Sorello Guides

The cost of buying a home in Ciutadella de Menorca

Ciutadella de Menorca is a town rather than a city, which in Illes Balears usually means one estate agency network knows most of the stock. Roughly a third of dwellings, 33,35 %, are not a main residence. The appraised average of 3.564,2 €/m² belongs to the small group of expensive Spanish municipalities.

What the deed itself costs

In Ciutadella de Menorca the Balearic Islands transfer tax on a resale runs into tens of thousands of euros, which is why the declared value is scrutinised. Balearic Islands charges transfer tax on a progressive scale rather than a single rate, starting at 8 % and rising through bands as the value goes up; the table below applies the scale bracket by bracket.

Transfer tax on a resale purchase, at three illustrative prices
Purchase priceTransfer tax
200.000 €16.000 €
350.000 €28.000 €
600.000 €50.000 €

The three prices are round illustrative figures chosen to bracket the ordinary range, not measurements of this market.

The reduced rates, stamp duty and the deed checklist for Balearic Islands

Put beside its neighbours

Within Illes Balears, that is the fourth lowest appraised value per square metre among the municipalities this guide covers.

Measured against the whole batch, that tax rate on construction work sits in the fourth-cheapest twentieth.

Take Illes Balears alone: among the municipalities here, its share of dwellings that are not a main residence is the fourth highest.

Against every municipality in this guide, its year of the last cadastral revision lands in the eighth twentieth from the bottom.

Line the Illes Balears municipalities in this guide up by urban property-tax rate and this one is the highest.

How it ranks

On a national view, its number of appraisals behind the average falls into the bottom quarter.

Compared with the rest of Illes Balears in this guide, it sits fifth highest on number of notarised home sales.

Against every municipality in this guide, its average cadastral value per home lands in the band just above the middle.

Among the Illes Balears towns and cities covered here, it records the third lowest average cadastral value per home.

Over the whole guide, the rural property-tax rate recorded here falls within the band just below the middle.

Put beside its neighbours

Judged only against Illes Balears, the share of the urban register that is housing here is the fifth highest in the guide.

Measured against the whole batch, that population sits in the band just above the bottom quarter.

Ranked against its neighbours in Illes Balears, it holds the sixth highest number of urban cadastral units of the group.

Put beside the rest of the country, its total dwelling stock belongs to the lower middle of the range.

The pace of sales

Sales clustered in First quarter and thinned in Third quarter, the ordinary Spanish seasonal pattern.

With 17.495 residential units on the register, that is moderate turnover of the existing stock.

Ciutadella de Menorca saw 458 notarised home sales over the year, a steady rate for its population.

Notarised home sales by quarter, 2025
QuarterSales
First quarter141
Second quarter112
Third quarter97
Fourth quarter108

The cadastral values are dated

The tax on construction work is 3,2 %, so a refurbishment budget should carry it.

The Ciutadella de Menorca register dates from 2002; a future revision could move the yearly bill significantly even if the rate never changes.

What the appraisers see

The appraised average in Ciutadella de Menorca is 3.564,2 €/m², which is a coastal or capital-city price.

It rests on 113 appraisals, a thin base that a few unusual properties can move.

The shape of the housing stock

Tenure is published only for the larger municipalities and the provincial capitals, which leaves Ciutadella de Menorca out.

Almost the whole register is housing: 17.495 residential units out of 27.964 urban ones.

In Ciutadella de Menorca, 33,35 % of dwellings are not a main home, enough for holiday demand to matter without dominating.

What the town hall charges every year

Ciutadella de Menorca sets its urban IBI at 0,719 %, a little above what most town halls charge.

Rural land carries 0,685 %, close to the urban rate.

Cadastral values in Ciutadella de Menorca average 62.969 € per dwelling, an ordinary base.

180.000 € of cadastral value at 0,719 % is 1.294 € a year, but the base is dated and a revision would change it sharply.

The cadastral value in this example is a round illustrative figure, not the cadastral value of any particular property here. Ask for the last IBI receipt: it states the real one.

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