Palma de Mallorca, Spain 🇪🇸
#410
39.569581, 2.650074
Nomad Score:
75%
Essentials
| 🏙️ City | Palma de Mallorca is the capital city of the Balearic Islands, known for its picturesque coastline, historical architecture, and vibrant lifestyle. |
| 👥 Population | Approximately 400,000 residents. |
| 💻 Internet Speed | Average download speeds of around 100 Mbps. |
| 💸 Currency & Banking | Currency is the Euro (EUR). 1 EUR ≈ 1.05 USD. |
| 🚰 Tap Water | Tap water is drinkable but may have a slight taste due to minerals. |
| 🔌 Power | Electricity is supplied at 230V, 50Hz, with Type C/E sockets. |
| 📶 SIM Card | Major providers include Movistar, Vodafone, and Orange. |
| 💳 Banking for Expats | Services like N26, Revolut, and traditional banks like Banco Santander are available. |
| 🛌 Accommodation | Options include Airbnb, Booking.com, and local rental agencies. |
| 💳 Cashless Friendly | Yes, cards are widely accepted in most places. |
| 🏠 Short Term Rentals | Airbnb and Vrbo provide numerous short-term rental options. |
| 🛏️ Budget Accommodation | Hostel La Llotja and Hostel Albergue Juvenil offer budget-friendly stays. |
Working and Networking
| 🏢 Best Coworking Space | Urban Oasis offers a vibrant coworking environment. |
| ☕ Best Cafe for Work | Café de Paris is popular among remote workers for its ambiance and wifi. |
| 💼 Networking Events | Meetup groups and local expat forums often host networking events. |
| 🥂 Social Events for Expats | The Palma International Community Club organizes regular social events. |
Transportation
| 🚕 Best Taxi/Ride App | Uber operates in Palma, along with local taxis. |
| 🚲 Bike/Scooter Rental | Bicimed offers bike rentals throughout the city. |
| 🏖️ Best Beach Nearby | Playa de Palma, just a short bus ride away, is a popular beach. |
| ✈️ Top Regional Airline | Air Europe provides regional flights in and out of the city. |
| ✈️ Top International Airline | Iberia and Vueling are key carriers for international flights. |
| 🛣️ Highway Access | Main routes include the Ma-19 connecting to the Palma airport. |
| 🚉 Main Train/Transit Hub | Estació Intermodal serves as a major transport hub for train and bus services. |
| 🚍 Public Transport Passes | The TIB travel cards offer various options for unlimited travel. |
| ✈️ Regional Travel | Buses connect to nearby towns including Sóller and Valldemossa. |
Health and Wellness
| 🏥 Best Hospital | Hospital Universitari Son Espases is the primary hospital in Palma. |
| 🧘 Yoga & Wellness Centers | Kundalini Yoga Studio is a well-regarded yoga hub. |
| 🏋️ Gyms & Fitness Centers | Basic-Fit and Anytime Fitness have several branches in the city. |
| 🧺 Laundry Services | Lava y Aventura offers laundry services in central Palma. |
Food and Drink
| 📱 Best Food Delivery App | Glovo is a popular food delivery app in Palma. |
| 🍽️ Best Local Dish to Try | Try 'Pa amb oli', a traditional Balearic dish. |
| 🍱 Vegan/Vegetarian Options | Puroastur offers excellent plant-based meals. |
| 🍫 Best Dessert Spots | Forn de Sant Joan is famous for its pastries. |
| 🛒 Affordable Shopping Spots | Mercat de l'Olivar is a local market with affordable options. |
| 🛒 E-commerce/Online Store | Local delivery services include El Corte Inglés online. |
| 🛒 Grocery Delivery | Supermercados like Mercadona offer online delivery services. |
| 🍸 Bar/Nightlife Area | La Lonja is the hottest nightlife district in Palma. |
| 🍻 Local Brewery | Cerveses de Mallorca produces local craft beers. |
| 🍷 Wine Bars | Bodega Santa Cata offers a selection of local wines. |
| 🍲 Street Food Stalls | Visit the food trucks at the Mercat de Santa Catalina for street food. |
| 🍕 Popular International Cuisine | KFC and Pizza Hut are popular, along with local fusion cuisine. |
Culture and Attractions
| 🎟️ Must-See Landmarks | La Seu Cathedral and Bellver Castle are must-visit sites. |
| 🏛️ Museums & Art Venues | Es Baluard Museum of Modern and Contemporary Art is another highlight. |
| 🏰 Historical Sites | The Royal Palace of La Almudaina reflects Mallorca's history. |
| 🕍 Religious Sites | The Monastery of San Francisco is an iconic religious site. |
| 🎉 Annual Events | The Festes de Sant Joan in June features lively celebrations. |
| 🎨 Cultural Districts | Visit the Santa Catalina neighborhood for a blend of culture and cuisine. |
| 🎭 Theater Venues | Teatre Principal de Palma hosts various performances. |
| 🛍️ Local Markets | Mercat de Santa Catalina is a vibrant local market. |
| 🎼 Music Scene | The historic venue Plaza Major sees many concerts and performances. |
| 🎨 Street Art | Explore murals around the Santa Catalina area. |
| 🧑🍳 Cooking Classes | Mamma Mia offers local cooking classes. |
| 👩🎨 Art Galleries | Maca Museums & Art Gallery showcases local artwork. |
| 🕰️ Historic Buildings | Palau de l'Almudaina features stunning architecture. |
| 🏴 Local Heritage | Mallorcan culture, notably its languages and traditions, is a point of pride. |
Nature and Outdoor Activities
| 🌅 Nearby Nature Escapes | The Serra de Tramuntana provides stunning hiking trails. |
| 🏞️ National Parks Nearby | The Parc Natural de Cala Mondragó is accessible for nature lovers. |
| 🚲 Cycling/Walking Paths | The waterfront promenade offers beautiful views and paths. |
| 🌄 Scenic Viewpoints | Mirador de Na Foradada is a breathtaking viewpoint. |
| 🦉 Birdwatching Locations | S'Albufera Natural Park is great for birdwatching. |
| 🔥 Bonfire-Friendly Spots | Designated areas are available at Platja de Palma during summer months. |
Other Services and Amenities
| 📦 Parcel Delivery Service | Correos offers reliable parcel delivery services. |
| 🛠️ Tech Repair Services | Cita Previa offers good tech repair in Palma. |
| 🏓 Table Tennis Spots | Palma Sport & Tennis Club has facilities for table tennis. |
| 🧑🏫 Language Classes | Language School Mallorca offers various language courses. |
| 📚 Libraries & Study Spots | Biblioteca Pública de Palma is a quiet place for studying. |
| 🏘️ Community Centers | Casal de Barri offers various community programs. |
| 🕹️ Gaming Lounges | PGL Gaming Lounge is a popular hub for gamers. |
| 🎰 Casino & Gaming Halls | Casino de Mallorca offers gaming and entertainment facilities. |
Business
| 🏢 Studio Purchase Price (City Center) | Approx. €3,600 per m² (e.g., 40 m² = €144,000). |
| 🏢 Studio Purchase Price (Outside City) | Approx. €2,500 per m² (e.g., 40 m² = €100,000). |
| 🏠 1-Bedroom Purchase Price (City Center) | Approx. €3,000 per m² (e.g., 60 m² = €180,000). |
| 🏠 1-Bedroom Purchase Price (Outside City) | Approx. €2,200 per m² (e.g., 60 m² = €132,000). |
| 🏡 2-Bedroom Purchase Price (City Center) | Approx. €2,800 per m² (e.g., 80 m² = €224,000). |
| 🏡 2-Bedroom Purchase Price (Outside City) | Approx. €2,100 per m² (e.g., 80 m² = €168,000). |
| 💼 Corporate Tax | 25%. |
| 💵 Dividend Withholding Tax | 19%. |
| 🏦 Tax System | Residence-based taxation on worldwide income. |
| 📈 Highest Income Tax Bracket | Higher rate at 47% for income above €300,000. |
| 🧾 VAT | 21% standard rate. |
| 🌐 Controlled Foreign Company (CFC) Rules | Yes, Spain has CFC rules in place. |
| 🏠 Property Tax | Annual property tax is based on the cadastral value. |
| 🏠 Property Transaction Tax | 10% standard rate. |