What is the average cost of housing in Palma de Mallorca?

"The average cost of housing in Palma de Mallorca can vary greatly depending on the location and type of property. For instance, a one-bedroom apartment in the city center may cost around €900 to €1,200 per month to rent, while the same type of property outside the city center may cost around €600 to €800 per month. If you're looking to buy property, the average price per square meter in the city center can be around €3,500 to €4,500, while outside the city center, it may be around €2,500 to €3,500. However, these prices can fluctuate based on market conditions and other factors," mentioned another expat when asked about moving to Palma de Mallorca, Spain.