019 it had reached 111.9, with an annual index increase of 3.8%. The index continued upward to 113.3 in 2020, although that year’s increase slowed to 1.3%. That slowdown marks a clear change of pace within an otherwise rising series.

The index subsequently reached 120.0 in 2022, when the annual increase was 3.5%. It advanced to 123.6 in 2023 with a 3.0% rise, then to 128.6 in 2024 with a 4.1% rise. The latest annual increase was the strongest in the recorded index history. For tenants and landlords, the 2024 reading continues the upward path while marking a faster annual rise than in the preceding year.

Year-on-year change · 2024: +4.1%

Index, not euro amount *

Rental index2015: 100; 2016: 101.54; 2017: 103.87; 2018: 107.86; 2019: 111.91; 2020: 113.31; 2021: 115.97; 2022: 120; 2023: 123.57; 2024: 128.651002015101.542016103.872017107.862018111.912019113.312020115.9720211202022123.572023128.652024

Appraised values in Manacor

In the second quarter of 2026, Manacor’s overall appraisal value stood at €3,030.60 per square metre. The appraisal value for existing homes was €3,026 per square metre in the same quarter. Existing-home valuations therefore sat slightly below, and very close to, the overall appraisal level. Buyers and sellers of existing property faced a municipal appraisal value close to the figure for homes overall at that point in time.

Appraised value · 2026 Q2: 3,030.6 €/m²

Valuation, not purchase price *

Estate agents in Manacor

Manacor has 53 brokers and ranks sixth among 49 municipalities by broker count, indicating a substantial broker presence relative to other municipalities.

Estate agents in Manacor in the directory

Additional costs when buying a home

As an example, take an existing home priced at €303,060 for 100 m², based on Manacor’s overall appraisal value in the second quarter of 2026. Transfer tax comes to €24,244.80 at 8%. The example fees are €595 for the notary, €270 for registration, €400 for administrative handling and €3,030.60 for legal services at 1% of the example price. Those fees total €4,295.60. Together with transfer tax, the example purchase costs reach €28,540.40, or 9.42% of the example price, bringing the combined outlay to €331,600.40. The annual urban IBI rate from 2026 is 0.628% of the cadastral value, adding an ongoing ownership charge to these purchase-time amounts.

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
€28,540.40
Purchase price including closing costs€331,600.40

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 Manacor
0.628%
IBI per year, ballpark figure
€1,130.40

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 €94.20 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 2026

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 have home sales changed in Manacor?
Manacor recorded 492 home sales in 2025, down from 581 in 2024, a decline of 15.3%. Mallorca’s sales fell 0.5% over the same period. Manacor’s latest total also stands below its series high of 677 sales in 2018, following a recovery from the 2020 low of 417.
What are existing-contract rents for flats and houses?
In 2024, the flat existing-contract rent median was €6.25 per square metre, with a median monthly existing-contract rent of €550 and a median dwelling size of 93 m². For houses, the existing-contract rent median was €5.71 per square metre, the median monthly existing-contract rent was €533 and the median dwelling size was 125 m². Manacor’s flat median of €6.25 ranked 34th among 43 municipalities.
Where do Manacor’s appraisal values stand?
In the second quarter of 2026, the overall appraisal value was €3,030.60 per square metre. The appraisal value for existing homes was €3,026 per square metre in that quarter. The existing-home figure sat slightly below the overall appraisal value, with the two valuation levels close together.
How much do the example purchase costs add?
For an example existing-home price of €303,060, transfer tax is €24,244.80 and example fees total €4,295.60. Together they add €28,540.40, or 9.42% of the example price, bringing the combined example outlay to €331,600.40. The annual urban IBI rate from 2026 is 0.628% 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: 303,060 €. 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.