How much does property cost in Menorca?

Property prices in Menorca vary by type: apartments typically range from €150K to €800K, villas from €400K to €3.0M+. Prices depend on location, condition, and views.

What is the price per square meter in Menorca?

Price per square meter in Menorca typically ranges from €2,500 to €8,000+ depending on location and property type. More affordable options are available in less central areas.

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Menorca Property Prices

Q: Are property prices rising in Menorca?

Menorca has seen sustained interest from international buyers. The market, known for quieter than Mallorca/Ibiza, natural beauty, UNESCO Biosphere, upscale, family-friendly, has experienced moderate price appreciation in recent years. Check our quarterly Casza Index for latest trends.

2026 price guide for Spain

Quick Answer

Property prices in Menorca range from €150K for entry-level apartments to €3.0M+ for luxury villas. The market is characterized by quieter than Mallorca/Ibiza, natural beauty, UNESCO Biosphere, upscale, family-friendly. Spain has a cost of living index of 61/100.See our methodology.

Casza Market Summary: Menorca

Methodology

•Property prices range from €150,000 to €3,000,000.
•Average rental yield is 4.8% gross annually.
•Cost of living index is 61 (39% cheaper than Western Europe average).
•Golden Visa residency available with €500K+ property investment.
•Foreign nationals can purchase property without restrictions.

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Prices by Property Type

Apartments

Entry Level

€150K

Average

€350K

Premium

€800K+

Villas

Entry Level

€400K

Average

€900K

Luxury

€3.0M+

Townhouses

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Price Analysis for Menorca

The Menorca property market in Spain is characterized by quieter than Mallorca/Ibiza, natural beauty, UNESCO Biosphere, upscale, family-friendly. Prices reflect the desirability of the location, which is known for the quieter, upscale balearic escape.

Price Factors

Several factors influence property prices in Menorca:

Location: Waterfront, historic center, and view properties command premiums
Property condition: Renovated vs. requiring work significantly affects price
Size and layout: Price per m² often lower for larger properties
Amenities: Pools, parking, and outdoor space add value
Rental potential: Properties with high rental yield may price higher

Price Trends

Menorca has experienced steady demand from international buyers. The market benefits from Spain's Golden Visa program and appeal to lifestyle-focused investors. For quarterly market updates, see our Casza Index.