City guide Palma de Mallorca
- Method Generated Researched
- 1-Bedroom Purchase Price (City Center) Approx. €4,800-€6,800 per m² in the city center (e.g., 60 m² = about €288,000-€408,000)… Fotocasa October 2026 puts the Centre district at 6,680 euro per square metre, with no…
- 1-Bedroom Purchase Price (Outside City) Approx. €3,600-€4,800 per m² outside the core (e.g., 60 m² = about €216,000-€288,000)… Fotocasa October 2026 has no single outskirts rate. Llevant is 3,821 euro per square…
- 2-Bedroom Purchase Price (City Center) Approx. €4,500-€6,500 per m² in central Palma (e.g., 80 m² = about €360,000-€520,000)… Fotocasa October 2026 puts the Centre district at 6,680 euro per square metre, with no…
- 2-Bedroom Purchase Price (Outside City) Approx. €3,300-€4,600 per m² in outer areas (e.g., 80 m² = about €264,000-€368,000)… Fotocasa October 2026 has no single outskirts rate. Llevant is 3,821 euro per square…
- Annual Events Sant Sebastià in January is Palma’s biggest city festival, with concerts and bonfires… Sant Sebastià is the city patronal festival. The 2026 programme opens on 10 January, the…
- Attractive Tax System for Digital Nomads Moderately attractive rather than low-tax. Spain’s digital nomad visa can be useful for… Qualifying newcomers, including eligible remote workers, may opt into the impatriados…
- Best Beach Nearby Can Pere Antoni Beach is the closest urban beach to central Palma, just east of the… Platja de Can Pere Antoni is the most central beach, starting 500 m east of Parc de la…
- Best Coworking Space The Hub Mallorca (Carrer de Sant Gaietà, Santa Catalina) is one of the best-known… A directory updated 25 October 2026 lists 26 Palma spaces, with a shared desk at a median…
- Best Hospital Hospital Universitari Son Espases (Carretera de Valldemossa, west of central Palma) is the… Hospital Universitari Son Espases, Carretera de Valldemossa 79 in Ponent, phone 871 205…
- Bonfire-Friendly Spots Official bonfire spots are limited in the city, and beach bonfires are generally… The 2026 Sant Sebastià programme closes on 25 January with a correfoc, when devils and…
- Cashless Friendly Yes. Palma is highly cashless-friendly, especially in restaurants, supermarkets, coworking… Cards are widely accepted; carry cash for smaller venues and markets.
- Casino & Gaming Halls Casino Mallorca, near the Paseo Marítimo area, is the main casino destination in the city… Casino de Mallorca is mapped on Avinguda de Joan Miró in Portopí, on the seafront west of…
- City Palma de Mallorca, Balearic Islands, Spain — the capital of Mallorca and the main urban… Palma, also called Palma de Mallorca, is the capital and largest city of the Balearic…
- Controlled Foreign Company (CFC) Rules Yes, Spain has CFC rules and anti-avoidance provisions that can apply to residents with… Yes. A Spanish resident is taxed on a foreign subsidiary when it owns, alone or with…
- Corporate Tax 25% standard corporate tax in Spain. The general corporation tax rate is 25 percent. A newly created company pays 15 percent in…
- Currency & Banking Euro (EUR). Rough exchange reference: 1 EUR ≈ 1.08 USD, 1 USD ≈ 0.93 EUR. ATMs are widely… Euro (EUR). On 19 October 2026 the European Central Bank rate was 1 EUR = 1.1225 USD, so 1…
- Dividend Withholding Tax 19% for Spanish residents on dividends; cross-border treatment can vary depending on… Non-residents pay 19 percent on dividends, and treaties can set a lower rate. Residents…
- Highest Income Tax Bracket 47% in the Balearic Islands for top regional personal income tax, plus national… The national 2026 withholding guideline reaches 47% above €300,000. Final general-income…
- Main Train/Transit Hub Plaça d’Espanya is the main transit hub for Palma, connecting EMT buses, the TIB regional… Estació Intermodal is the main train, bus and metro station, underground at Plaça…
- Must-See Landmarks La Seu Cathedral, Parc de la Mar, and the Royal Palace of La Almudaina are the signature… La Seu, the cathedral on Plaça de la Seu, stands above Parc de la Mar. The Royal Palace of…
- National Parks Nearby Parc Natural de Mondragó is one of the most popular protected nature areas reachable by… The Cabrera islands, about 20 km south of Mallorca, are a national park, and Palma is…
Fix pass. Tap Water and Cashless Friendly now use the national guidance from the unchanged Spain prep. SIM Card now states the 28-day Orange tariff cycle rather than card-expiry details. Highest Income Tax Bracket distinguishes national withholding from regional final tax. Attractive Tax System for Digital Nomads now states conditional eligibility and five prior non-resident years. Best Hospital, Best Coworking Space, Must-See Landmarks, Scenic Viewpoints and Property Transaction Tax have explicit verification limits for retained address, price and tax details. Updated research attribution and verification date; the exchange rate remains unchanged. (https://en.wikivoyage.org/wiki/Spain, https://www.orange.es/tarifas/movil/prepago, https://taxsummaries.pwc.com/spain/individual/taxes-on-personal-income, https://sede.agenciatributaria.gob.es/Sede/en_gb/ayuda/manuales-videos-folletos/manuales-practicos/manual-tributacion-no-residentes/regimenes-opcionales/regimen-especial-impatriados.html)