Menorca island Property Prices, Rents & Rental Yields

About Menorca island

Menorca island blends low-rise coastal settlements, clear waters and a slower Mediterranean rhythm with a distinctive island setting in Spain’s Balearics. Its apartment market reflects that same balance of lifestyle appeal and measured scale, where location and supply remain central to pricing.

September 2026 brings the clearest signal: apartment prices are still edging higher even as rental gains remain modest. The average sale price stands at €360,000, up 2.9% on the month and 5.9% over the year, while the average square metre price has reached €4,240, also rising 0.4% month on month and 9.6% year on year. That points to a market where capital values continue to firm more quickly than income.

For investors, the tension is visible in the yield. At 4.24%, it suggests returns are being compressed by the combination of rising purchase prices and a softer monthly rent reading. Average rent is €1,150, down 4.2% from the previous month, although it is still 1.3% higher than a year ago. In other words, September’s picture is not one of broad weakness, but of a market where value growth is outpacing rental growth, making entry pricing a more important consideration than earlier in the year.