Santa Margalida Property Prices, Rents & Rental Yields

About Santa Margalida

Santa Margalida sits in the quiet interior of northeast Mallorca, where village streets, countryside views, and easy access to the island’s northern coast give it a distinctly local appeal. For houses, it combines a traditional setting with a position close enough to wider island routes to remain relevant for long-term ownership.

September 2026 brings the clearest signal yet: pricing is still climbing, but income is not keeping pace. The average house sale price stands at €985,000, after rising 3.4% over the month and 25.5% year over year. That puts pressure on investment returns, especially with the average rent price unchanged month on month at €2,200.

The result is a tighter balance between capital growth and yield. At 3.12%, the current yield suggests there is still a return on offer, but it is being narrowed by faster price growth than rent growth. The average m2 price at €4,190, up 3.4% from the previous month and 23.3% from a year earlier, confirms that house values are advancing broadly rather than in isolation. For investors following Santa Margalida, the market note for September is straightforward: prices are moving ahead more quickly than rental income, so the economics are becoming more selective even as value levels continue to rise.