Sorello Guides

What buying in Inca actually costs

Inca sits in the size class where Illes Balears property still trades on local knowledge more than on portals. Second homes are a minority presence, at 23,93 % of the dwelling stock. At 2.633,4 €/m² appraisals are firmly in the expensive half of the country.

What the deed itself costs

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. At Inca price levels the Balearic Islands transfer tax is worth several months of most household budgets, so it belongs in the offer, not after it.

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

In context

Line the Illes Balears municipalities in this guide up by tax rate on construction work and this one is the third lowest.

Set the national range end to end and this year of the last cadastral revision lands in the second-dearest twentieth.

Take Illes Balears alone: among the municipalities here, its appraised value per square metre is the lowest.

Nationally, that number of appraisals behind the average falls in the third-cheapest twentieth.

Take Illes Balears alone: among the municipalities here, its share of the urban register that is housing is the fourth lowest.

Put beside its neighbours

On a national view, its count of registered residential units falls into the third-cheapest twentieth.

Take Illes Balears alone: among the municipalities here, its number of urban cadastral units is the third lowest.

Over the whole guide, the rural property-tax rate recorded here falls within the thirteenth twentieth from the bottom.

On number of notarised home sales it is the fifth lowest of the Illes Balears municipalities this guide covers.

Set the national range end to end and this total dwelling stock lands in the band just above the bottom quarter.

In context

Line the Illes Balears municipalities in this guide up by average cadastral value per home and this one is the second lowest.

Country-wide, that average cadastral value per home is one of the band just below the middle.

Of the Illes Balears municipalities covered here, this one comes fifth lowest on share of dwellings that are not a main residence.

Put beside the rest of the country, its urban property-tax rate belongs to the band just above the middle.

The age of the cadastral register

Inca last revalued in 2016, long enough ago for the register to lag the market a little.

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

What the housing stock is like

12.807 of 21.531 urban units are residential, a housing-led register.

No rented share is available for Inca: the census stops short of municipalities this size.

23,93 % of dwellings in Inca are not a main residence — a normal proportion for an inland town.

The recurring yearly cost

At 0,65 %, the Inca urban IBI rate is an ordinary one.

The typical Inca home is on the register at 56.161 €, below the national middle.

The rural rate of 0,8 % is unusually close to the urban one.

Take 180.000 € of cadastral value: at 0,65 % the yearly bill is 1.170 €.

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.

How many homes change hands

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

Against 12.807 registered residential units, a healthy share of the stock changes hands each year.

440 home sales went through the notaries in Inca in the year — a quiet market.

Notarised home sales by quarter, 2025
QuarterSales
First quarter111
Second quarter99
Third quarter96
Fourth quarter134

An expensive market, measured

It rests on 101 appraisals, a thin base that a few unusual properties can move.

Inca appraises at 2.633,4 €/m², expensive by national standards and rising faster than incomes.

Related guides

Sources and licences